SC PROPERTY MANAGEMENT LICENSE
EXAM WITH COMPLETE & VERIFIED
SOLUTIONS | 2026 UPDATE
The duties and powers of the SC Real Estate Commission include
all of the following EXCEPT:
a. promulgating regulations to protect the public
b. conducting disciplinary hearings
c. determining the standards for licensure
d. conducting investigations of a real estate office based on an
irate phone call Correct Answer D. conducting investigations of a
real estate office based on an irate phone call
The SC Real Estate Commission has the authority to
a. make and enforce the rules by which all licensees must abide
b. compose the examination questions on the state exam
c. administer the exams given at the testing sites
d. enact the laws that govern real estate licensees Correct
Answer A. make and enforce the rules by which all licensees must
abide
,A licensee is convicted on May 1st of possession and distribution
of a controlled substance. Both the crime and the conviction took
place out of state. On June 15, the broker calls the SC Real
Estate Commission and leaves a message informing them of the
conviction. Based on these facts, which of the following is TRUE?
a. The licensee has properly informed the SC Real Estate
Commission within 60 days after the conviction, and the
licensee's license may be renewed.
b. Both the conviction and the licensee's failure to notify the SC
Real Estate Commission within 10 days violate the Commission
regulations.
c. Because the conviction did not occur in state, it is not evidence
of unworthy conduct.
d. The conviction is evidence of both improper dealing and fraud
Correct Answer B. Both the conviction and the licensee's failure to
notify the SC Real Estate Commission within 10 days violate the
Commission regulations.
An agent's license renewal fee has been returned for insufficient
funds. The SC Real Estate Commission
,a. may take disciplinary action against the licensee
b. must allow the licensee a grace period of 30 days to pay the
fee
c. may require the PMIC to pay the renewal fee
d. must cancel the license immediately Correct Answer A. may
take disciplinary action against the licensee
In SC, all of the following would be grounds for revoking a
licensee's license EXCEPT
a. being convicted of forgery in SC
b. guaranteeing future profit from the resale of property
c. depositing escrow money into his or her personal checking
account
d. agreeing with a owner to accept more than the normal
commission rate Correct Answer D. agreeing with an owner to
accept more than the normal commission rate
A licensee may have a license revoked by the SC Real Estate
Commission if the licensee
a. has been arrested for drugs
b. fails to mention a murder on a property to a potential buyer
c. pays a clerk to type up contracts
, d. fails to inform the tenant that the security deposit will be held by
the owner of the property, not the management company Correct
Answer D. fails to inform the tenant that the security deposit will
be held by the owner of the property, not the management
company
The SC Fair Housing Law provides protection from discrimination
for all of the following classes EXCEPT:
a. sex
b. religion
c. national origin
d. age Correct Answer D. age
A housing discrimination charge must be filed with the SC Human
Affairs Commission within
a. 6 months
b. 1 year
c. 2 years
d. 30 days Correct Answer A. 6 months
Which of the following activities does NOT require a real estate or
property management license in SC?
EXAM WITH COMPLETE & VERIFIED
SOLUTIONS | 2026 UPDATE
The duties and powers of the SC Real Estate Commission include
all of the following EXCEPT:
a. promulgating regulations to protect the public
b. conducting disciplinary hearings
c. determining the standards for licensure
d. conducting investigations of a real estate office based on an
irate phone call Correct Answer D. conducting investigations of a
real estate office based on an irate phone call
The SC Real Estate Commission has the authority to
a. make and enforce the rules by which all licensees must abide
b. compose the examination questions on the state exam
c. administer the exams given at the testing sites
d. enact the laws that govern real estate licensees Correct
Answer A. make and enforce the rules by which all licensees must
abide
,A licensee is convicted on May 1st of possession and distribution
of a controlled substance. Both the crime and the conviction took
place out of state. On June 15, the broker calls the SC Real
Estate Commission and leaves a message informing them of the
conviction. Based on these facts, which of the following is TRUE?
a. The licensee has properly informed the SC Real Estate
Commission within 60 days after the conviction, and the
licensee's license may be renewed.
b. Both the conviction and the licensee's failure to notify the SC
Real Estate Commission within 10 days violate the Commission
regulations.
c. Because the conviction did not occur in state, it is not evidence
of unworthy conduct.
d. The conviction is evidence of both improper dealing and fraud
Correct Answer B. Both the conviction and the licensee's failure to
notify the SC Real Estate Commission within 10 days violate the
Commission regulations.
An agent's license renewal fee has been returned for insufficient
funds. The SC Real Estate Commission
,a. may take disciplinary action against the licensee
b. must allow the licensee a grace period of 30 days to pay the
fee
c. may require the PMIC to pay the renewal fee
d. must cancel the license immediately Correct Answer A. may
take disciplinary action against the licensee
In SC, all of the following would be grounds for revoking a
licensee's license EXCEPT
a. being convicted of forgery in SC
b. guaranteeing future profit from the resale of property
c. depositing escrow money into his or her personal checking
account
d. agreeing with a owner to accept more than the normal
commission rate Correct Answer D. agreeing with an owner to
accept more than the normal commission rate
A licensee may have a license revoked by the SC Real Estate
Commission if the licensee
a. has been arrested for drugs
b. fails to mention a murder on a property to a potential buyer
c. pays a clerk to type up contracts
, d. fails to inform the tenant that the security deposit will be held by
the owner of the property, not the management company Correct
Answer D. fails to inform the tenant that the security deposit will
be held by the owner of the property, not the management
company
The SC Fair Housing Law provides protection from discrimination
for all of the following classes EXCEPT:
a. sex
b. religion
c. national origin
d. age Correct Answer D. age
A housing discrimination charge must be filed with the SC Human
Affairs Commission within
a. 6 months
b. 1 year
c. 2 years
d. 30 days Correct Answer A. 6 months
Which of the following activities does NOT require a real estate or
property management license in SC?
