SOUTH CAROLINA
REAL ESTATE EXAM
PRACTICE QUESTIONS
VERIFIED AND
PROVIDED WITH
COMPLETE A+ GRADED
ANSWERS LATEST
UPDATED 2026
The amount per $1,000 used to calculate taxes milliage rate
on property is the
The common name of the hazardous-waste superfund
cleanup fund established by the
Comprehensive Environmental Response,
Compensation and
Liability Act (CERCLA) is
May eviction and foreclosure notices be NO
delivered electronically in South Carolina?
How many years of sales experience must a 3
salesperson have in order to qualify to take
the brokers exam?
A development map that shows the grid plan
location and sizes of lots and streets is
known as a
he Residential Property Condition Disclosure 4
form applies to transactions that involve no
more than, how many units?
How many years must a full copy of a 5
transaction file be held by a broker after
closing?
Who is responsible for maintaining a habitable Lessor
property and for complying with local
housing and building codes in a rental
situation?
Salespersons must present any client 1 business day
monies received, to their broker, within
The net spendable income generated by an Cash flow
investment is referred to as
, How long must a Broker in Charge or Property 5 years
Manager in Charge retain their Trust Fund
Account records?
A recipient of a high cost loan on a receive counseling on the advisability of the loan
property in South Carolina must
Mortgage "discount" points only apply if The interest rate on the mortgage loan has been lowered by
which of the following conditions are met? 1% for each point charged.
How long does a South Carolina landlord 30 days
have to return a security deposit to a tenant
at the
conslusion of a lease?
Is SC a community property state? No
Lenders will always order this before an appraisal
making a loan.
Betty Broker presents an offer to her seller, an offer rejection form
but the terms are not acceptable to the
seller. What form must Betty complete?
Mortgage loans with fluctuating rates are ARM
termed as
Does South Carolina have homestead laws? YES
A buyer is viewing a home and asks the educate the buyer on doing a search for sex offenders in the
agent if any sex offenders live in the area
immediate area. How should the agent
respond?
An easement by prescription may establish: use of property
Disabled people are protected under Fair 4
Housing law when renting in multi-family
units. How many units must be in the
construction, in order for the law to apply?
Which laws are intended to protect usury laws
consumers from excessive interest
rates on loans?
When purchasing a Vacation Time Sharing 5
Plan, the consumer may cancel the contract
up to how may days after signing?
Standing trees would be considered: real property
A warrant of ejectment may be issued, upon 5 days
landlords application, after how much
time has passed with the tenant being in
violation of court orders?