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

SC Property Management License Exam with Complete & Verified Solutions | 2024 Update PM & PMIC licenses need to renewed biennially - Answer ️️ -June 30th (end of state's fiscal year) Conversion - Answer ️️ -to use trust funds for the purpose other than the purpose of which they are held. Unlawful use of funds. Customer - Answer ️️ -a buyer, seller, landlord or tenant who uses the services of a real estate licensee but does not establish an agency relationship through a written...

South Carolina Real Estate Exam (State Portion Only) Questions and Answers 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 - Correct Answer ️️ -D) borrower The assumption fee when assuming a loan in SC may not exceed _____. A) 1% of the loan or $400, whichever is greater B) 1/2% of the loan C) $500 D) 1% of the loan or $400, whichever is less - Corr...

SC REAL ESTATE EXAM REVIEW 2024 QUESTIONS AND ANSWERS how often do realtors renew licenses - Correct Answer ️️ -every 2 years by June 30th which I the end of the fiscal year how many hours of continuing education do you need - Correct Answer ️️ -8 hrs every 2 years how long do you need to wait to reinstate your license after it is revoked - Correct Answer ️️ -1 yr can a broker in charge be over move than 1 branch office at a time - Correct Answer ️️ -yes broker in charg...

SC REAL ESTATE EXAM REVIEW 2024 QUESTIONS AND ANSWERS how often do realtors renew licenses - Correct Answer ️️ -every 2 years by June 30th which I the end of the fiscal year how many hours of continuing education do you need - Correct Answer ️️ -8 hrs every 2 years how long do you need to wait to reinstate your license after it is revoked - Correct Answer ️️ -1 yr can a broker in charge be over move than 1 branch office at a time - Correct Answer ️️ -yes broker in charg...

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...

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 license after it is revoked - -1 yr can a broker in charge be over move than 1 branch office at a time - -yes broker in charge, receives earnest money at start o acceptance/written acceptance offer, ...

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...

SC Real Estate State Exam Practice Questions and Answers How many members are on the SC Real Estate Commission - Correct Answer ️️ -d. 10 The purpose of the SC Real Estate Commission is to: - Correct Answer ️️ -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? - Correct Answer ️️ -d. The Real Estate Commission A SC real estate salesperson must be at least: - Corr...

A salesperson must ahve how many years' experience to become a broker? - Correct Answer ️️ -c. 3 years A real estate salesperson must be affiliated with - Correct Answer ️️ -c. a broker-in- charge Real estate license terms are - Correct Answer ️️ -b. 2 years which of the following is NOT a license status? - Correct Answer ️️ -a. conditional which of the following parties is exempt from obtaining a real estate license? - Correct Answer ️️ -b. an attorney representing a...

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 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 ______. - -Making a substantial and willful mis...