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
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