South Carolina Real Estate Salesperson Exam — All Questions

Under South Carolina law, who pays the brokerage fee:

• a.does not determine which party the firm represents✓
• b.establishes that the payer is the firm's client
• c.makes the payer a customer of the firm
• d.decides whether dual agency consent is needed

The statute states that payment or the promise of payment of compensation does not determine whether an agency relationship exists between a licensee and a seller, buyer, landlord or tenant. Representation follows the written agency agreement, not the money. Cite: S.C. Code 40-57-370(F).

Before a South Carolina associate may be issued a license, the applicant must show:

• a.five years of work history in any field
• b.residency in South Carolina for one year
• c.membership in a real estate trade association
• d.graduation from high school or an equivalency certificate✓

Eligibility requires high school graduation or a certificate of equivalency recognized by the State Department of Education, a physical address for investigative contact, proof of the required education, a criminal background check, and passing both portions of the examination. There is no residency or trade-association requirement. Cite: S.C. Code 40-57-310.

South Carolina's Vacation Rental Act defines a vacation rental as a rental of residential property for:

• a.fewer than fourteen days
• b.fewer than forty-five days
• c.fewer than ninety days✓
• d.any period, provided the tenant is a tourist

A vacation rental is a lease, sublease or other rental of residential property for fewer than ninety days, excluding weekly or monthly rentals governed by the South Carolina Residential Landlord and Tenant Act. Hotels, motels, campgrounds and timeshare accommodations are outside the Act. Cite: S.C. Code 27-50-230(3) and 27-50-220(B).

South Carolina law addresses a licensee's use of artificial intelligence by providing that:

• a.the licensee is responsible for work product produced with AI help✓
• b.AI-assisted documents must be reviewed by the Commission before use
• c.AI may not be used in any real estate transaction in the State
• d.violations committed through AI are charged to the software vendor

A section added in 2024 makes a licensee responsible for all work product produced by him or with the assistance of artificial intelligence, machine learning or similar programs, and a violation committed through those programs is treated as if the licensee committed it directly. Cite: S.C. Code 40-57-820.

When a South Carolina owner learns that a delivered disclosure statement has become materially inaccurate, the owner must:

• a.wait for the buyer to discover the change
• b.cancel the contract and relist the property
• c.notify only the listing agent, who then decides whether the buyer is told
• d.promptly correct the statement or repair the problem before closing✓

If the owner discovers a material inaccuracy, or an event makes the statement inaccurate in a material way, the owner must promptly deliver a corrected disclosure statement to the purchaser or make the reasonable repairs the event requires before closing. Cite: S.C. Code 27-50-60.