Agency
The duty of 'reasonable care and diligence' requires a South Dakota real estate agent to:
AGuarantee that the property has no defects
BApply the knowledge and skills of a competent professional to the representation✓ Correct
CAlways achieve the exact price the client requests
DPerform all services without charge if the transaction fails
Explanation
Reasonable care and diligence requires an agent to apply professional knowledge and skills, follow up on details, and handle the transaction competently, but does not guarantee a specific outcome.
Related South Dakota Agency Questions
- A South Dakota listing agent who is also a licensed contractor wants to purchase a property they are listing. They must:
- In South Dakota, 'designated agency' means:
- Which type of agency relationship is created when an agent acts on behalf of a client without explicit agreement but through the parties' conduct?
- In South Dakota, when a seller terminates a listing agreement before its expiration date without cause, the seller may be liable to the broker for:
- In South Dakota, a real estate agent who creates a false sense of urgency to pressure a buyer into making a quick decision on a property is:
- A South Dakota listing agent who receives an offer below the listed price must:
- A South Dakota real estate agent who acts as a transaction coordinator (facilitator) rather than an agent for either party:
- In South Dakota, which of the following best describes an 'implied agency' relationship?
Practice More South Dakota Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free South Dakota Quiz →