Section 6: Misc. Flashcards

1
Q

What is the fee to renew an active salesperson license?

A

$45 Biennial

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2
Q
If one is going to take a fee to list, sell, exchange, or otherwise deal in the real estate of others must be licensed as a?
A. Broker
B. Property manager
C. Salesperson
D. Associate Borker
A

A. Broker

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3
Q
The cost to change a name or change broker is:
A. $10
B. $20
C. $50
D. $150
A

A. $10

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4
Q

What is the charge for an inactive broker/salesperson/property manager to renew bienially?

A. $300
B. $120
C. $200
D. $250

A

B. $120

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5
Q

How much is the new license fee for a new broker in charge?

A. $250
B. $200
C. $300
D. $400

A

A. $250

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6
Q

How long must records of attendance to continuing education be kept?

A. 7 years
B. 3 years
C. 10 years
D. 5 years

A

B. 3 years

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7
Q

The cost to renew an actice timeshare license is?

A. $75
B. $125
C. $100
D. $50

A

D. $50

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8
Q

One of the eight licensed real estate professionals was not elected by a confressional district. How did the eight member get appointed?

A. The board of realtors

B. The members of the commission elect at large to be the eight licensed profeasional on the SC real estate commission

C. The Governor

D. The Director of Commerce

A

B. The members of the commission elect at large to be the eight licensed profeasional on the SC real estate commission

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9
Q

How much is the application to sit for the state license exam?

A. $50
B. $25
C. $60
D. $75

A

B. $25

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10
Q

The late fee in addition to the renewal fee for an active license is?

A. $75 per month
B. $15 per month
C. $20 per month
D. $50 per month

A

B. $15 per month

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11
Q

Renewal of an active broker in charge
/ property manager in charge is?

A. $25 per office
B. $75 per office
C. $50 per office
D. $100 per office

A

B. $75 per office

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12
Q

Who appoints the seven licensed professionals to the SC real estate comission

A. One elected from each organizational district by house members and senate

B. The governor

C. The board of realtors

D. The director of commerce

A

A. One elected from each organizational district by house members and senate

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