South Dakota § 36-21A-148 Client, licensee not liable for misrepresentation made by the other--Exception.

South Dakota Statutes

§ 36-21A-148 — Client, licensee not liable for misrepresentation made by the other--Exception.

South Dakota § 36-21A-148

Title 36PROFESSIONS AND OCCUPATIONS

Ch. 36-21REAL ESTATE LICENSING

This text of South Dakota § 36-21A-148 (Client, licensee not liable for misrepresentation made by the other--Exception.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 36-21A-148 (2026).

Text

No client or customer is liable for any misrepresentation made by the licensee arising out of their agency or brokerage agreement unless the client or customer knew of the misrepresentation. No licensee is liable for a misrepresentation of the licensee's client arising out of the agency agreement unless the licensee knew of the misrepresentation. In any agency or brokerage relationship, the licensees, each client or customer, and the real estate brokerage are required to possess only actual knowledge and information. There is no imputation of knowledge or information by operation of law among or between the clients or customers, the real estate brokerage, and its licensees.

Free access — add to your briefcase to read the full text and ask questions with AI

No client or customer is liable for any misrepresentation made by the licensee arising out of their agency or brokerage agreement unless the client or customer knew of the misrepresentation. No licensee is liable for a misrepresentation of the licensee's client arising out of the agency agreement unless the licensee knew of the misrepresentation. In any agency or brokerage relationship, the licensees, each client or customer, and the real estate brokerage are required to possess only actual knowledge and information. There is no imputation of knowledge or information by operation of law among or between the clients or customers, the real estate brokerage, and its licensees.