Final answer:
A broker-in-charge in South Carolina must have an ownership interest in the brokerage, five years of recent real estate experience, and complete 180 hours of pre-licensing education.
Explanation:
Must have an ownership interest in the brokerage and be actively engaged in its management and operations. This means that the broker-in-charge needs to have a direct stake in the brokerage's activities and oversee its day-to-day functions.
Must have at least five years of real estate experience in the last seven years. This requirement ensures that the broker-in-charge possesses a substantial level of real estate knowledge and expertise.
Must complete at least 180 hours of pre-licensing education. This educational component is essential for providing the broker-in-charge with the necessary foundation to lead effectively.
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