Sc real estate Study guides, Class notes & Summaries

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...

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 - State Portion Exam Practice Questions and Answers Associated Licensee - Correct Answer ️️ -Licensee who is affiliated with a BIC Broker - Correct Answer ️️ -For a fee, salary, commission Negotiates, Auctioins, Solicits a referral, Offers advisory services, Offers to act as an agent, Advertises Broker-in-Charge - Correct Answer ️️ -Has responsibility over actions of all associated licensees and real estate trust accounts Client - Correct Answer ️️ -Person ...

1 acre 43560 1 cubic yard 27 cubic feet 1 mile 5,280 ft 1 sq yard 9 sq feet 1 yard 3 ft 3 approaches to value sales comparison income cost approach 3 identical homes in one area were listed at the same time where a market is on constant demand. what house would have sold for the lowest price the first sol

SC Real Estate Review 2024 Questions and Answers 100% Pass The ___ establishes an agency relationship between the prop owner as principal and the brokerage as agent - Correct Answer ️️ -listing agreement the LA does which of the following - Correct Answer ️️ -creates an agency relationship between the listing brokerage and the property owner a brokerage agreement whereby the property owner hires 1+ brokerages, agrees to compensate only 1 brokerage who produces a buyer, and reserve...