S.C. Code Regs. § 79-20 - Multi-Lot Salesperson

(A) A multi-lot salesperson's license entitles its holder to be employed by a retail dealership with multiple lot locations having the same ownership for remuneration or consideration, to engage in the sale of new and/or pre-owned manufactured homes on any of the retail dealer lot locations.

(B) Surety bond or other approved security shall be marked for the locations at which the multi-lot salesperson will be working.

(C) No multi-lot salesperson shall offer for sale or sell manufactured homes in the State until receipt of license from the Department.

(D) When doing business in this state, each multi-lot salesperson must present license on request.

(E) Change of Employment.

(1) When a multi-lot 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 multi-lot 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 multi-lot salesperson must notify the Department within twenty (20) days if no longer employed by the retail dealer identified in the license record and must complete an update application, state the reason for termination and provide proof of surety bond or other approved security coverage at new location if the multi-lot salesperson is to be employed by another licensed retail dealer.

Notes

S.C. Code Regs. § 79-20

Added by State Register Volume 29, Issue No. 2, eff February 25, 2005.