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South Carolina · State License Law — free study notes for the real estate licensing exam.
🏛️ State License Law 📍 South CarolinaClient and earnest-money funds in South Carolina must be deposited promptly into a designated trust or escrow account maintained by the broker, kept separate from the firm's operating money to avoid commingling. The broker-in-charge is accountable for the proper handling, record-keeping, and disbursement of these trust funds. South Carolina licenses renew on a regular cycle, and licensees must complete the required continuing-education hours before renewal to keep their license active and in good standing.
Yes. State License Law is a scored domain on the South Carolina real estate licensing exam, and this topic appears in the state license-law portion.
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South Carolina applies its own license law on top of the national portion. This page covers the South Carolina rules specifically, which is what the state section of your exam tests.