South Dakota License Law
In South Dakota, a listing agreement that is perpetual (no expiration date) is:
AValid and enforceable under SDCL 36-21A
BContrary to SDREC rules that require definite expiration dates and may be unenforceable✓ Correct
CValid only for commercial properties
DValid only if renewed monthly
Explanation
SDREC rules require listing agreements to have a definite expiration date. Perpetual or open-ended listings are contrary to SDREC rules and may be unenforceable or subject to disciplinary action.
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