Property Management
In South Carolina, a property manager who collects rent and negotiates leases on behalf of others must hold:
AA property management certificate only
BA real estate license✓ Correct
CA business license only
DNo license if they manage 5 or fewer units
Explanation
South Carolina requires a real estate license (or property management license) to collect rent, negotiate leases, or manage property for others for compensation.
Related South Carolina Property Management Questions
- Under SC law, when a tenant vacates at the end of a lease and leaves personal property behind, the landlord should:
- A South Carolina property manager who misappropriates funds from the owner's trust account is guilty of:
- A property manager in South Carolina must maintain tenant security deposits in:
- In South Carolina, 'constructive eviction' occurs when:
- Under South Carolina law, a landlord who accepts rent after discovering a lease violation:
- A South Carolina tenant fails to pay rent. The landlord must provide what notice before filing for eviction?
- A South Carolina property manager who collects security deposits must:
- Which type of South Carolina commercial lease has the tenant pay rent plus a percentage of their business gross sales?
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