South Dakota License Law
Under the South Dakota Real Estate License Law (SDCL Chapter 36-21A), the ultimate goal of the licensing and regulatory system for real estate professionals is to:
AMaximize the number of licensed real estate agents in South Dakota
BProtect the public from incompetent, dishonest, or unethical real estate practices while ensuring a competent real estate industry✓ Correct
CIncrease state revenue through licensing fees
DPromote the real estate industry's economic growth in South Dakota
Explanation
The fundamental purpose of South Dakota's real estate licensing law is to protect the public by ensuring that real estate professionals meet minimum standards of competence and ethical conduct. The licensing system serves the public interest, not merely the interests of the real estate industry.
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