South Dakota License Law
Which of the following activities is specifically exempt from South Dakota real estate license requirements?
AA property manager managing rental properties for third parties
BA real estate investor selling their own investment properties
CA licensed attorney performing real estate activities as part of their legal duties✓ Correct
DA licensed contractor who also manages rental properties
Explanation
Licensed attorneys are exempt from real estate license requirements when performing real estate activities as part of their legal duties, such as estate administration, trust management, or representing clients in real estate closings. This is a specific statutory exemption in South Dakota.
Related South Dakota South Dakota License Law Questions
- In South Dakota, a real estate licensee must provide the agency disclosure form to a prospective buyer or seller:
- Which agency regulates real estate licenses in South Dakota?
- A South Dakota licensee who assists a buyer in completing a fraudulent mortgage application has committed:
- A South Dakota real estate licensee who receives a gift from a vendor they referred a client to (without client disclosure) has:
- A South Dakota licensee who engages in 'unauthorized practice of law' is:
- In South Dakota, a licensed broker who manages their own investment properties is:
- In South Dakota, a licensee who serves as a buyer's agent must provide all of the following services EXCEPT:
- Which of the following is NOT exempt from South Dakota real estate licensing requirements?
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