South Carolina License Law
In South Carolina, a licensee who is also a principal (buyer or seller) in a transaction must:
ASurrender their license during the transaction
BDisclose their licensed status to all parties✓ Correct
COnly use another agent to represent them
DObtain SCREC approval before the transaction
Explanation
When a SC licensee is a party to a transaction (buying or selling for their own account), they must disclose their licensed status to the other party. This is required even if they are not acting in a professional capacity.
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