10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
These 10 free SCREB questions are organized by exam domain, so you can see how each part of the South Carolina Real Estate Broker Exam blueprint is tested. Reveal the answer and explanation under each question.
A restaurant tenant installed a walk-in cooler for its business. The unit is bolted to the floor and connected to plumbing, the lease is silent, and the tenant can remove it before the lease ends without material damage after repairing the connections. The landlord claims it automatically became part of the realty. Which conclusion is most accurate?
Correct answer: B - It is a removable trade fixture if the tenant repairs removal damage
A city zoning ordinance permits detached accessory dwelling units. The recorded subdivision covenants, which remain enforceable, prohibit every detached secondary structure. A buyer asks whether zoning approval alone permits the planned unit. Which answer correctly reconciles the two controls?
Correct answer: C - No; the owner must satisfy both, so the stricter covenant controls
An apartment property has potential gross income of $220,000, expected vacancy and collection loss of $11,000, other property income of $5,000, and annual operating expenses of $74,000. The owner also pays $48,000 in mortgage debt service and records $20,000 in depreciation. Comparable investments indicate an 8% capitalization rate. What value is indicated by direct capitalization?
Correct answer: D - $1,750,000
A borrower has a covered conventional loan on a principal residence with an original value of $400,000. After extra principal payments, the balance is $316,000. The borrower is current, has a good payment history, has no junior lien, and the property's value has not declined. The scheduled balance has not yet reached 78% of original value. Given these facts, the borrower may now:
Correct answer: A - Submit a written request to cancel borrower-paid PMI
By noon, a seller receives a $520,000 offer with financing and inspection contingencies and a $505,000 cash offer with no inspection contingency. The listing agreement requires every offer to be presented. The seller asks the broker which offer must be chosen. What is the broker's best response?
Correct answer: D - Present both objectively and compare price, contingencies, timing, and likelihood of performance
After signing a cash purchase contract, a buyer obtains an appraisal $35,000 below the price. The contract contains an inspection contingency but no appraisal contingency, and the inspection period has expired. The seller refuses to reduce the price. The low appraisal, by itself:
Correct answer: B - Does not give the buyer an automatic termination right
During a listing appointment, the seller privately tells the broker, 'I will accept $40,000 less than the asking price, but do not tell buyers.' Later, an unrepresented buyer asks the broker for the seller's bottom line. Which response best satisfies the broker's duties?
Correct answer: C - Keep the information confidential unless the seller authorizes disclosure
Before contract formation on a nonexempt 1966 single-family home, the seller gives the broker an old lead inspection report. The buyer has not waived any federal rights. Which package of steps is required under the federal lead-based paint disclosure rule?
Correct answer: B - Disclose known lead information, provide the report and pamphlet, include warning language, and allow a 10-day inspection opportunity
A property manager receives a midnight call that water is pouring from a burst supply line into an occupied unit and is nearing electrical equipment. The management agreement expressly authorizes emergency action, but the owner cannot be reached. What should the manager do first?
Correct answer: D - Protect occupants and arrange qualified emergency mitigation under the agreement
A grantor signs and properly acknowledges a deed, then hands it to the grantee with present intent that it take effect immediately. The grantee accepts it, but the deed is not recorded until the following week. When did title pass between the parties?
Correct answer: A - When the deed was delivered and accepted
The SCREB exam also covers these domains. Drill them in the full free practice test:
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