South Carolina License Law
In South Carolina, what must be included in all real estate contracts for the sale of residential property?
AA guarantee of the property's value
BThe parties' names, property description, purchase price, and terms — plus signatures of the parties✓ Correct
COnly the purchase price and closing date
DSCREC's standard contract form must always be used
Explanation
A valid SC real estate contract must identify the parties, describe the property, state the purchase price and terms, and be signed by the parties to be charged. Additional required disclosures (like agency disclosure and property condition disclosure) accompany the contract.
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