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SC REAL ESTATE EXAM REVIEW Questions And Answers |Latest 2025 | Guaranteed Pass

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©BRIGHTSTARS 2025 ALL RIGHTS RESERVED 10:40 AM A+ 1 SC REAL ESTATE EXAM REVIEW Questions And Answers |Latest 2025 | Guaranteed Pass How often do realtors renew licenses - Answerevery 2 years by June 30th which I the end of the fiscal year how many hours of continuing education do you need - Answer8 hrs every 2 years how long do you need to wait to reinstate your license after it is revoked - Answer1 yr can a broker in charge be over move than 1 branch office at a time - Answeryes broker in charge, receives earnest money at start o acceptance/written acceptance offer, how long does he have to deposit it - Answer48 hours, excluding bank holidays and weekends coastal zone management-erosion of two things that affect the set back lines - Answersand dunes and beach front landlord tenant act-what essential service does he provide access to - Answerheat--hot/cold water--electricity ©BRIGHTSTARS 2025 ALL RIGHTS RESERVED 10:40 AM A+ 2 latent material defects what do not count are not included - Answerstigma defects psychological death or manor of death virus not transmitted through house offsite hazards sex offender broker in charge has a duty to notify the real estate commission when a sales person moves - Answeryes when is it legal to represent both buyer/seller - Answerdual agency form is signed by both clients who doesn't have to have a real estate license - Answerowner attorney trustees/receivers forrester government employee can you do property management with a real estate license - Answeryes when you receive a deposit, where do you deposit to - Answertrust account 4 main disciplinary actions that the RE Comm can take against realtor - Answerrevocation fine up to 1000 per violation suspension public reprimand ©BRIGHTSTARS 2025 ALL RIGHTS RESERVED 10:40 AM A+ 3 dispute of earnest money, what does BIC do? - Answerhold money until dispute is resolved by written agreement or court order what kind of damages does earnest money cover - Answerliquidated damages if a licensee wants to transfer companies by mail - Answertransfer form sign it and new BIC. Send in old license, thy will send new license///////can be done online in sc, net/price listing illegal - Answeryes potential grounds for disciplinary action - Answerfraud forgery comingling---- steering blockbusting redlining what is the max against someone selling real estate without a license - Answerup to 500 and or up to 6 months in jail under homestead act, 3 groups that qualify for discount? - Answer62 age elderly disabled legally blind 3 main exceptions of to our duty of confidentiality - Answercourt order consent ©BRIGHTSTARS 2025 ALL RIGHTS RESERVED 10:40 AM A+ 4 defend if a buyer chooses not to be represented - Answera customer what state legislative act lets local govt zone - Answerenabling acts if seller agrees to allow selling agent to keep any dollar amount over certain price - Answernet listing a buyer signs agreement and it doesn't matter who procures the sale - Answerexclusive buyer agency agreement example of a general lien - Answerjudgement what specific lien are not recorded in public record - Answerproperty taxes special assessments in an appraisal, when we apply the 3 approaches to value - Answerreconciliation- 3 approaches to value 3 approaches to value - Answersales comparison income cost approach under lead paint act, it applies to houses built before? - Answer1978 buyer has how many days to test for lead paint - Answer10 days

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Institution
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Uploaded on
April 17, 2025
Number of pages
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Written in
2024/2025
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©BRIGHTSTARS 2025 ALL RIGHTS RESERVED 10:40 AM A+




SC REAL ESTATE EXAM REVIEW
Questions And Answers |Latest 2025 |
Guaranteed Pass




How often do realtors renew licenses - Answer✔every 2 years by June 30th which I the end of
the fiscal year



how many hours of continuing education do you need - Answer✔8 hrs every 2 years



how long do you need to wait to reinstate your license after it is revoked - Answer✔1 yr



can a broker in charge be over move than 1 branch office at a time - Answer✔yes


broker in charge, receives earnest money at start o acceptance/written acceptance offer, how
long does he have to deposit it - Answer✔48 hours, excluding bank holidays and weekends



coastal zone management-erosion of two things that affect the set back lines - Answer✔sand
dunes and beach front



landlord tenant act-what essential service does he provide access to - Answer✔heat--hot/cold
water--electricity



1

, ©BRIGHTSTARS 2025 ALL RIGHTS RESERVED 10:40 AM A+


latent material defects what do not count are not included - Answer✔stigma defects
psychological
death or manor of death
virus not transmitted through house
offsite hazards
sex offender


broker in charge has a duty to notify the real estate commission when a sales person moves -
Answer✔yes



when is it legal to represent both buyer/seller - Answer✔dual agency form is signed by both
clients



who doesn't have to have a real estate license - Answer✔owner
attorney
trustees/receivers
forrester
government employee



can you do property management with a real estate license - Answer✔yes



when you receive a deposit, where do you deposit to - Answer✔trust account



4 main disciplinary actions that the RE Comm can take against realtor - Answer✔revocation
fine up to 1000 per violation
suspension
public reprimand


2

, ©BRIGHTSTARS 2025 ALL RIGHTS RESERVED 10:40 AM A+




dispute of earnest money, what does BIC do? - Answer✔hold money until dispute is resolved by
written agreement or court order



what kind of damages does earnest money cover - Answer✔liquidated damages



if a licensee wants to transfer companies by mail - Answer✔transfer form sign it and new BIC.
Send in old license, thy will send new license///////can be done online



in sc, net/price listing illegal - Answer✔yes



potential grounds for disciplinary action - Answer✔fraud
forgery
comingling----
steering
blockbusting
redlining



what is the max against someone selling real estate without a license - Answer✔up to 500 and
or up to 6 months in jail



under homestead act, 3 groups that qualify for discount? - Answer✔62 age elderly
disabled
legally blind



3 main exceptions of to our duty of confidentiality - Answer✔court order
consent


3

, ©BRIGHTSTARS 2025 ALL RIGHTS RESERVED 10:40 AM A+


defend



if a buyer chooses not to be represented - Answer✔a customer



what state legislative act lets local govt zone - Answer✔enabling acts



if seller agrees to allow selling agent to keep any dollar amount over certain price - Answer✔net
listing



a buyer signs agreement and it doesn't matter who procures the sale - Answer✔exclusive buyer
agency agreement



example of a general lien - Answer✔judgement



what specific lien are not recorded in public record - Answer✔property taxes
special assessments



in an appraisal, when we apply the 3 approaches to value - Answer✔reconciliation- 3
approaches to value



3 approaches to value - Answer✔sales comparison
income
cost approach



under lead paint act, it applies to houses built before? - Answer✔1978



buyer has how many days to test for lead paint - Answer✔10 days


4
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