SOUTH CAROLINA REAL ESTATE EXAM
PRACTICE 100% CORRECT AND
UPDATED!!
, Dean, a real estate licensee, has entered into a transaction brokerage agreement with
Brandy, a buyer. In this situation, Dean is a(n) ______, and Brandy is a ______.
-Agent, client
-Agent, customer
-Broker, client
-Broker, customer - ANSWER Broker, customer
**Transaction brokerage relationships are not agency relationships. Therefore, the
licensee isn't considered an agent. Since there's no agency relationship, there's also no
client.
Carlos wants a real estate broker to help him sell his lake house. He expects top-notch,
full services. How can he get this?
-Sign a buyer representation agreement.
-Sign a Disclosure of Real Estate Brokerage Relationships.
-Sign a listing agreement.
-Sign a transaction brokerage agreement. - ANSWER Sign a listing agreement.
**To become a seller client, Carlos must sign the appropriate agency agreement with
the broker. Only a listing agreement establishes an agent-seller client relationship.
In South Carolina, what's the pre-licensing education requirement for brokers?
-120 hours of coursework
-150 hours of coursework
-60 hours of coursework
-90 hours of coursework - ANSWER 150 hours of coursework
Victor is interested in obtaining a real estate salesperson license in South Carolina. He's
reviewing the eligibility requirements for the license and researching schools that offer
pre-licensing education. Which entity determines these?
-Department of Labor, Licensing, and Regulation (LLR)
-Division of Professional and Occupational Licensing
-South Carolina Association of REALTORS®
-South Carolina Real Estate Commission - ANSWER South Carolina Real Estate
Commission
**The South Carolina Real Estate Commission (created under LLR) has the power to
administer and enforce real estate license law, including determining qualification and
eligibility standards for license applicants and education providers.
To qualify for the homestead exemption in South Carolina, the owner must hold either a
life estate or ______ to the residence.
-Complete fee simple
PRACTICE 100% CORRECT AND
UPDATED!!
, Dean, a real estate licensee, has entered into a transaction brokerage agreement with
Brandy, a buyer. In this situation, Dean is a(n) ______, and Brandy is a ______.
-Agent, client
-Agent, customer
-Broker, client
-Broker, customer - ANSWER Broker, customer
**Transaction brokerage relationships are not agency relationships. Therefore, the
licensee isn't considered an agent. Since there's no agency relationship, there's also no
client.
Carlos wants a real estate broker to help him sell his lake house. He expects top-notch,
full services. How can he get this?
-Sign a buyer representation agreement.
-Sign a Disclosure of Real Estate Brokerage Relationships.
-Sign a listing agreement.
-Sign a transaction brokerage agreement. - ANSWER Sign a listing agreement.
**To become a seller client, Carlos must sign the appropriate agency agreement with
the broker. Only a listing agreement establishes an agent-seller client relationship.
In South Carolina, what's the pre-licensing education requirement for brokers?
-120 hours of coursework
-150 hours of coursework
-60 hours of coursework
-90 hours of coursework - ANSWER 150 hours of coursework
Victor is interested in obtaining a real estate salesperson license in South Carolina. He's
reviewing the eligibility requirements for the license and researching schools that offer
pre-licensing education. Which entity determines these?
-Department of Labor, Licensing, and Regulation (LLR)
-Division of Professional and Occupational Licensing
-South Carolina Association of REALTORS®
-South Carolina Real Estate Commission - ANSWER South Carolina Real Estate
Commission
**The South Carolina Real Estate Commission (created under LLR) has the power to
administer and enforce real estate license law, including determining qualification and
eligibility standards for license applicants and education providers.
To qualify for the homestead exemption in South Carolina, the owner must hold either a
life estate or ______ to the residence.
-Complete fee simple
