South Dakota § 36-21A-146 Certain information not to be disclosed by transaction broker without written consent.

South Dakota Statutes

§ 36-21A-146 — Certain information not to be disclosed by transaction broker without written consent.

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

The following information may not be disclosed by the transaction broker without the informed written consent of the customer:

(1)That a buyer is willing to pay more than the asking price or lease rate offered for the property;

(2)That a seller is willing to accept less than the asking price or lease rate for the property;

(3)What the motivating factors are for any customer, buying, selling, or leasing the property;

(4)That a customer will agree to financing terms other than those offered; and (5) Any confidential information about a party to the transaction to the other party unless the disclosure is required by statute or rule or failure to disclose the information would constitute misrepresentation.

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The following information may not be disclosed by the transaction broker without the informed written consent of the customer: (1) That a buyer is willing to pay more than the asking price or lease rate offered for the property; (2) That a seller is willing to accept less than the asking price or lease rate for the property; (3) What the motivating factors are for any customer, buying, selling, or leasing the property; (4) That a customer will agree to financing terms other than those offered; and (5) Any confidential information about a party to the transaction to the other party unless the disclosure is required by statute or rule or failure to disclose the information would constitute misrepresentation.

South Dakota § 36-21A-146 (Certain information not to be disclosed by transaction broker without written consent.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.