Jennifer is a licensed real estate salesperson in South Carolina. She wants to sell timeshare interests at a new resort development in Myrtle Beach. In addition to her salesperson license, what does South Carolina law require before Jennifer may legally sell timeshare interests?
Correct Answer
D) Jennifer must obtain a timeshare license endorsement in addition to her existing salesperson license
Under the South Carolina Vacation Time Sharing Plans Act (S.C. Code Ann. §§ 27-32-10 et seq.), agents selling timeshare interests must hold a special timeshare license endorsement in addition to their regular real estate license. Jennifer's salesperson license alone is insufficient; she must obtain this endorsement before selling timeshare interests.
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Related Topics & Key Terms
Key Terms:
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