Land, buildings and other appurtenances, including all interests in land whether
corporeal, incorporeal, freehold, or non freehold in or outside of state
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Real Estate
,BIC must notify SCREC within 10 days of any change of office name or address
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Associated Licensees
$1.85 per $500 based on sales price (less mortgage assumed) Example:
Sales price = $106,100
Round up to 106, = 213
213 X 1.85 = 394.05 deed stamps
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Deed Stamps
Sale, purchase, exchange or lease of real estate
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Real Estate Transaction
21 years old, licensed broker or qualified as such, have ownership interest in company or
actively engaged in mgt, credit report
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, PMIC Qualifications
Can't use funds for other uses
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Trust Acct Conversion
Broker, Salesman, Property Manager - no one may hold more than one license at a time
Also, no one can be licensed under more than one BIC at a time
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Classification of Licensees
Poster should be displayed in office
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Equal Housing Opportunity Poster
5 years
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Time for Recordkeeping Retention?
Register Plan
Must be a BIC
Must establish Trust Account
Have 5 days not including Sunday if last dat to rescind
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SC Vacation Timesharing Plan Act
Blockbusting
Steering
Redlining
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Fair Housing Act Prohibited Practices
18 years old, credit report, high school grad, 60 hours of classroom instruction, pass
exam, 30 hours post-licensing class within 1 year
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corporeal, incorporeal, freehold, or non freehold in or outside of state
Give this one a try later!
Real Estate
,BIC must notify SCREC within 10 days of any change of office name or address
Give this one a try later!
Associated Licensees
$1.85 per $500 based on sales price (less mortgage assumed) Example:
Sales price = $106,100
Round up to 106, = 213
213 X 1.85 = 394.05 deed stamps
Give this one a try later!
Deed Stamps
Sale, purchase, exchange or lease of real estate
Give this one a try later!
Real Estate Transaction
21 years old, licensed broker or qualified as such, have ownership interest in company or
actively engaged in mgt, credit report
Give this one a try later!
, PMIC Qualifications
Can't use funds for other uses
Give this one a try later!
Trust Acct Conversion
Broker, Salesman, Property Manager - no one may hold more than one license at a time
Also, no one can be licensed under more than one BIC at a time
Give this one a try later!
Classification of Licensees
Poster should be displayed in office
Give this one a try later!
Equal Housing Opportunity Poster
5 years
, Give this one a try later!
Time for Recordkeeping Retention?
Register Plan
Must be a BIC
Must establish Trust Account
Have 5 days not including Sunday if last dat to rescind
Give this one a try later!
SC Vacation Timesharing Plan Act
Blockbusting
Steering
Redlining
Give this one a try later!
Fair Housing Act Prohibited Practices
18 years old, credit report, high school grad, 60 hours of classroom instruction, pass
exam, 30 hours post-licensing class within 1 year
Give this one a try later!