Real Estate License Law Revision

Please familiarize yourself with the Real Estate License Law revisions, as not understanding the changes and how they affect your licensure may result in your illegal practice of real estate, and the associated consequences. As a real estate professional, it is your responsibility to understand the requirements and complete the associated education and steps to remain in compliance.

EFFECTIVE JANUARY 1, 2017
A revision of the South Carolina Real Estate Licensing law (Act.170) was signed into law on May 23, 2016. The new license law will take effect on January 1, 2017. There are multiple changes, which will affect licensees or applicants.
Read the final version of Act.170 as passed

The Commission is still in the process of reviewing to establish implementation and enforcement timelines for many of the changes. All information and updates will be posted here and distributed through CTAR.

WATCH: FIRST LOOK AT NEW LICENSE LAW | Information for Brokers and Agents


License Law Update for Brokers In Charge with Dianna Brouthers
In this program you will learn about the changes that will affect how you do your business: the non-agency option that allows taking customers all the way to closing, new required disclosures, rules regarding offer presentations and much more.

View the recorded session here.

License Law Update for Agents with Rod Atkinson, SC Real Estate Commission Administrator
Learn about the changes to the license law and how they will affect your business and your licensure renewals going forward.

View the recorded session here.

 

 More Video Resources


SCR has created a playlist of 9 License Law videos to help you understand the changes that have taken place. You can select the videos individually, here or watch them in sequence below.

 

 

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