• Wrong document? Swap it for free
  • Written by students who passed
  • Immediately available after payment
  • Read online or as PDF
Sell
Where do you study
Your language
Document preview thumbnail
Preview 4 out of 64 pages
Exam (elaborations)

Sc Property Management Exam – Questions And Answers | Verified And Well Detailed Answers | Plus Rationales | Download And Pass | Latest Exam Update 2026/2027

Document preview thumbnail
Preview 4 out of 64 pages

Sc Property Management Exam – Questions And Answers | Verified And Well Detailed Answers | Plus Rationales | Download And Pass | Latest Exam Update 2026/2027

Content preview

SC PROPERTY MANAGEMENT EXAM – QUESTIONS AND ANSWERS | VERIFIED
AND WELL DETAILED ANSWERS | PLUS RATIONALES | DOWNLOAD AND PASS |
LATEST EXAM UPDATE 2026/2027

Core Domains

Licensing Requirements and Commission Regulations

Trust Accounts and Financial Management

South Carolina Landlord and Tenant Law

Fair Housing and Anti-Discrimination Compliance

Property Management Principles and Practices

Leasing, Tenant Relations, and Occupancy

Maintenance, Risk Management, and Environmental Issues

Ethics and Professional Standards

Introduction

This comprehensive examination is designed to assess the knowledge, skills, and
professional judgment required for success in the property management industry. The
exam covers a wide range of topics, from foundational legal principles and financial
management to tenant relations, maintenance, and ethical decision-making. The
questions are structured in a multiple-choice format, including direct knowledge
questions and complex scenario-based questions that test your ability to apply
concepts in real-world situations. This assessment emphasizes practical application
and critical thinking, preparing you to handle the diverse challenges and
responsibilities of a professional property manager with competence and integrity.

SECTION ONE: QUESTIONS 1–50

1. What is the minimum age requirement to apply for a Property Manager
license in South Carolina?

,A. 18 years old
B. 21 years old
C. 20 years old
D. 19 years old

🟢 Correct Answer: A. 18 years old

🔴 Explanation: Applicants for a Property Manager license must be at least 18
years old. For a Property Manager-in-Charge (PMIC) license, the applicant must be
at least 21 years old .

2. How often must property manager licenses be renewed in South Carolina?

A. Annually, on December 31
B. Biennially, on June 30
C. Every three years, on January 1
D. Every four years, on April 15

🟢 Correct Answer: B. Biennially, on June 30

🔴 Explanation: Licenses for both Property Managers and Property Managers-in-
Charge must be renewed every two years, with the renewal deadline being June
30th, the end of the state's fiscal year .

3. What happens if a property manager license has lapsed and the licensee fails
to renew within 6 months?

A. The licensee pays a small late fee and retains the license
B. The licensee must reapply and take the exam again
C. The license is automatically reinstated upon payment
D. The licensee must complete additional continuing education only

🟢 Correct Answer: B. The licensee must reapply and take the exam again

,🔴 Explanation: If a license has lapsed and the licensee does not pay renewal dues
within 6 months, they must reapply and retake the examination .

4. How many members serve on the South Carolina Real Estate Commission?

A. 7 members
B. 9 members
C. 10 members
D. 12 members

🟢 Correct Answer: C. 10 members

🔴 Explanation: The SC Real Estate Commission consists of ten members who are
appointed and serve 4-year terms. The composition includes seven members from
the real estate profession, two public members, and one at-large member .

5. What pre-licensing education is required before taking the Property Manager
exam in South Carolina?

A. A 15-hour property management course
B. A 30-hour commission-approved property management course
C. A 60-hour real estate fundamentals course
D. A 45-hour brokerage principles course

🟢 Correct Answer: B. A 30-hour commission-approved property management
course

🔴 Explanation: Applicants must complete 30 hours of approved property
management education before sitting for the exam. To become a PMIC, an
additional 7 hours of accounting instruction is required .

6. Who administers the South Carolina Property Manager examination?

A. The SC Real Estate Commission directly
B. PSI Services

, C. The Department of Labor, Licensing and Regulation
D. Pearson VUE

🟢 Correct Answer: B. PSI Services

🔴 Explanation: PSI Services is the approved testing provider for the South
Carolina Real Estate Commission examinations .

7. Which of the following activities does NOT require a real estate or property
management license in South Carolina?

A. Negotiating leases on behalf of a property owner
B. Being paid a salary to manage an agent's marketing campaign
C. Collecting rent for a landlord
D. Listing a rental property for a fee

🟢 Correct Answer: B. Being paid a salary to manage an agent's marketing
campaign

🔴 Explanation: Managing a marketing campaign does not involve real estate
transactions or property management activities requiring licensure. Activities like
negotiating leases, collecting rent, and listing rental properties do require a license
.

8. What must a Property Manager-in-Charge do when changing their place of
business?

A. Notify the SC Real Estate Commission within 10 days
B. Notify the SC Real Estate Commission within 30 days
C. Submit a new application for licensure
D. Close the existing trust account immediately

🟢 Correct Answer: A. Notify the SC Real Estate Commission within 10 days

Document information

Uploaded on
October 2, 2026
Number of pages
64
Written in
2026/2027
Type
Exam (elaborations)
Contains
Questions & answers
$23.49

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
tutorlorghon
4.7
(255)
Sold
817
Followers
19
Items
8519
Last sold
2 days ago



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions