SC PROPERTY MANAGEMENT 2026 CORE MAIN SET
QUESTIONS AND ANSWERS SURE A+
✔✔SC Fair Housing Law (1989) - ✔✔SC's own fair housing law
SCHAC - SC Human Affairs Commission has initial enforcement authority
180 days to file a complaint (6 months). If more than 180 days complaint goes to HUD
✔✔Meghan's Law - ✔✔a law requiring authorities to notify communities of the
whereabouts of convicted sex offenders. It was first enacted by New Jersey in 1995.
✔✔Exemptions to the Fair Housing Act - ✔✔Owner occupied buildings with no more
than four units
Single family housing sold or rented without the use of a real estate professional
Housing operated by orginizations and private and social clubs that limit occupancy to
members (37)
Churches
✔✔FSBO - ✔✔For Sale By Owner. A way to sell a house without involving a real estate
agent.
✔✔Lead Based Paint Disclosure - ✔✔pre-1978, disclosure form MUST be attached with
real estate sales or lease agreements
✔✔General Agent - ✔✔may act on behalf of the owner on a range of matters
, ✔✔Special Agent - ✔✔no authority to sign any contracts on behalf of the princpal
✔✔Lessor - ✔✔landlord
✔✔Lessee - ✔✔tenant
✔✔Triple Net Lease - ✔✔the tenant pays the real estate taxes, maintenance, and
insurance
✔✔Property Manager is obligated to_ - ✔✔keep accounting accurate
✔✔Distraint - ✔✔The right of a landlord to seize and hold possessions of a tenant, for
rent in arrears, pursuant to a court order.
✔✔Holdover Tenant (Tenancy at Sufferance) - ✔✔A tenant who continues to occupy
property after the lease has expired
✔✔Tenancy at will - ✔✔a tenancy granted by landlords to tenants allowing them to
remain in possession without written agreement
✔✔Special purpose property - ✔✔churches, schools, cemeteries, and government-held
lands
✔✔The Business Cylce - ✔✔expansion, recession, contraction, revival
✔✔Non-compete Clauses - Factors for the Court - ✔✔1. Duration
2. Geographic scope
3. Uniqueness of services
✔✔BOMA - ✔✔+Building Owners and Managers Association
✔✔Tenancy at Sufferance - ✔✔A tenancy that occurs when a tenant that is supposed
to vacate does not, but continues to pay rent, and the landlord accepts it.
✔✔A lease agreement - ✔✔A contract
✔✔Constructive Eviction - ✔✔When the tenant is forced to vacate the property because
the landlord failed to provide essential services; tenant is no longer obligated for any
further rent
✔✔Index Lease - ✔✔Increase in rental rates based on selected index of economical
conditions
QUESTIONS AND ANSWERS SURE A+
✔✔SC Fair Housing Law (1989) - ✔✔SC's own fair housing law
SCHAC - SC Human Affairs Commission has initial enforcement authority
180 days to file a complaint (6 months). If more than 180 days complaint goes to HUD
✔✔Meghan's Law - ✔✔a law requiring authorities to notify communities of the
whereabouts of convicted sex offenders. It was first enacted by New Jersey in 1995.
✔✔Exemptions to the Fair Housing Act - ✔✔Owner occupied buildings with no more
than four units
Single family housing sold or rented without the use of a real estate professional
Housing operated by orginizations and private and social clubs that limit occupancy to
members (37)
Churches
✔✔FSBO - ✔✔For Sale By Owner. A way to sell a house without involving a real estate
agent.
✔✔Lead Based Paint Disclosure - ✔✔pre-1978, disclosure form MUST be attached with
real estate sales or lease agreements
✔✔General Agent - ✔✔may act on behalf of the owner on a range of matters
, ✔✔Special Agent - ✔✔no authority to sign any contracts on behalf of the princpal
✔✔Lessor - ✔✔landlord
✔✔Lessee - ✔✔tenant
✔✔Triple Net Lease - ✔✔the tenant pays the real estate taxes, maintenance, and
insurance
✔✔Property Manager is obligated to_ - ✔✔keep accounting accurate
✔✔Distraint - ✔✔The right of a landlord to seize and hold possessions of a tenant, for
rent in arrears, pursuant to a court order.
✔✔Holdover Tenant (Tenancy at Sufferance) - ✔✔A tenant who continues to occupy
property after the lease has expired
✔✔Tenancy at will - ✔✔a tenancy granted by landlords to tenants allowing them to
remain in possession without written agreement
✔✔Special purpose property - ✔✔churches, schools, cemeteries, and government-held
lands
✔✔The Business Cylce - ✔✔expansion, recession, contraction, revival
✔✔Non-compete Clauses - Factors for the Court - ✔✔1. Duration
2. Geographic scope
3. Uniqueness of services
✔✔BOMA - ✔✔+Building Owners and Managers Association
✔✔Tenancy at Sufferance - ✔✔A tenancy that occurs when a tenant that is supposed
to vacate does not, but continues to pay rent, and the landlord accepts it.
✔✔A lease agreement - ✔✔A contract
✔✔Constructive Eviction - ✔✔When the tenant is forced to vacate the property because
the landlord failed to provide essential services; tenant is no longer obligated for any
further rent
✔✔Index Lease - ✔✔Increase in rental rates based on selected index of economical
conditions
