SCREC ACTUAL PRACTICE FINAL EXAM 2026-2027
REAL COMPREHENSIVE QUESTIONS AND CORRECT
DETAILED ANSWERS (RATIONALES) VERIFIED 100%
ALREADY GRADED A+ Economics
The South Carolina Real Estate Commission's Education and Research
Fund is NOT used for which of the following?
a. Advancement of education and research for the benefit of licensees
b. Analysis of factors that affect real estate in the state
c. Dissemination of research results
d. Providing college scholarships
(a) providing college scholarships
Ten dollars of every renewal fee is set aside for the South Carolina Real
Estate Commission Education and Research Fund. The fund is used for
the first three answers but not to provide college scholarships.
,An associate must have how many years' experience to become a
broker?
a. 1 year
b. 2 years
a. 5 years
b. 4 years
(c) 5 years experience.
A broker applicant must have three years' experience as an associate
and must submit proof of the experience
A real estate associate must be affiliated with
a. a broker.
b. the Commission.
c. a broker-in-charge.
d. a real estate team.
(c) broker-in-charge
An associate must be affiliated with a broker-in-charge. An associate is
not required to work with a real estate team.
,Real estate license terms are
a. 1 year
b. 2 years
c. 3 years
d. 4 years
(b) 2 years
License terms are two years and expire on June 30 of the expiration
year.
, Which of the following is NOT a license status?
a. Conditional
b. Inactive
c. Suspended
d. Expired
(a) Conditional
"Conditional" is not a license status in South Carolina. Licenses may be
inactive, active, suspended, revoked, and expired.
Which of the following parties is exempt from obtaining a real estate
license?
a. A law enforcement officer
b. An attorney representing a client
c. A judge selling real estate as a vocation
d. A title company officer acting as a broker
(b) An attorney
representing a client
An attorney, representing a client, is exempt from real estate licensing
laws.
REAL COMPREHENSIVE QUESTIONS AND CORRECT
DETAILED ANSWERS (RATIONALES) VERIFIED 100%
ALREADY GRADED A+ Economics
The South Carolina Real Estate Commission's Education and Research
Fund is NOT used for which of the following?
a. Advancement of education and research for the benefit of licensees
b. Analysis of factors that affect real estate in the state
c. Dissemination of research results
d. Providing college scholarships
(a) providing college scholarships
Ten dollars of every renewal fee is set aside for the South Carolina Real
Estate Commission Education and Research Fund. The fund is used for
the first three answers but not to provide college scholarships.
,An associate must have how many years' experience to become a
broker?
a. 1 year
b. 2 years
a. 5 years
b. 4 years
(c) 5 years experience.
A broker applicant must have three years' experience as an associate
and must submit proof of the experience
A real estate associate must be affiliated with
a. a broker.
b. the Commission.
c. a broker-in-charge.
d. a real estate team.
(c) broker-in-charge
An associate must be affiliated with a broker-in-charge. An associate is
not required to work with a real estate team.
,Real estate license terms are
a. 1 year
b. 2 years
c. 3 years
d. 4 years
(b) 2 years
License terms are two years and expire on June 30 of the expiration
year.
, Which of the following is NOT a license status?
a. Conditional
b. Inactive
c. Suspended
d. Expired
(a) Conditional
"Conditional" is not a license status in South Carolina. Licenses may be
inactive, active, suspended, revoked, and expired.
Which of the following parties is exempt from obtaining a real estate
license?
a. A law enforcement officer
b. An attorney representing a client
c. A judge selling real estate as a vocation
d. A title company officer acting as a broker
(b) An attorney
representing a client
An attorney, representing a client, is exempt from real estate licensing
laws.
