Current through Register Vol. 48, No. 9, September 27, 2024
(A) A salesperson's
license entitles its holder to be employed for remuneration or consideration by
a retail dealer to engage in the sale of new and/or pre-owned manufactured
homes through that retail dealer.
(B) Each salesperson must be licensed
individually.
(C) No salesperson
shall offer for sale or sell manufactured homes in the State until receipt of a
license from the Department.
(D)
When doing business in this state, each salesperson shall be able to present a
license on request.
(E) Change of
Employment.
(1) When a licensed salesperson
is discharged or changes place of employment, the retail dealer shall notify
the Department within ten (10) days, by letter reporting such termination and
the reason for termination and furnish a forwarding address if known, for the
salesperson.
(a) The notice must specify the
reason for the change in status, e.g., discharge.
(b) The communication by the retail dealer to
the Department is privileged and subject to the provisions of S.C. Code Ann.
Sec.
40-1-190
(Supp. 1996).
(2) The
salesperson must notify the Department within twenty (20) days when no longer
employed with the retail dealer identified on the license record and must
complete an application, state the reason for termination and provide proof of
surety bond or other approved security coverage at new location if the
salesperson is to be employed with another licensed retail dealer.
(F) A salesperson shall not be
employed by or conduct transactions for more than one retail dealer at the same
time, except if the salesperson is licensed as a multi-lot salesperson as
described in 79-20.
(G) All
transactions handled by or involving a salesperson must be reviewed and
supervised by the licensed employing retail dealer. That retail dealer must
review all documents prepared by the salesperson in a transaction.
(H) Apprentice Salesperson.
(1) An apprentice salesperson's license
entitles its holder to sell manufactured homes under the direct supervision of
a licensed retail dealer for a period not to exceed one hundred and twenty
(120) days from date of issuance.
(2) An apprentice salesperson's license is
not renewable and at the date of expiration the apprentice salesperson must
meet the requirements for licensure as a salesperson or multi-lot
salesperson.
(3) An individual that
has previously held a dealer's, salesperson's, or multi-lot salesperson's
license is not eligible for the apprentice salesperson's license.
(4) The dealer shall notify the department at
the end of the one hundred and twenty (120) day period that the apprentice
salesperson has obtained the required license or is no longer employed by the
dealership.
