Agency
In South Dakota, the term 'single agency' in real estate practice means:
AThe agent represents only one party — either the buyer or the seller, but not both — in a transaction✓ Correct
BThe agent works alone without a team
CA brokerage with only one agent
DAn agency representing only commercial property clients
Explanation
Single agency means the agent represents only one principal — either the buyer or the seller — in a given transaction. The agent owes full fiduciary duties exclusively to that one client. This is considered the cleanest and clearest agency relationship.
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