law

South Carolina Real Estate Commission

The South Carolina Real Estate Commission, created inside the Department of Labor, Licensing and Regulation (LLR), enforces the Real Estate Practice Act (Title 40, Chapter 57) to protect the public's interest in real estate transactions. It has ten members serving four-year terms: seven practitioners, one from each congressional district, two public members appointed by the Governor, and one at-large practitioner. Act 204 of 2024 renamed the entry license 'associate' and raised the maximum fine to $10,000 per violation. The Commission cannot settle commission disputes between licensees.

Exam tip: 'Ten for four, two from the Governor's door.' Answers saying the Commission exists to protect licensees or set commissions are wrong; its purpose is public protection.
Example: Two brokerages fight over a fee split; the Commission will not decide it, but it will investigate a buyer's complaint that earnest money was kept improperly.

1. According to S.C. Code §40-57-10, the primary purpose of the South Carolina Real Estate Commission is to:

Answer & explanation

Answer: C. Section 40-57-10 states that the Commission regulates the industry to protect the public's interest in real estate transactions. Promoting the industry sounds plausible, but it is a trade association function, not the Commission's statutory purpose. The Commission never sets commission rates.

Related terms & state variants

broker license revocation salesperson Broker-in-Charge (South Carolina) (SC)

Sources

Source verification pending. Confirm current requirements with your state regulator.

Last verified: 2026-10-23