South Carolina Real Estate Exam Practice Questions (2025)

South Carolina's real estate salesperson exam has 120 questions: 80 national and 40 state-specific. You need 70% (84/120) to pass.

National Section Questions

Q1: Which of the following is NOT a fiduciary duty owed by an agent to their principal? A) Loyalty B) Obedience C) Honesty to third parties D) Confidentiality Answer: C — Honesty to third parties is an ethical duty, but it is not one of the OLDCAR fiduciary duties owed exclusively to the principal. Fiduciary duties are: Obedience, Loyalty, Disclosure, Confidentiality, Accounting, Reasonable care.

Q2: A property sells for $265,000. The annual property taxes are $3,180 paid in arrears. Closing is September 30 (use 360-day year). What is the seller's proration credit to the buyer? - Daily tax: $3,180 / 360 = $8.83/day; Seller's days (Jan–Sept): 270 - Seller's credit: 270 x $8.83 = $2,384.10

Q3: Under TRID, when must the Loan Estimate be delivered to the borrower? Answer: Within 3 business days of the mortgage application.

South Carolina-Specific Questions

Q4: The South Carolina Real Estate Commission (SCREC) has how many members? A) 6 B) 8 C) 10 D) 12 Answer: C — SCREC has 10 members.

Q5: South Carolina real estate license law is found in: A) SC Code Title 40, Chapter 57 B) SC Code Title 27 (Property) C) SC Admin Code Chapter 36 D) SC Real Estate Practices Act Answer: A — SC Code Title 40, Chapter 57 governs real estate licensees.

Q6: South Carolina requires salesperson applicants to complete how many hours of prelicense education? A) 60 B) 75 C) 90 D) 120 Answer: C — South Carolina requires 90 hours of approved prelicense education.

Q7: South Carolina's real estate transfer tax (deed recording fee) is: A) No transfer tax B) $1.85 per $500 of consideration C) $2.28 per $500 D) 1% of sale price Answer: B — SC's deed recording fee is $1.85 per $500 of consideration.

Q8: Which South Carolina license is required to manage rental properties for others? A) Standard salesperson license with property management endorsement B) Separate Property Manager license C) Broker license only D) No license required for property management Answer: B — South Carolina requires a separate Property Manager license for those who manage rental properties on behalf of others. This is unique to SC.

Q9: South Carolina's continuing education requirement is: A) 10 hours per year (20 per 2-year cycle) B) 12 hours per 2-year cycle C) 6 hours per year D) 30 hours per 3-year cycle Answer: A — SC requires 10 hours of CE per year (20 hours per 2-year renewal cycle) — one of the highest annual CE requirements in the country.

Q10: A South Carolina broker must retain transaction records for: A) 3 years B) 5 years C) 7 years D) 10 years Answer: B — SC brokers must retain records for 5 years.

Key South Carolina Topics - **SCREC**: 10 members; **SC Code Title 40, Chapter 57** - **90-hour prelicense**; **10 hours CE per year** (20 per 2-year cycle) - **Transfer tax**: $1.85 per $500 - **Property Manager license**: separate requirement unique to SC - **5-year record retention**

[Practice South Carolina questions at CARealestate.com/states/south-carolina](https://carealestate.com/states/south-carolina)