SDCL § 36-21A-144: Transaction broker--Duties and obligations.

Any licensee acting as a transaction broker has the following duties and obligations:

(1) To perform the terms of any written agreement made with the customer;

(2) To exercise reasonable skill and care for the customer;

(3) To present all offers in a timely manner;

(4) To account in a timely manner for all money and property received;

(5) To comply with any applicable federal, state, and local laws, rules, regulations, and ordinances including fair housing and civil rights statutes or regulations; and

(6) To disclose to the customer all adverse material facts known by the licensee.

No licensee acting as a transaction broker may advise any party to a transaction to the detriment of another party.