South Carolina Code of Regulations Chapter 105 - DEPARTMENT OF LABOR, LICENSING AND REGULATION- SOUTH CAROLINA REAL ESTATE COMMISSION
South Carolina Code of Regulations – Chapter 105 governs the operations of the South Carolina Real Estate Commission, which is part of the Department of Labor, Licensing and Regulation (LLR). This chapter encompasses regulations related to real estate licensing, education, and practice standards within the state.
📘 Overview of Chapter 105
Chapter 105 is structured into several sections, each addressing specific aspects of real estate practice and regulation:
§ 105-2 – Definitions related to vacation time-sharing ownership plans.
§ 105-3 – Regulations on the sale of vacation time-sharing plan receivables.
§ 105-4 – Criteria for providers of real estate courses.
§ 105-5 – Application procedures for course approval.
§ 105-6 – Course curriculum requirements, approval processes, attendance policies, and verification methods.
§ 105-7 – Enrollment agreements, policies, and procedures for real estate courses.
§ 105-8 – Additional operating procedures for real estate education providers.
§ 105-9 – Auditing and record-keeping requirements for real estate education providers.
§ 105-10 – Standards for instructors of real estate courses.
§ 105-11 – Renewal processes for real estate licenses and courses.
§ 105-12 – Fees associated with real estate courses and licensing.
§ 105-13 – General fee structure for real estate licensing and related services.
§ 105-14 – Residential Property Condition Disclosure Statement Form.(law.cornell.edu, law.justia.com, scstatehouse.gov)
📅 Recent Updates
The regulations in Chapter 105 were updated in 2024, focusing on areas such as pre-licensing and continuing education. These updates included:(centralcarolinarealtors.com, legiscan.com)
Renaming terms (e.g., changing "salesperson" to "associate").
Introducing new terms like "wholesaling."
Clarifying broker supervision requirements.
Establishing re-examination procedures for applicants who do not pass the licensing exam. (centralcarolinarealtors.com, legiscan.com)
📄 Accessing the Full Text
For detailed information, you can access the full text of Chapter 105 through the following resources:
South Carolina Legislature: Official PDF of Chapter 105. (scstatehouse.gov)
Cornell Law School: Online version of Chapter 105. (law.cornell.edu)
Justia Regulations: Comprehensive listing of Chapter 105 sections. (regulations.justia.com)(legiscan.com)
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