South Dakota Statutes

§ 36-21A-145 — Transaction broker not responsible for--Independent inspections--Statements by seller--Finances.

South Dakota·Title 36 PROFESSIONS AND OCCUPATIONS·Ch. 36-21 REAL ESTATE LICENSING

No licensee acting as a transaction broker has any duty to:

(1)Conduct an independent inspection of the property for the benefit of any party to the transaction;
(2)Independently verify the accuracy or completeness of statements made by the seller, landlord, buyer, tenant, or qualified third - party inspector; or (3) Conduct an independent investigation of the buyer's or tenant's financial condition.

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South Dakota § 36-21A-145 (Transaction broker not responsible for--Independent inspections--Statements by seller--Finances.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1998, ch 229, § 22.

Nearby Sections

15
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