This office lease form is an agreement between the landlord, owner of the property, a broker and an outside broker. This Letter Agreement was written as an inducement for each of the parties to continue negotiations and to set forth the conditions of the agreement between Outside Broker, Broker and Landlord.
South Carolina Co Brokerage Agreement
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Multi-State
Control #:
US-OL29A082B
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Word;
PDF
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FAQ
SECTION 40-57-20. Valid licensure requirement for real estate brokers, salesmen and property managers. It is unlawful for an individual to act as a real estate broker, real estate salesman, or real estate property manager or to advertise as such without a valid license issued by the department.
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.
SC Code of Laws §40-57-135(K)(6) states, ?For all types of real estate transactions, including leases and sales, an unlicensed employee of the owner or an unlicensed individual working under the supervision of a broker-in-charge or a property manager-in-charge may not:.. (6) show real property for sale...?
SECTION 40-57-20. Valid licensure requirement for real estate brokers, salesmen and property managers. It is unlawful for an individual to act as a real estate broker, real estate salesman, or real estate property manager or to advertise as such without a valid license issued by the department.
A law degree or baccalaureate degree with a major in real estate will qualify an applicant for the property management examination. Upon passing the property management examination, applicants must apply for a property manager or property manager-in-charge license within one year.
Becoming a real estate broker in South Carolina allows you to work completely independently. With your broker's license, you won't need to work under the supervision of another broker.
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.