South Dakota License Law
The South Dakota Real Estate Commission has the authority to:
AAdjudicate civil disputes between buyers and sellers
BSuspend or revoke a real estate license for violations✓ Correct
CSet commission rates for real estate transactions
DApprove or deny real estate purchase contracts
Explanation
The South Dakota Real Estate Commission has disciplinary authority including the power to suspend or revoke licenses for violations of license law or commission rules. It does not set commission rates or adjudicate contract disputes.
Related South Dakota South Dakota License Law Questions
- In South Dakota, which of the following describes the key difference between a 'broker' license and a 'salesperson' license?
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- Which of the following is NOT exempt from South Dakota real estate licensing requirements?
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