SOUTH CAROLINA REAL ESTATE EXAM QUESTIONS AND ANSWERS 2026/2027 (Complete And Verified Study material) (8pages) LEARNEXAMS

1. The amount per $1,000 used to calculate taxes on property is the: milliage rate 2. The common name of the hazardous-waste cleanup fund established by the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) is: superfund 3. May eviction and foreclosure notices be delivered electronically in South Carolina?: NO 4. How many years of sales experience must a salesperson have in order to qualify to take the brokers exam?: 3 5. A development map that shows the location and sizes of lots and streets is known as a: grid plan 6. he Residential Property Condition Disclosure form applies to transactions that involve no more than, how many units?: 4 7. How many years must a full copy of a transaction file be held by a broker after closing?: 5 8. Who is responsible for maintaining a habitable property and for complying with local housing and building codes in a rental situation?: Lessor 9. Salespersons must present any client monies received, to their broker, within: 1 business day 10. The net spendable income generated by an investment is referred to as: Cash flow 11. How long must a Broker in Charge or Property Manager in Charge retain their Trust Fund Account records?: 5 years 12. A recipient of a high cost loan on a property in South Carolina must: receive counseling on the advisability of the loan 13. Mortgage "discount" points only apply if which of the following conditions are met?: The interest