South Dakota § 36-21A-150 Duties of broker or licensee after transaction finished.

South Dakota Statutes

§ 36-21A-150 — Duties of broker or licensee after transaction finished.

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

Unless otherwise provided in the agreement or by law, no broker and licensee associated with that broker engaged as a seller's/landlord's or buyer's/tenant's agent, subagent, limited agent, or transaction broker owes any further duty or obligation to a client or customer after termination, expiration, completion, or performance of the agency or brokerage agreement, except for the following duties:

(1)Accounting for all moneys and property related to and received during the engagement; and (2) Keeping confidential all information received during the course of the engagement.

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Unless otherwise provided in the agreement or by law, no broker and licensee associated with that broker engaged as a seller's/landlord's or buyer's/tenant's agent, subagent, limited agent, or transaction broker owes any further duty or obligation to a client or customer after termination, expiration, completion, or performance of the agency or brokerage agreement, except for the following duties: (1) Accounting for all moneys and property related to and received during the engagement; and (2) Keeping confidential all information received during the course of the engagement.

South Dakota § 36-21A-150 (Duties of broker or licensee after transaction finished.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.