Under South Carolina law, all of the following are grounds for disciplinary action against a South Carolina real estate licensee by the SCREC EXCEPT:
Correct Answer
D) Referring a client to a home inspector who is licensed and in good standing with the state
Referring a client to a licensed and reputable home inspector is a routine and lawful real estate practice. It is not a ground for disciplinary action under South Carolina law. Licensees regularly refer clients to service providers, and doing so is not a violation as long as undisclosed referral fees or kickbacks are not involved.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.
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In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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