Principles, Property, and Land Use Practice Question
Question
A supervising broker is reviewing a transaction file for the South Carolina Real Estate Salesperson Exam involving variance and South Carolina Real Estate Commission. What should the licensee understand? (Item 70)
Answer choices
- A. The rule applies only to commercial transactions and never to residential transactions.
- B. Recognize relief from zoning rules due to property-specific hardship in a way that fits South Carolina exam practice.
- C. Client funds may be mixed with business funds if the broker reconciles the account later.
- D. The issue can be ignored if the parties want to close quickly.
Correct Answer
B. Recognize relief from zoning rules due to property-specific hardship in a way that fits South Carolina exam practice.
Explanation
The correct answer is B because variance requires candidates to recognize relief from zoning rules due to property-specific hardship. The South Carolina reference keeps the scenario tied to state licensing practice, while the other options rely on unsafe assumptions about oral custom, escrow, client preference, independent licensee authority, or ignoring written duties.
Question details
- Difficulty: medium
- Domain: Principles, Property, and Land Use
- Objective: variance