Property Management
In South Carolina, what happens if a landlord wrongfully withholds a security deposit?
AThe tenant forfeits the deposit
BThe tenant may sue for the deposit plus damages up to three times the deposit amount✓ Correct
CThe landlord must pay a $500 fine to SCREC
DThe tenant must file with the SC Human Affairs Commission
Explanation
Under the SC Residential Landlord and Tenant Act, if a landlord wrongfully withholds a security deposit, the tenant may recover the deposit plus damages up to three times the amount wrongfully withheld, providing a significant deterrent.
Related South Carolina Property Management Questions
- Under the South Carolina Residential Landlord and Tenant Act, a landlord must give how much notice before entering a tenant's unit for non-emergency repairs?
- In South Carolina, which of the following would be considered a legitimate deduction from a security deposit?
- In South Carolina, a property manager who collects rent and negotiates leases on behalf of others must hold:
- A South Carolina property manager who misappropriates funds from the owner's trust account is guilty of:
- In South Carolina, which type of lease has no fixed end date and renews automatically each rent period?
- In South Carolina, an 'estoppel certificate' in property management is:
- In South Carolina, what is a 'vacancy rate' and why does it matter in property management?
- In South Carolina, which type of lease allows the rent to increase based on changes in a price index (such as CPI)?
Practice More South Carolina Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free South Carolina Quiz →