South Carolina Code of Regulations
Chapter 10 - DEPARTMENT OF LABOR, LICENSING AND REGULATION
Section 10-37 - Real Estate Commission
Current through Register Vol. 48, 12, December 27, 2024
The Board shall charge the following fees:
A. New License:
1. Broker-in-Charge/Property Manager-in-Charge (biennial |
) $250 |
2. Broker/Property Manager (biennial) |
$125 |
3. Salesperson (Provisional), (annual) |
$25 |
4. Credit report for applicant by reciprocity |
$10 |
5. Salesperson applicant from non-reciprocity states |
$50 (biennial) |
B. Renewal:
1. Broker-in-Charge/Property Manager-in-Charge (biennial) |
$75 |
2. Broker/Inactive Broker/Property Manager/Inactive Property Manager (biennial) |
$55 |
3. Salesperson/Inactive Salesperson (biennial) |
$45 |
4. The late renewal fee is $25 per month, beginning July 1st December 31st. After December 31st, the licensee must re |
through :apply. |
5. Timeshare Salesperson: |
$50 |
C. Licensing Transactions:
1. Upgrade of Salesman Provisional License |
$25 |
2. License Transfer |
$0 |
3. Duplicate License |
$10 |
4. Certification of Licensure |
$5 |
5. Personal Name Change |
$10 |
6. Change of License Status |
|
a. BIC/PMIC to Broker/Property Manager |
$10 |
b. Activate License (same classification) from Inactive |
$10 |
c. Company Name or Address Change ($10 per licensee or maximum of $250 an office) |
$10 |
D. Examination Process
1. Application |
$25 |
2. Credit Report |
$10 |
3. Examination is payable directly to examination vendor. |
E. Provider, Course, and Instructor Fees
1. Course provider approval |
$200 |
2. Course provider renewal |
$100 |
3. Course approval |
$100 |
4. Course approval renewal |
$50 |
5. Instructor approval |
$100 |
6. Instructor renewal |
$50 |
7. Late renewal (after August 31st) for provider, course, or instructor |
$50 |
The education year is September 1st of even-numbered years through August 31st.