Sc state real estate - Study guides, Class notes & Summaries

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 parties. Third Party AKA customer - -The person(s) the agent is trying to do busines with while representing the client Common Law - -Created by judges Statues - -written State or Federal laws Ty...

sc real estate exam practice questions and answers 100% pass Darryl owns a property in a critical coastal area in South Carolina. What obligation does he have? - Correct Answer ️️ -Darryl must disclose that the property lies in a critical area and is subject to limitations. South Carolina licensee Joseph tells his client that a property is zoned as residential, even though he knows it's zoned as commercial. This violation is an example of ______. - Correct Answer ️️ -Making a sub...

All of the Following are required qualifications for licensure EXCEPT - Answer must submit application for licensure within six months of passing the state exam All of the following are exempt from mandatory continuing education EXCEPT: - Answer 1-( Broker-in-charge if they require mandatory office training ) 2-Salesman who successfully completes a post-licensing course 3-Instructors of approved courses if they request in writing continuing education credit for the time spent teaching or d...

Superior Real Estate Highlighted Points in Class Exam Questions And Answers Alienation means what referring to a title -Answer-Transfer or means -Answer-Gives ee means -Answer-Receives SC ______ theory state -Answer-Lien Mortgagor. ....... Buyer Mortgagee.........Bank Petition the court to foreclose NC _________ theory state -Answer-Title Deed of trust is the mortgage Trustee...... law firm Trustor.......Buyer Beneficiary. ..... Bank Foreclosure go through probate NC OTPC -Answer-...

SC Real Estate State Exam Questions and Answers Already Passed 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 transactions Who conducts real estate licensee disciplinary hearings? d. The Real Estate Commission A SC real estate salesperson must be at least: a. 18 years old A SC real estate broker must be at least: b. 21 years old To o...

SC REAL ESTATE LICENSING EXAM QUESTIONS AND ANSWERS In which of the following cases would a person probably be required to have a real estate license? - Correct Answer ️️ -Bruce gets hired to find an office suite for a friend who is relocating her business. A license applicant signs up to take the state examination, but has failed to obtain an employer prior to the exam date. In this case, the applicant - Correct Answer ️️ -may take the exam and receive an inactive license. A brok...