South Carolina - State Exam Practice questions and solutions

South Carolina - State Exam Practice
questions and solutions

If a brokerage firm changes its name, address, phone, or email, within how many days must the
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commission be notified?
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A. 10 daysvc vc




B. 30 daysvc vc




C. Immediately
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D. Seven days - answersA. 10 days
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The broker-in-charge must notify the real estate commission of changes to name or contact
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information within 10 days.
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Which of these would NOT be considered first substantive contact with a customer?
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A. Asking a couple why they want to move from their gorgeous home.
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B. Discussing how much savings the customer has.
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C. Engaging in small talk about the weather and the desire to buy property
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D. Finding out information about a customer's job and an upcoming raise and bonus - answersC.
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Engaging in small talk about the weather and the desire to buy property.
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First substantive contact generally means before discussing financial, confidential, or
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motivational information with a consumer.
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According to South Carolina's Residential Landlord and Tenant Act, what's the largest amount a
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landlord can require for a security deposit?
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A. $1,000 vc




B. One month's rent
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C. Six months' rent
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D. There's no limit - answersD. There's no limit
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No limit is specified for security deposits, but one month's rent is common.
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Records related to a real estate transaction in South Carolina must be kept, and available upon
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commission request, for at least ______ years
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A. Five vc




B. Seven vc




C. Three vc




D. Two - answersA. Five
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Records must be retained for at least five years and must be accessible to inspectors or the
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commission upon request.
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Charlene is a South Carolina real estate licensee who has three other licensees working under
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her supervision. What type of license does Charlene hold?
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A. Broker vc

,B. Broker-in-charge
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C. Office manager
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D. Salesperson - answersB. Broker-in-charge
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Only an individual holding a broker-in-charge license can supervise other licensees.
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If a South Carolina licensee commits a violation and it's found the broker-in-charge didn't
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adequately supervise the licensee, whose license in jeopardy?
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A. both the broker-in-charge's and licensee's
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B. The broker-in-charge's
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C. The licensee's
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D. The license of any future licensee of the firm - answersA. Both the broker-in-charge's and
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licensee's
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Failure to supervise is a common violation, often occurring when an associated licensee has
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committed a violation, putting both the licensee's and the affiliated broker-in-charge's license in
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jeopardy.
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Alfred, a South Carolina licensee, received trust funds from a client on Monday. When must he
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deliver the funds to his broker-in-charge?
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A. By end of day Monday
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B. By end of day Thursday
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C. By end of day Tuesday
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D. By end of day Wednesday - answersC. By end of day Tuesday
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Associated licensees must deliver trust funds to the broker-in-charge no later than the end of the vc vc vc vc vc vc vc vc vc vc vc vc vc vc vc




next business day.
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Which of these would be considered a lawful tenant complaint against a landlord about a health
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and safety issue?
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A. A fire hazard the tenant caused
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B. An allergy to a neighboring tenant's cooking smells
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C. An unheated breezeway in the common area
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D. A pest intrusion - answersD. A pest intrusion
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Tenants may not make a compliant against a landlord for an unsafe issue the tenant caused.
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Which one of the following is an example of how agency can be terminated by an act of the
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agent?
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A. Renunciation
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B. The agent dues
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C. The agent files bankrupty
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D. The client dies - answersA. Renunciation
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If an agent renounces the representation agreement before the expiration date, agency
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terminates by an action.
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You're a South Carolina licensee engaged as a transaction broker for a customer in a real estate
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transaction. Which of these actions can you perform for that customer?
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, A. Advocate for the customer.
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B. Negotiate an agreeable price
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C. Process paperwork
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D. Recommend terms - answersC. Process paperwork
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A transaction broker can perform ministerial duties, such as assisting with paperwork, but may
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not provide representation, advocate, or negotiate for either party.
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Victor is interested in obtaining a real estate salesperson license in South Carolina. He's
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reviewing the eligibility requirements for the license and researching schools that offer pre-
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licensing education. Which entity determines theses? vc vc vc vc vc




A. Department of Labor, Licensing, and Regulation (LLR)
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B. Division of Professional and Occupational Licensing
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C. South Carolina Association of REALTORS
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D. South Carolina Real Estate Commission - answersD. South Carolina Real Estate
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Commission
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The South Carolina Real Estate Commission (created under LLR) has the power to administer
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and enforce real estate license law, including determining qualification and eligibility standards
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for license applicants and education providers.
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Agency terminates by ______ when either the client or the agent files for bankruptcy.
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A. Act of the agent
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B. Act of the client
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C. Financial hardship
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D. Operation of law - answersD. Operation of law
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Bankruptcy terminates agency by operation of law. vc vc vc vc vc vc




A portion of Jason's South Carolina property includes a marsh often covered in saltwater. Is this
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considered a critical area?
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A. No, only areas within 1,000 feet of the coast are critical areas.
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B. No, only coastal waters, beaches, dunes, and tidelands are considered critical areas.
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C. Yes, all areas in South Carolina are considered critical
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D. Yes, this area is defined as coastal wetland and is subject to the Coastal Zone Management
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Program - answersD. Yes, this area is defined as coastal wetland and is subject to the Coastal
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Zone Management Program.
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South Carolina critical areas include coastal zones and waters, tidelands, coastal wetlands
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(which is what Jason's property is), beaches and primary ocean front sand dunes.
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Under South Carolina law, the landlord can begin the eviction process after the tenant is how
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many days late with rent?
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A. 10 daysvc vc




B. Eight days
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C. Five days
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D. Six days - answersC. Five days
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