Principles, Property, and Land Use Practice Question
Question
A buyer asks a licensee for an exam-focused explanation for the South Carolina Real Estate Salesperson Exam involving restrictive covenants and agency disclosure and broker supervision. Which answer best reduces risk? (Item 28)
Answer choices
- A. The requirement matters only when the buyer obtains institutional financing.
- B. The affiliated licensee may handle the matter independently without broker responsibility.
- C. Local custom controls even when a statute, regulation, contract, or disclosure rule applies.
- D. Recognize private deed or association limits on property use in a way that fits South Carolina exam practice.
Correct Answer
D. Recognize private deed or association limits on property use in a way that fits South Carolina exam practice.
Explanation
The correct answer is D because restrictive covenants requires candidates to recognize private deed or association limits on property use. 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: hard
- Domain: Principles, Property, and Land Use
- Objective: restrictive covenants