South Dakota License Law
When a South Dakota real estate broker dies or becomes incapacitated, what happens to affiliated salesperson licenses?
AAll salesperson licenses immediately become inactive
BThe Real Estate Commission may designate a temporary broker or the salespersons may transfer to another broker✓ Correct
CThe salespersons may immediately become independent brokers
DThe licenses are automatically cancelled and must be reapplied for
Explanation
When a broker dies or becomes incapacitated in South Dakota, the Real Estate Commission may appoint a temporary broker to allow the brokerage to continue operations, or affiliated salespersons can transfer their licenses to another supervising broker. Immediate cancellation would be harmful to clients in active transactions.
Related South Dakota South Dakota License Law Questions
- Which activity does NOT require a real estate license in South Dakota?
- When a South Dakota licensee's license is placed on inactive status, they may:
- What is the minimum passing score required on the South Dakota real estate licensing exam?
- In South Dakota, a real estate broker who accepts a listing must provide the seller with a copy of the listing agreement:
- In South Dakota, which of the following is a valid reason for the Real Estate Commission to revoke a license?
- A real estate licensee in South Dakota who wishes to manage their own rental property for personal income:
- A South Dakota real estate license can be revoked for which of the following?
- In South Dakota, the pre-licensing education requirement for a real estate salesperson license is:
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 →