South Dakota License Law

Under South Dakota law, a real estate 'team' operating within a brokerage must:

AObtain a separate brokerage license for the team
BOperate under the supervising broker's license and authority✓ Correct
CRegister the team name independently with the Real Estate Commission
DHave a minimum of five licensed members

Explanation

Real estate teams in South Dakota operate under the authority and supervision of the employing broker. The team does not hold its own license; all team members remain under the broker's license and the broker remains responsible for their activities.

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