Agency
In South Carolina, can a licensed real estate agent also practice as a licensed mortgage loan originator?
ANo — the two licenses are completely incompatible
BYes — an agent may hold both licenses but must disclose both roles and avoid conflicts of interest✓ Correct
COnly commercial agents may hold both licenses
DYes, but the agent must use a different name for each profession
Explanation
In South Carolina, a person may hold both a real estate license and a mortgage loan originator license. However, when acting in both capacities in the same transaction, they must clearly disclose their dual roles and manage any conflicts of interest to protect the consumer.
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