South Carolina Real Estate Exam
Questions With All Correct Answers
<Verified Answers> 2025 Marking
Scheme New Update 100% PASS
Mindy, a South Carolina resident, is buying a new home. She'll occupy the home
as her primary residence. It has a fair market value of $220,000 and is in an area
with a millage rate of .350. What can she expect to pay in property taxes? -
CORRECT ANSWER-$3,080
**Fair market value is multiplied by the assessment ratio to calculate the property's
assessed value. For primary residences, this ratio is 4%. This is then multiplied by
the millage rate to determine property taxes due.
Brent wants to work with a real estate broker as a buyer client. How can he do
this?
-Sign a buyer representation agreement.
-Sign a Disclosure of Real Estate Brokerage Relationships.
-Sign a listing agreement.
,-Sign a transaction brokerage agreement. - CORRECT ANSWER-Sign a buyer
representation agreement.
**To become a buyer client, Brent must sign the appropriate agency agreement
with the broker. Only the buyer representation agreement establishes an agent-
buyer client relationship.
In addition to providing proof of character, an applicant seeking a new South
Carolina real estate license after their original was revoked must provide what other
proof?
Education and examination
Education and income
Examination and income
Experience and education - CORRECT ANSWER-Education and examination
South Carolina broker Craig Jenkins is selling his own home. He discloses this fact
in his marketing materials for the house, and at his first substantive contact with
interested buyers. Should Craig disclose this fact anywhere else?
-No. Craig has fulfilled his duties of disclosure.
-Yes. He must complete a Licensee-Seller Disclosure form, and have any
prospective buyers sign it before submitting an offer.
-Yes. He must complete the Licensee-Seller Disclosure form (and have the seller
sign it) and disclose it on page one of any purchase offers he receives.
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law
, -Yes. He must disclose this on page one of any purchase offers he receives. -
CORRECT ANSWER-Yes. He must disclose this on page one of any purchase
offers he receives.
**This disclosure must be written in bold, underlined, capital letters on the first
page of all real estate purchase contracts Craig uses in personal transactions.
Carlos wants a real estate broker to help him sell his lake house. He expects top-
notch, full services. How can he get this?
-Sign a buyer representation agreement.
-Sign a Disclosure of Real Estate Brokerage Relationships.
-Sign a listing agreement.
-Sign a transaction brokerage agreement. - CORRECT ANSWER-Sign a listing
agreement.
**To become a seller client, Carlos must sign the appropriate agency agreement
with the broker. Only a listing agreement establishes an agent-seller client
relationship.
Raquel's license was revoked by the South Carolina Real Estate Commission three
years ago. She'd like to apply for a new license. What does she need to do?
-Anyone who had a real estate license revoked can never apply for a new license.
Questions With All Correct Answers
<Verified Answers> 2025 Marking
Scheme New Update 100% PASS
Mindy, a South Carolina resident, is buying a new home. She'll occupy the home
as her primary residence. It has a fair market value of $220,000 and is in an area
with a millage rate of .350. What can she expect to pay in property taxes? -
CORRECT ANSWER-$3,080
**Fair market value is multiplied by the assessment ratio to calculate the property's
assessed value. For primary residences, this ratio is 4%. This is then multiplied by
the millage rate to determine property taxes due.
Brent wants to work with a real estate broker as a buyer client. How can he do
this?
-Sign a buyer representation agreement.
-Sign a Disclosure of Real Estate Brokerage Relationships.
-Sign a listing agreement.
,-Sign a transaction brokerage agreement. - CORRECT ANSWER-Sign a buyer
representation agreement.
**To become a buyer client, Brent must sign the appropriate agency agreement
with the broker. Only the buyer representation agreement establishes an agent-
buyer client relationship.
In addition to providing proof of character, an applicant seeking a new South
Carolina real estate license after their original was revoked must provide what other
proof?
Education and examination
Education and income
Examination and income
Experience and education - CORRECT ANSWER-Education and examination
South Carolina broker Craig Jenkins is selling his own home. He discloses this fact
in his marketing materials for the house, and at his first substantive contact with
interested buyers. Should Craig disclose this fact anywhere else?
-No. Craig has fulfilled his duties of disclosure.
-Yes. He must complete a Licensee-Seller Disclosure form, and have any
prospective buyers sign it before submitting an offer.
-Yes. He must complete the Licensee-Seller Disclosure form (and have the seller
sign it) and disclose it on page one of any purchase offers he receives.
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law
, -Yes. He must disclose this on page one of any purchase offers he receives. -
CORRECT ANSWER-Yes. He must disclose this on page one of any purchase
offers he receives.
**This disclosure must be written in bold, underlined, capital letters on the first
page of all real estate purchase contracts Craig uses in personal transactions.
Carlos wants a real estate broker to help him sell his lake house. He expects top-
notch, full services. How can he get this?
-Sign a buyer representation agreement.
-Sign a Disclosure of Real Estate Brokerage Relationships.
-Sign a listing agreement.
-Sign a transaction brokerage agreement. - CORRECT ANSWER-Sign a listing
agreement.
**To become a seller client, Carlos must sign the appropriate agency agreement
with the broker. Only a listing agreement establishes an agent-seller client
relationship.
Raquel's license was revoked by the South Carolina Real Estate Commission three
years ago. She'd like to apply for a new license. What does she need to do?
-Anyone who had a real estate license revoked can never apply for a new license.
