South Carolina Exam Prep 2024 with complete solution

South Carolina Exam Prep 2024 with complete solution 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 - Answer ️️ -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 given at the testing sites d. enact the laws that govern real estate licenses - Answer ️️ -a. make and enforce the rules by which all real estate licenses must abide The SC Real Estate commission may investigate a licensee for all the following reasons except: a. its own initiative b. a written complaint submitted by an agent about a cooperative commission arrangement c. the director has reason to believe that a licensee is unfit to practice d. a written complaint submitted by a disgruntled customer - Answer ️️ -b. a written complaint submitted by an agent about a cooperative commission arrangement In SC, which of the following would need to be a licensed real estate broker? a. person who employs fewer than 3 agents b. licensed attorney acting under a power of attorney to convey real estate c. owner of a duplex d. partnership selling a building owned by the partners - Answer ️️ -a. a person who employs fewer than 3 agents A real estate license is required for all the following activities EXCEPT: a. managing real estate b. reselling a personal mobile home c. selling real estate d. collecting rent for the use of real estate - Answer ️️ -b. reselling a personal mobile home If engaged in real estate activities, which of the following persons are exempt from the real estate licensing program? a. attorneys at law if within scope of duties for a client b. appraisers c. resident apartment managers d. land auctioneers - Answer ️️ -a. attorneys at law, if within scope of duties for a client The office manager for a local real estate firm is responsible for the following activities: coordinating the flow of paperwork through the office, preparing forms and advertising copy, and hiring and supervising clerical personnel. The office manager is: a. violating the license law b. required to have a brokers license c. required to have a salesperson license d. exempt from real estate licensing requirements - Answer ️️ -d. exempt from real estate licensing requirements In SC, application for any real estate licens