SOUTH CAROLINA REAL ESTATE EXAMS BUNDLE

SC REAL ESTATE REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ The ___ establishes an agency relationship between the prop owner as principal and the brokerage as agent - -listing agreement the LA does which of the following - -creates an agency relationship between the listing brokerage a...

SC REAL ESTATE LICENSING EXAM REVIEW QUESTIONS AND ANSWERS. GRADED A+ In which of the following cases would a person probably be required to have a real estate license? - -Bruce gets hired to find an office suite for a friend who is relocating her business. A license applicant signs up to take ...

SC REAL ESTATE - CHAPTER 1 REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ Real Estate - -Air, water, land, and everything affixed to the land. May be owned privately by individuals and private entities, or publicly by government entities. Land - -- Surface area of the earth - Everything b...

SC REAL ESTATE PSI EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ Agent AKA Proxy - -One engaged to respresent and be under the control of a principal Principal AKA Client - -One who contracts with another for represenation, advise and cousel in legal or business dealings with third p...

SC REAL ESTATE EXAM PRACTICE COMPLETE REVIEW QUESTIONS AND ANSWERS, GRADED A+ Darryl owns a property in a critical coastal area in South Carolina. What obligation does he have? - - Darryl must disclose that the property lies in a critical area and is subject to limitations. South Carolina licen...

SC REAL ESTATE- STATE PORTION STUDY GUIDE QUESTIONS AND ANSWERS, GRADED A+ SC Real Estate Commission - -Consists of 10 elected and/or appointed members SC Real estate commission power and duties - --Determine standards for education and education providers. -Recommend legislation to protect th...

SC REAL ESTATE - STATE PORTION PREP REVIEW QUESTIONS AND ANSWERS, GRADED A+. VERIFIED. In South Carolina, the law has set and assessment rate if: What is the rate for residential owner occupied property? - -4% A Person Who is over 65 years of Age may get a break on his/her Ad Valorem Tax. What...

SOUTH CAROLINA REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ Mindy, a South Carolina resident, is buying a new home. She'll occupy the home as her primary residence. It has a fair market value of $220,000 and is in an area with a millage rate of .350. What can she expec...

SOUTH CAROLINA REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ When a loan is subject to the provisions of the Real Estate Settlement Procedures Act (RESPA), Which of the following elements of the Real estate transaction need NOT observe RESPA guidelines - -The Commission structure f...

SOUTH CAROLINA REAL ESTATE EXAM (STATE PORTION ONLY) QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ The creditor should ascertain the preference of the _____ as to legal counsel relating to closing the loan and insurance agent. A) lender B) seller C) real estate agent D) borrower - -D) borrowe...

SC REAL ESTATE - STATE PORTION EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ Associated Licensee - -Licensee who is affiliated with a BIC Broker - -For a fee, salary, commission Negotiates, Auctioins, Solicits a referral, Offers advisory services, Offers to act as an agent, Advertises Broker-i...

SC REAL ESTATE STATE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. How many members are on the SC Real Estate Commission - -d. 10 The purpose of the SC Real Estate Commission is to: - -a. regulate the real estate industry in order to protect the public's interest in real estate tran...

SC REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ how often do realtors renew licenses - -every 2 years by June 30th which I the end of the fiscal year how many hours of continuing education do you need - -8 hrs every 2 years how long do you need to wait to reinstate your l...

SOUTH CAROLINA REAL ESTATE EXAM PRACTICE QUESTIONS & ANSWERS, GRADED A+ The amount per $1,000 used to calculate taxes on property is the - -milliage rate The common name of the hazardous-waste cleanup fund established by the Comprehensive Environmental Response, Compensation and Liability Act (...