The South Carolina Real Estate Commission has the authority to promulgate regulations governing real estate practice in the state. Under which body of South Carolina law does the Commission derive this rule-making authority?
Correct Answer
D) The South Carolina Real Estate License Law, S.C. Code Ann. §§ 40-57-10 et seq., which expressly delegates rule-making authority to the SCREC
The SCREC's authority to adopt, amend, and repeal regulations is expressly delegated by the South Carolina Real Estate License Law, S.C. Code Ann. §§ 40-57-10 et seq. This statute creates the Commission and grants it the power to promulgate regulations necessary to carry out the purposes of the License Law. The resulting regulations are codified at S.C. Code Ann. Regs. 36-1 through 36-9.
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Related Topics & Key Terms
Key Terms:
Related Concepts
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Florida real estate licenses must be renewed biennially, and sales associates have specific post-license education requirements for their first renewal.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
In Wyoming real estate practice, a first-time salesperson applicant completes coursework. What should the licensee remember?
A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
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