SOUTH CAROLINA REAL ESTATE EXAM QUESTIONS
& CORRECT ANSWERS LATEST 2026
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? -
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. - 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Carolina real estate license after their original was revoked must provide what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 - 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.
-Yes. He must disclose this on page one of any purchase offers he receives. -
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. - 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.
-Nothing, after the revocation period has ended her license will be automatically
reinstated, assuming she's kept up with renewal requirements over the last three
years.
-She must provide proof that she's reliable, has a good reputation for honest and
fair conduct, has completed all education requirements within the last five years,
and has passed all required exams.
-She needs to submit a reinstatement application and include a sworn statement
from her broker-in-charge detailing the supervision activities that will be provided
to ensure lawful practice of real estate. - ANSWER-She must provide proof that
she's reliable, has a good reputation for honest and fair conduct, has completed all
education requirements within the last five years, and has passed all required
exams.
When must the Real Estate Offer Rejection Form be used in South Carolina? -
ANSWER-When a seller rejects an offer without countering it
A South Carolina agency agreement can be viewed as a(n) ___________.
-Disclosure of agency relationships
-Employment contract between a client and brokerage
-Employment contract between a customer and brokerage
-Employment contract between a licensee and brokerage - ANSWER-Employment
contract between a client and brokerage
**By signing an agency agreement, clients are essentially hiring the brokerage to
work for them.
South Carolina licensee Victor has obtained his seller client's signature on an offer
he just received. Victor faxes a copy of this agreement to the buyer's agent. Under
South Carolina law, is this an appropriate way to communicate an accepted offer?
& CORRECT ANSWERS LATEST 2026
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? -
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. - 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 - 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.
-Yes. He must disclose this on page one of any purchase offers he receives. -
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. - 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.
-Nothing, after the revocation period has ended her license will be automatically
reinstated, assuming she's kept up with renewal requirements over the last three
years.
-She must provide proof that she's reliable, has a good reputation for honest and
fair conduct, has completed all education requirements within the last five years,
and has passed all required exams.
-She needs to submit a reinstatement application and include a sworn statement
from her broker-in-charge detailing the supervision activities that will be provided
to ensure lawful practice of real estate. - ANSWER-She must provide proof that
she's reliable, has a good reputation for honest and fair conduct, has completed all
education requirements within the last five years, and has passed all required
exams.
When must the Real Estate Offer Rejection Form be used in South Carolina? -
ANSWER-When a seller rejects an offer without countering it
A South Carolina agency agreement can be viewed as a(n) ___________.
-Disclosure of agency relationships
-Employment contract between a client and brokerage
-Employment contract between a customer and brokerage
-Employment contract between a licensee and brokerage - ANSWER-Employment
contract between a client and brokerage
**By signing an agency agreement, clients are essentially hiring the brokerage to
work for them.
South Carolina licensee Victor has obtained his seller client's signature on an offer
he just received. Victor faxes a copy of this agreement to the buyer's agent. Under
South Carolina law, is this an appropriate way to communicate an accepted offer?
