SOUTH CAROLINA REAL ESTATE EXAM 2024-2025 |ACTUAL
COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS ) A GRADE.
If a brokerage firm changes its name, address, phone, or email, within
how many days must the commission be notified?
A. 10 days
B. 30 days
C. Immediately
D. Seven days - ANSWER-A. 10 days
The broker-in-charge must notify the real estate commission of
changes to name or contact information within 10 days.
Which of these would NOT be considered first substantive contact
with a customer?
A. Asking a couple why they want to move from their gorgeous home.
B. Discussing how much savings the customer has.
C. Engaging in small talk about the weather and the desire to buy
property
D. Finding out information about a customer's job and an upcoming
raise and bonus - ANSWER-C. Engaging in small talk about the
weather and the desire to buy property.
,First substantive contact generally means before discussing financial,
confidential, or motivational information with a consumer.
According to South Carolina's Residential Landlord and Tenant Act,
what's the largest amount a landlord can require for a security
deposit?
A. $1,000
B. One month's rent
C. Six months' rent
D. There's no limit - ANSWER-D. There's no limit
No limit is specified for security deposits, but one month's rent is
common.
Records related to a real estate transaction in South Carolina must be
kept, and available upon commission request, for at least ______
years
A. Five
B. Seven
C. Three
D. Two - ANSWER-A. Five
Records must be retained for at least five years and must be
accessible to inspectors or the commission upon request.
,Charlene is a South Carolina real estate licensee who has three other
licensees working under her supervision. What type of license does
Charlene hold?
A. Broker
B. Broker-in-charge
C. Office manager
D. Salesperson - ANSWER-B. Broker-in-charge
Only an individual holding a broker-in-charge license can supervise
other licensees.
If a South Carolina licensee commits a violation and it's found the
broker-in-charge didn't adequately supervise the licensee, whose
license in jeopardy?
A. both the broker-in-charge's and licensee's
B. The broker-in-charge's
C. The licensee's
D. The license of any future licensee of the firm - ANSWER-A. Both
the broker-in-charge's and licensee's
Failure to supervise is a common violation, often occurring when an
associated licensee has committed a violation, putting both the
licensee's and the affiliated broker-in-charge's license in jeopardy.
, Alfred, a South Carolina licensee, received trust funds from a client on
Monday. When must he deliver the funds to his broker-in-charge?
A. By end of day Monday
B. By end of day Thursday
C. By end of day Tuesday
D. By end of day Wednesday - ANSWER-C. By end of day Tuesday
Associated licensees must deliver trust funds to the broker-in-charge
no later than the end of the next business day.
Which of these would be considered a lawful tenant complaint against
a landlord about a health and safety issue?
A. A fire hazard the tenant caused
B. An allergy to a neighboring tenant's cooking smells
C. An unheated breezeway in the common area
D. A pest intrusion - ANSWER-D. A pest intrusion
Tenants may not make a compliant against a landlord for an unsafe
issue the tenant caused.
Which one of the following is an example of how agency can be
terminated by an act of the agent?
A. Renunciation
B. The agent dues
COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS ) A GRADE.
If a brokerage firm changes its name, address, phone, or email, within
how many days must the commission be notified?
A. 10 days
B. 30 days
C. Immediately
D. Seven days - ANSWER-A. 10 days
The broker-in-charge must notify the real estate commission of
changes to name or contact information within 10 days.
Which of these would NOT be considered first substantive contact
with a customer?
A. Asking a couple why they want to move from their gorgeous home.
B. Discussing how much savings the customer has.
C. Engaging in small talk about the weather and the desire to buy
property
D. Finding out information about a customer's job and an upcoming
raise and bonus - ANSWER-C. Engaging in small talk about the
weather and the desire to buy property.
,First substantive contact generally means before discussing financial,
confidential, or motivational information with a consumer.
According to South Carolina's Residential Landlord and Tenant Act,
what's the largest amount a landlord can require for a security
deposit?
A. $1,000
B. One month's rent
C. Six months' rent
D. There's no limit - ANSWER-D. There's no limit
No limit is specified for security deposits, but one month's rent is
common.
Records related to a real estate transaction in South Carolina must be
kept, and available upon commission request, for at least ______
years
A. Five
B. Seven
C. Three
D. Two - ANSWER-A. Five
Records must be retained for at least five years and must be
accessible to inspectors or the commission upon request.
,Charlene is a South Carolina real estate licensee who has three other
licensees working under her supervision. What type of license does
Charlene hold?
A. Broker
B. Broker-in-charge
C. Office manager
D. Salesperson - ANSWER-B. Broker-in-charge
Only an individual holding a broker-in-charge license can supervise
other licensees.
If a South Carolina licensee commits a violation and it's found the
broker-in-charge didn't adequately supervise the licensee, whose
license in jeopardy?
A. both the broker-in-charge's and licensee's
B. The broker-in-charge's
C. The licensee's
D. The license of any future licensee of the firm - ANSWER-A. Both
the broker-in-charge's and licensee's
Failure to supervise is a common violation, often occurring when an
associated licensee has committed a violation, putting both the
licensee's and the affiliated broker-in-charge's license in jeopardy.
, Alfred, a South Carolina licensee, received trust funds from a client on
Monday. When must he deliver the funds to his broker-in-charge?
A. By end of day Monday
B. By end of day Thursday
C. By end of day Tuesday
D. By end of day Wednesday - ANSWER-C. By end of day Tuesday
Associated licensees must deliver trust funds to the broker-in-charge
no later than the end of the next business day.
Which of these would be considered a lawful tenant complaint against
a landlord about a health and safety issue?
A. A fire hazard the tenant caused
B. An allergy to a neighboring tenant's cooking smells
C. An unheated breezeway in the common area
D. A pest intrusion - ANSWER-D. A pest intrusion
Tenants may not make a compliant against a landlord for an unsafe
issue the tenant caused.
Which one of the following is an example of how agency can be
terminated by an act of the agent?
A. Renunciation
B. The agent dues
