South Carolina License Law
A South Carolina salesperson receives an earnest money check from a buyer. The salesperson must:
ADeposit it in their personal account for safekeeping
BDeliver it promptly to their broker-in-charge for deposit in the trust account✓ Correct
CHold it until the closing date
DSend it directly to the closing attorney
Explanation
South Carolina licensees must promptly deliver all trust funds received to their broker-in-charge. Salespersons may not maintain their own trust accounts.
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