South Carolina Department of Real Estate - Salesperson EXAM GUIDE Q & S 2026/2027

South Carolina Department of Real Estate - Salesperson EXAM GUIDE Q & S 2026/2027

1. When considering land use controls and regulations, which of
the following is an example of police power?
 A) Eminent domain
 B) Escheat
 C) Zoning ordinances
 D) Deed restrictions
 Correct Answer: C) Zoning ordinances
2. In South Carolina, which duty is not required of a fiduciary
agent?
 A) Obedience
 B) Accounting
 C) Disclosure
 D) Providing legal advice
 Correct Answer: D) Providing legal advice
3. Which method of property valuation is primarily based on the
principle of substitution?
 A) Cost approach
 B) Income approach