To reduce risks inherent in reporting transaction progress to a client, the licensee should
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avoid statements of opinion and speculation in all reports.
,Broker-in-charge Dan died on August 1st and associate licensee Sally was assigned to
take over Dan's duties. What is the maximum amount to time that Sally can remain in this
position?
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Up to six (6) months
Which of the following team names would violate state statutes?
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Team Walker Realty Pros
How long must trust fund monies received in connection with a lease remain in a trust
account?
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Lease transaction trust fund monies must remain in the account until the lease
expires or is terminated.
Applicant Mary successfully completes her exam on December 15, 2017. On which of the
following dates will she be unable to apply for a license without first retaking the exam?
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12/20/2018 (one year from the date you passed the exam)
In fulfilling a listing agreement, one of the major risk areas is
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exceeding the authority of the agreement.
Unlicensed persons performing real estate activities could be found guilty of a
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misdemeanor(wrong doing) and be fined or jailed or both.
A trust account must be a
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demand deposit account located in an insured financial institution authorized
to conduct business in South Carolina.
, Which of the following statements is most accurate?
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A broker-in-charge may be liable to some degree for law violations
committed by an associated licensee.
The South Carolina Human Affairs Commission is comprised of
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a member from each congressional district and two members-at-large.
What document must contain specific mortgage loan data elements such as the credit
score of the borrower, term of the loan, and the annual percentage rate of the loan?
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Mortgage Log
Which of the following is a "substantive contact"?
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avoid statements of opinion and speculation in all reports.
,Broker-in-charge Dan died on August 1st and associate licensee Sally was assigned to
take over Dan's duties. What is the maximum amount to time that Sally can remain in this
position?
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Up to six (6) months
Which of the following team names would violate state statutes?
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Team Walker Realty Pros
How long must trust fund monies received in connection with a lease remain in a trust
account?
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Lease transaction trust fund monies must remain in the account until the lease
expires or is terminated.
Applicant Mary successfully completes her exam on December 15, 2017. On which of the
following dates will she be unable to apply for a license without first retaking the exam?
,Give this one a try later!
12/20/2018 (one year from the date you passed the exam)
In fulfilling a listing agreement, one of the major risk areas is
Give this one a try later!
exceeding the authority of the agreement.
Unlicensed persons performing real estate activities could be found guilty of a
Give this one a try later!
misdemeanor(wrong doing) and be fined or jailed or both.
A trust account must be a
Give this one a try later!
demand deposit account located in an insured financial institution authorized
to conduct business in South Carolina.
, Which of the following statements is most accurate?
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A broker-in-charge may be liable to some degree for law violations
committed by an associated licensee.
The South Carolina Human Affairs Commission is comprised of
Give this one a try later!
a member from each congressional district and two members-at-large.
What document must contain specific mortgage loan data elements such as the credit
score of the borrower, term of the loan, and the annual percentage rate of the loan?
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Mortgage Log
Which of the following is a "substantive contact"?
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