Study Guide – Complete Questions with
Correct Detailed Answers | 100% Guaranteed
Pass | Brand New Version
Prepare with confidence using this brand new and fully updated exam study guide designed
to help students achieve excellent results. This document contains complete exam questions
with correct and detailed answers, carefully organized to help you understand key concepts
and strengthen your exam preparation.
Unlike ordinary study notes, this resource focuses on exam-focused questions and accurate
answers that help you review the most important topics quickly and effectively. Each answer
includes clear explanations to help you understand the reasoning behind the correct response
and reinforce your knowledge.
What This Study Guide Includes
✔ Complete exam questions covering essential topics
✔ Correct answers with detailed explanations
✔ Clear and well-structured format for easy revision
✔ Coverage of commonly tested concepts
✔ Updated and brand new version for effective exam preparation
Why This Study Guide Is Helpful
This guide is designed to help students review faster, understand concepts better, and
improve their exam confidence. Practicing with structured questions and reviewing detailed
answers helps strengthen your understanding and prepares you for the types of questions
commonly seen in exams.
Perfect For
• Final exam preparation
• Midterm reviews
• Self-study and revision
• Strengthening weak subject areas
• Improving academic performance
,Whether you are reviewing weeks before the exam or doing last-minute revision, this guide
provides the structured practice and clear explanations needed to succeed.
A powerful study resource designed to support exam success and boost confidence.
how often do realtors renew licenses ------- ✔ CORRECT ANSWER ✓✓every 2 years by June 30th
which I the end of the fiscal year
how many hours of continuing education do you need ------- ✔ CORRECT ANSWER ✓✓8 hrs
every 2 years
how long do you need to wait to reinstate your license after it is revoked ------- ✔ CORRECT
ANSWER ✓✓1 yr
can a broker in charge be over move than 1 branch office at a time ------- ✔ CORRECT ANSWER
✓✓yes
broker in charge, receives earnest money at start o acceptance/written acceptance offer, how
long does he have to deposit it ------- ✔ CORRECT ANSWER ✓✓48 hours, excluding bank holidays
and weekends
coastal zone management-erosion of two things that affect the set back lines ------- ✔ CORRECT
ANSWER ✓✓sand dunes and beach front
landlord tenant act-what essential service does he provide access to ------- ✔ CORRECT
ANSWER ✓✓heat--hot/cold water--electricity
,latent material defects what do not count are not included ------- ✔ CORRECT ANSWER
✓✓stigma defects
psychological
death or manor of death
virus not transmitted through house
offsite hazards
sex offender
broker in charge has a duty to notify the real estate commission when a sales person moves ----
--- ✔ CORRECT ANSWER ✓✓yes
when is it legal to represent both buyer/seller ------- ✔ CORRECT ANSWER ✓✓dual agency form
is signed by both clients
who doesn't have to have a real estate license ------- ✔ CORRECT ANSWER ✓✓owner
attorney
trustees/receivers
forrester
government employee
can you do property management with a real estate license ------- ✔ CORRECT ANSWER ✓✓yes
when you receive a deposit, where do you deposit to ------- ✔ CORRECT ANSWER ✓✓trust
account
4 main disciplinary actions that the RE Comm can take against realtor ------- ✔ CORRECT
ANSWER ✓✓revocation
, fine up to 1000 per violation
suspension
public reprimand
dispute of earnest money, what does BIC do? ------- ✔ CORRECT ANSWER ✓✓hold money until
dispute is resolved by written agreement or court order
what kind of damages does earnest money cover ------- ✔ CORRECT ANSWER ✓✓liquidated
damages
if a licensee wants to transfer companies by mail ------- ✔ CORRECT ANSWER ✓✓transfer form
sign it and new BIC. Send in old license, thy will send new license///////can be done online
in sc, net/price listing illegal ------- ✔ CORRECT ANSWER ✓✓yes
potential grounds for disciplinary action ------- ✔ CORRECT ANSWER ✓✓fraud
forgery
comingling----
steering
blockbusting
redlining
what is the max against someone selling real estate without a license ------- ✔ CORRECT
ANSWER ✓✓up to 500 and or up to 6 months in jail
under homestead act, 3 groups that qualify for discount? ------- ✔ CORRECT ANSWER ✓✓62 age
elderly