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Section 29-5-10 of the Statute provides, in relevant part, that ?[a] person to whom a debt is due for labor performed or furnished or for materials furnished and actually used in the ?of a [structure] upon real estate?by virtue of an agreement with?the owner?or person having authority from, or rightfully acting ...
The statute requires that the disclosure statement include information on: (1) the water supply and sanitary sewage disposal system; (2) the roof, chimneys, floors, foundation, basement, and other structural components; (3) the plumbing, electrical, heating, cooling, and other mechanical systems; (4) past or present, ...
South Carolina Code §40-57-137(M)(1) states that a licensee may act as a disclosed dual agent only with the prior informed and written consent of all parties. The two key terms in the statute are ?informed? and ?written? consent.
A South Carolina real estate agent listing agreement sets forth the terms and conditions of the relationship between a real estate broker and an individual trying to sell a residential property (client or principal).
2022 South Carolina Code of Laws. Title 40 - Professions and Occupations. Chapter 57 - Real Estate Brokers, Salesmen, And Property Managers.
SECTION 40-57-135. Duties of broker-in-charge and property manager-in-charge; associated licensees; office locations; policies and recordkeeping; management agreements; unlicensed employees. (8) notify the commission by mail within ten days of any change of office name, address, email address, or telephone number.
If there is no counteroffer made, license law requires that a Real Estate Offer Rejection Form be completed and signed by the licensee, and the buyer then receives a copy stating that the offer has been rejected and the seller does not choose to make a counteroffer.
Upon passing the property management examination, applicants must apply for a property manager or property manager-in-charge license within one year.