60 hour CE Shop SC
Transfer fees can be assessed on real property sales at a rate of Correct
answers
per $500$1.85
of the sales price and are typically paid by
the seller.
All advertisements must include Correct answers the full name of the
licensee's
estate brokerage
real firm. If a licensee is part of a team, the team name
needs to as
included be
well.
The broker-in-charge must notify the real estate commission of changes
to nameinformation
contact or within days Correct answers 10
days
Unlicensed assistants may perform administrative tasks only, and may
only
estatewrite
ads real Correct answers with their broker-in-charge's
approval.
The South Carolina Real Estate Commission does ? Correct answers
complaints, investigates them, holds hearings, and issues
receives
disciplinary action.
A broker-in-charge has supervisory responsibility over the actions of Correct
answers all licensees, which includes salespersons, brokers, and
associated
employee
unlicensed
s.
(vicariously
liable)
In a designated agency relationship, certain parties are considered dual
agents. answers
Correct 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? Correct answers
There's no limit
fair housing complaints must be submitted to the commission in writing
withinofhow
days the many
discriminatory act? Correct
answers 180
Complaints filed with Housing and Urban Development (HUD) must be
made
Correctwithin
answers 1
year
If the non-resident seller is a corporation, % must be withheld Correct
answers 5%
If the seller is a non-resident individual, partnership, trust, or estate, % of
the non- seller's recognized gain must be withheld Correct
resident
answers 7
A South Carolina agency agreement can be viewed as a(n) .
Correct
answers Employment contract between a client and
brokerage
, Is there an agency relationship in transaction brokerage? Correct
answers no, non-
representati
ve
How long does a licensee who's been revoked have to wait to get a new
license ?answers 3
Correct
years
South Carolina law requires smoke detectors be installed in all family
dwellings,
residential including manufactured homes, regardless of whether the
property
or is owner- Correct answers one-
tenant-occupied.
and two-
Buyers in a transaction are owed duties from the seller's agent. Which
of these
duties they
arecan expect? Correct answers Honesty and actions performed
within scope
of
expertise
First substantive contact generally means before discussing Correct
answers financial,
confidential, or motivational information with a
consumer.
The Ocean & Coastal Resource Management (OCRM) regulates Correct
answers
critical areas in the state through the Coastal Zone Management
Program.
The landlord may place an evicted tenant's personal possessions by a
public street
highway, andorhave them removed by the trash haulers on their
scheduled
remove run,for
them ordisposal Correct answers 48 hours post-
eviction
Consumers must report possible violations to the South Carolina
Human Affairsin writing, within of the discriminatory action. Correct
Commission,
answers 180
day
s
Homestead exemption applicants must have been a South Carolina resident
for atprior
leastto applying for exemption, among other criteria. Correct answers
one
or year on
before December 31 of the
year
Records related to a real estate transaction must be kept, and
available upon
commission request, for at least Correct answers five
years
Listing agents must but must disclose material facts to Correct
answers
maintain seller confidentiality , all
parties
Of the South Carolina Real Estate Commission members are active real
estate
professionals. are elected by state house and senate members, and
is
elected by other commission members.
The parties to the listing agreement are Correct
Correct answers the listing
answers 8, 7, 1
seller
broker and the
.
Transfer fees can be assessed on real property sales at a rate of Correct
answers
per $500$1.85
of the sales price and are typically paid by
the seller.
All advertisements must include Correct answers the full name of the
licensee's
estate brokerage
real firm. If a licensee is part of a team, the team name
needs to as
included be
well.
The broker-in-charge must notify the real estate commission of changes
to nameinformation
contact or within days Correct answers 10
days
Unlicensed assistants may perform administrative tasks only, and may
only
estatewrite
ads real Correct answers with their broker-in-charge's
approval.
The South Carolina Real Estate Commission does ? Correct answers
complaints, investigates them, holds hearings, and issues
receives
disciplinary action.
A broker-in-charge has supervisory responsibility over the actions of Correct
answers all licensees, which includes salespersons, brokers, and
associated
employee
unlicensed
s.
(vicariously
liable)
In a designated agency relationship, certain parties are considered dual
agents. answers
Correct 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? Correct answers
There's no limit
fair housing complaints must be submitted to the commission in writing
withinofhow
days the many
discriminatory act? Correct
answers 180
Complaints filed with Housing and Urban Development (HUD) must be
made
Correctwithin
answers 1
year
If the non-resident seller is a corporation, % must be withheld Correct
answers 5%
If the seller is a non-resident individual, partnership, trust, or estate, % of
the non- seller's recognized gain must be withheld Correct
resident
answers 7
A South Carolina agency agreement can be viewed as a(n) .
Correct
answers Employment contract between a client and
brokerage
, Is there an agency relationship in transaction brokerage? Correct
answers no, non-
representati
ve
How long does a licensee who's been revoked have to wait to get a new
license ?answers 3
Correct
years
South Carolina law requires smoke detectors be installed in all family
dwellings,
residential including manufactured homes, regardless of whether the
property
or is owner- Correct answers one-
tenant-occupied.
and two-
Buyers in a transaction are owed duties from the seller's agent. Which
of these
duties they
arecan expect? Correct answers Honesty and actions performed
within scope
of
expertise
First substantive contact generally means before discussing Correct
answers financial,
confidential, or motivational information with a
consumer.
The Ocean & Coastal Resource Management (OCRM) regulates Correct
answers
critical areas in the state through the Coastal Zone Management
Program.
The landlord may place an evicted tenant's personal possessions by a
public street
highway, andorhave them removed by the trash haulers on their
scheduled
remove run,for
them ordisposal Correct answers 48 hours post-
eviction
Consumers must report possible violations to the South Carolina
Human Affairsin writing, within of the discriminatory action. Correct
Commission,
answers 180
day
s
Homestead exemption applicants must have been a South Carolina resident
for atprior
leastto applying for exemption, among other criteria. Correct answers
one
or year on
before December 31 of the
year
Records related to a real estate transaction must be kept, and
available upon
commission request, for at least Correct answers five
years
Listing agents must but must disclose material facts to Correct
answers
maintain seller confidentiality , all
parties
Of the South Carolina Real Estate Commission members are active real
estate
professionals. are elected by state house and senate members, and
is
elected by other commission members.
The parties to the listing agreement are Correct
Correct answers the listing
answers 8, 7, 1
seller
broker and the
.
