Contracts
In South Dakota, which party typically drafts the initial purchase offer in a residential transaction?
AThe listing agent on behalf of the seller
BThe buyer's agent on behalf of the buyer✓ Correct
CAn attorney for the buyer
DThe SDREC provides all initial contracts
Explanation
In South Dakota practice, the buyer's agent typically drafts the initial purchase offer on behalf of the buyer using standard forms approved by the local REALTOR® association.
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