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 § 36-21A-150

Title 36PROFESSIONS AND OCCUPATIONS

Ch. 36-21REAL ESTATE LICENSING

This text of South Dakota § 36-21A-150 (Duties of broker or licensee after transaction finished.) 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-150 (2026).

Text

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.