Which qualification is a personal assistant legally required to have if the licensee wants
the assistant to help manage negotiations and other real estate activities in South
Carolina?
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, A real estate license
Which of the following statements about South Carolina purchase offers is true?
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Licensees must present all purchase offers to the seller.
South Carolina licensee Victor has obtained his seller client's signature on an offer he just
received. Victor faxes a copy of this agreement to the buyer's agent. Under South
Carolina law, is this an appropriate way to communicate an accepted offer?
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Yes, this is an appropriate way to transmit the accepted offer.
Kathy Lee is up for her first renewal of her South Carolina salesperson license. How many
hours of continuing education must she complete?
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10 hours every two years
,The South Carolina Real Estate Commission can issue fines as a disciplinary action for a
license law violation. How much can these fines be?
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Between $500 and $5,000 for each violation
Which of the following is generally true about net listings?
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They often involve a conflict of interest.
What happens if a house for sale is destroyed by a flood before the representation
agreement expires?
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Agency terminates by operation of law.
When are designated agents permitted to disclose confidential information to their
broker?
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, When the designated agent is seeking advice or assistance for the client's
benefit
If a brokerage firm changes its name, address, phone, or email, within how many days
must the commission be notified?
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10 days
Tito is a resident of South Carolina who's purchasing a property from the Jackson
Corporation (a non-resident). What percentage of the Jackson Corporation's gains from
the sale will be withheld?
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5%
Toby owns a single-family manufactured home in South Carolina that's occupied by a
tenant. Is this property subject to South Carolina smoke detector laws?
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the assistant to help manage negotiations and other real estate activities in South
Carolina?
Give this one a try later!
, A real estate license
Which of the following statements about South Carolina purchase offers is true?
Give this one a try later!
Licensees must present all purchase offers to the seller.
South Carolina licensee Victor has obtained his seller client's signature on an offer he just
received. Victor faxes a copy of this agreement to the buyer's agent. Under South
Carolina law, is this an appropriate way to communicate an accepted offer?
Give this one a try later!
Yes, this is an appropriate way to transmit the accepted offer.
Kathy Lee is up for her first renewal of her South Carolina salesperson license. How many
hours of continuing education must she complete?
Give this one a try later!
10 hours every two years
,The South Carolina Real Estate Commission can issue fines as a disciplinary action for a
license law violation. How much can these fines be?
Give this one a try later!
Between $500 and $5,000 for each violation
Which of the following is generally true about net listings?
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They often involve a conflict of interest.
What happens if a house for sale is destroyed by a flood before the representation
agreement expires?
Give this one a try later!
Agency terminates by operation of law.
When are designated agents permitted to disclose confidential information to their
broker?
Give this one a try later!
, When the designated agent is seeking advice or assistance for the client's
benefit
If a brokerage firm changes its name, address, phone, or email, within how many days
must the commission be notified?
Give this one a try later!
10 days
Tito is a resident of South Carolina who's purchasing a property from the Jackson
Corporation (a non-resident). What percentage of the Jackson Corporation's gains from
the sale will be withheld?
Give this one a try later!
5%
Toby owns a single-family manufactured home in South Carolina that's occupied by a
tenant. Is this property subject to South Carolina smoke detector laws?
Give this one a try later!
