South Carolina License Law
Under South Carolina law, a real estate licensee who acts as a principal (buying or selling their own property) must:
ASurrender their license during the transaction
BDisclose their licensed status to all parties✓ Correct
CUse another licensee to represent them
DObtain SCREC approval before proceeding
Explanation
When a licensee acts as a principal in a real estate transaction, they must disclose their licensed status to all parties. This is a transparency requirement under SC license law.
Related South Carolina South Carolina License Law Questions
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