EXAM PRACTICE 2025 QUESTIONS AND
ANSWERS
The amount per $1,000 used to calculate taxes on property is the - ANS milliage rate
The common name of the hazardous-waste cleanup fund established by the Comprehensive
Environmental Response, Compensation and Liability Act (CERCLA) is - ANS superfund
May eviction and foreclosure notices be delivered electronically in South Carolina? - ANS NO
How many years of sales experience must a salesperson have in order to qualify to take the
brokers exam? - ANS 3
A development map that shows the location and sizes of lots and streets is known as a -
ANS grid plan
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, he Residential Property Condition Disclosure form applies to transactions that involve no more
than, how many units? - ANS 4
How many years must a full copy of a transaction file be held by a broker after closing? -
ANS 5
Who is responsible for maintaining a habitable property and for complying with local housing
and building codes in a rental situation? - ANS Lessor
Salespersons must present any client monies received, to their broker, within - ANS 1
business day
The net spendable income generated by an investment is referred to as - ANS Cash flow
How long must a Broker in Charge or Property Manager in Charge retain their Trust Fund
Account records? - ANS 5 years
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