Sc real estate - 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 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 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 ...

Colibri Real Estate - SC Salesperson - Readiness Assessment Guide with Q & S 2024Colibri Real Estate - SC Salesperson - Readiness Assessment Guide with Q & S 2024Colibri Real Estate - SC Salesperson - Readiness Assessment Guide with Q & S 2024Colibri Real Estate - SC Salesperson - Readiness Assessment Guide with Q & S 2024

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 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...

SOUTH CAROLINA EXAM PREP REVIEW QUESTIONS AND ANSWERS, GRADED A+ In SC, real estate license law is administered by the a. SC Human Affairs Commission b. SC Real Estate Commission c. SC Association of REALTORS d. Department of Housing and Urban Development - -b. SC Real Estate Commission The SC Real Estate Commission has the authority to a. make and enforce the rules by which all real estate licenses must abide b. compose the exam questions on the state exam c. administer the exams g...

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...

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 the public. -Determine conditions for license renewal. - Conduct disciplinary hearings and decide disciplinary action. SCREC disciplinary actions - -reprimand probation, suspension, or revocation o...