Jamie wants to establish an agency relationship with a South Carolina broker. How can
this be done?
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Through a written agreement
,Which of the following actions extends beyond the scope of duties of the South Carolina
Real Estate Commission?
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Deciding commission payments or divisions when disputes between licensees
arise.
Kennedy is purchasing a property in South Carolina from a non-resident corporation.
What percentage of the seller's gain must be withheld?
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5%
Which of these transaction types requires disclosure under the South Carolina
Residential Property Disclosure Act?
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A lease with an option to purchase
Creekview Realty is expanding! Jamie, the broker-in-charge, outgrew the small office of
her firm's beginnings and has moved to a larger space to better accommodate the firm's
,15 associated licensees and employees. Within how many days does Jamie need to notify
the commission of the new address?
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10 days
Jim would like to sell his own home. What is the minimum South Carolina real estate
license he must possess?
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None
Bob was a real estate professional whose South Carolina license was revoked. He's met
all the requirements to apply for a new license. At least how much time has passed?
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Three years
You're a South Carolina real estate licensee. Mitch, your seller client, has asked you
about the tax ramifications of selling his townhome. You've handled your own taxes for
years and are fairly familiar with the state tax code. What's your best response?
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, "That's not my area of expertise. You should ask your tax advisor."
Dolcita is an unlicensed assistant for the Ace Team at Acme Realty in South Carolina.
Which of the following best describes how Dolcita can be compensated for her work?
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Hourly, salaried, or per activity
Which of the following is true about a South Carolina broker-in-charge's license, if an
affiliated licensee commits a violation?
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It's in jeopardy if it can be shown the broker-in-charge failed to supervise the
licensee.
Which of the following South Carolina license holders has completed the necessary
continuing education requirements for license renewal?
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A salesperson completed 10 hours of continuing education, with four of those
hours on mandated topics.
this be done?
Give this one a try later!
Through a written agreement
,Which of the following actions extends beyond the scope of duties of the South Carolina
Real Estate Commission?
Give this one a try later!
Deciding commission payments or divisions when disputes between licensees
arise.
Kennedy is purchasing a property in South Carolina from a non-resident corporation.
What percentage of the seller's gain must be withheld?
Give this one a try later!
5%
Which of these transaction types requires disclosure under the South Carolina
Residential Property Disclosure Act?
Give this one a try later!
A lease with an option to purchase
Creekview Realty is expanding! Jamie, the broker-in-charge, outgrew the small office of
her firm's beginnings and has moved to a larger space to better accommodate the firm's
,15 associated licensees and employees. Within how many days does Jamie need to notify
the commission of the new address?
Give this one a try later!
10 days
Jim would like to sell his own home. What is the minimum South Carolina real estate
license he must possess?
Give this one a try later!
None
Bob was a real estate professional whose South Carolina license was revoked. He's met
all the requirements to apply for a new license. At least how much time has passed?
Give this one a try later!
Three years
You're a South Carolina real estate licensee. Mitch, your seller client, has asked you
about the tax ramifications of selling his townhome. You've handled your own taxes for
years and are fairly familiar with the state tax code. What's your best response?
Give this one a try later!
, "That's not my area of expertise. You should ask your tax advisor."
Dolcita is an unlicensed assistant for the Ace Team at Acme Realty in South Carolina.
Which of the following best describes how Dolcita can be compensated for her work?
Give this one a try later!
Hourly, salaried, or per activity
Which of the following is true about a South Carolina broker-in-charge's license, if an
affiliated licensee commits a violation?
Give this one a try later!
It's in jeopardy if it can be shown the broker-in-charge failed to supervise the
licensee.
Which of the following South Carolina license holders has completed the necessary
continuing education requirements for license renewal?
Give this one a try later!
A salesperson completed 10 hours of continuing education, with four of those
hours on mandated topics.
