South Carolina License Law
Under SC Code of Laws Title 40 Chapter 57, which of the following acts is specifically prohibited for South Carolina licensees?
ARepresenting buyers and sellers in separate transactions
BPaying referral fees to unlicensed individuals✓ Correct
CAdvertising on multiple online platforms
DMaintaining more than one active listing
Explanation
SC license law prohibits paying fees, commissions, or other compensation for real estate services to unlicensed individuals. Referral fees may only be paid to licensed real estate professionals.
People Also Study
Related South Carolina Questions
- Under SC Code of Laws Title 40 Chapter 57, how long must a South Carolina broker retain transaction records?South Carolina License Law
- In South Carolina, what is the 'Real Estate License Law' (SC Code Title 40, Chapter 57) designed to do?South Carolina License Law
- In South Carolina, who is typically responsible for paying for the owner's title insurance policy?Escrow & Title
- Under SC Code Title 40 Chapter 57, an affiliated licensee's license is 'inactive' when:South Carolina License Law
- In South Carolina, a real estate agent who uses code words like 'perfect for young professionals' in a rental ad may be accused of:Fair Housing
- What document in South Carolina conveys title to real property that was previously held as collateral under a deed of trust after the loan is paid off?Escrow & Title
- The South Carolina Real Estate Commission requires all licensees to display their license in their place of business. What must the display include?South Carolina License Law
- In South Carolina, a licensee who acts as a buyer's agent and receives compensation from the listing broker via the MLS cooperative compensation:Agency
Key Terms to Know
Math Concepts
State-Specific Concepts
License Law
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 →