and Answers 100% Solved | Latest
Update
Transfer fees can be assessed on real property sales at a rate of -
✔✔$1.85 per $500 of the sales price and are typically paid by the seller.
All advertisements must include - ✔✔the full name of the licensee's real
estate brokerage firm. If a licensee is part of a team, the team name needs
to be included as well.
The broker-in-charge must notify the real estate commission of changes to
name or contact information within ___ days - ✔✔10 days
Unlicensed assistants may perform administrative tasks only, and may only
write real estate ads ____ - ✔✔with their broker-in-charge's approval.
The South Carolina Real Estate Commission does ? - ✔✔receives
complaints, investigates them, holds hearings, and issues disciplinary
action.
1
©NINJANERD 2024/2025. YEAR PUBLISHED 2024.
, A broker-in-charge has supervisory responsibility over the actions of -
✔✔all associated licensees, which includes salespersons, brokers, and
unlicensed employees.
(vicariously liable)
In a designated agency relationship, certain parties are considered dual
agents. Who? - ✔✔Broker and associated licensees
According to South Carolina's Residential Landlord and Tenant Act, what's
the largest amount a landlord can require for a security deposit? -
✔✔There's no limit
fair housing complaints must be submitted to the commission in writing
within how many days of the discriminatory act? - ✔✔180
Complaints filed with Housing and Urban Development (HUD) must be
made within - ✔✔1 year
If the non-resident seller is a corporation, ____% must be withheld - ✔✔5%
If the seller is a non-resident individual, partnership, trust, or estate, ____%
of the non-resident seller's recognized gain must be withheld - ✔✔7
A South Carolina agency agreement can be viewed as a(n) ___________.
- ✔✔Employment contract between a client and brokerage
2
©NINJANERD 2024/2025. YEAR PUBLISHED 2024.