South Carolina Real Estate Broker Exam — All Questions
3 questions
The South Carolina Fair Housing Law (Title 31, Chapter 21) primarily:
- a.Prohibits discrimination in housing based on protected classes recognized under the law✓
- b.Sets maximum commission rates
- c.Governs property tax exemptions
- d.Requires all closings to use an attorney's escrow
The South Carolina Fair Housing Law prohibits discrimination in the sale, rental, and financing of housing based on protected classes, paralleling the federal Fair Housing Act. Licensees must comply in advertising, showing, and negotiating, and may not steer based on protected class. It does not set commissions or tax rules.
A South Carolina broker supervising licensees must ensure the firm's advertising:
- a.Targets buyers by protected class to speed sales
- b.Leaves out the brokerage identification
- c.Is truthful, identifies the brokerage as required, and does not discriminate based on protected class✓
- d.Promises guaranteed appreciation
A supervising broker must ensure firm advertising complies with fair-housing law and the license law: it must be truthful, identify the brokerage as required, and avoid steering or discrimination based on protected class. Discriminatory or misleading advertising exposes the broker to discipline.
Steering, which is prohibited under fair-housing law in South Carolina, refers to:
- a.Advising a client on mortgage rates
- b.Directing prospective buyers toward or away from neighborhoods based on a protected class✓
- c.Recommending a licensed home inspector
- d.Preparing a comparative market analysis
Steering is guiding prospective buyers toward or away from particular neighborhoods based on a protected class, such as race or familial status, and it is prohibited under fair-housing law. Legitimate services such as discussing financing, recommending inspectors, or preparing a market analysis are not steering. A broker must train and supervise licensees to avoid it.