{"data":{"id":"us-sd/sdcl-36-21a-132","jurisdiction":"us-sd","citation":"SDCL § 36-21A-132","heading":"Duties and obligations of licensee representing seller or landlord.","body":"Any licensee representing a seller or landlord has the following duties and obligations:\n(1) To perform the terms of the written agreement made with the client;\n(2) To exercise reasonable skill and care for the client;\n(3) To promote the interest of the client with the utmost good faith, loyalty, and fidelity, including:\n(a) Seeking a price and terms which are acceptable to the client. However, the licensee is not obligated to seek additional offers to purchase the property while the property is subject to a contract for sale or to seek additional offers to lease the property while the property is subject to a lease or letter of intent to lease;\n(b) Presenting all written offers to and from the client in a timely manner regardless of whether the property is subject to a contract for sale or lease or a letter of intent to lease;\n(c) Disclosing to the client all adverse material facts actually known by the licensee; and\n(d) Advising the client to obtain expert advice as to material matters about which the licensee knows but the specifics of which are beyond the expertise of the licensee;\n(4) To account in a timely manner for all money and property received; and\n(5) To comply with any applicable federal, state, and local laws, rules, regulations, and ordinances, including fair housing and civil rights statutes, or regulations.","path":["TITLE 36. PROFESSIONS AND OCCUPATIONS","CHAPTER 36-21A. REAL ESTATE LICENSING"],"source_url":"https://sdlegislature.gov/Statutes/36-21A-132","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"d651cc88b7de318e5f1ecdb0d971ad12536ed627ce1bc74c03d9e19870bf0811","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-36-21a-131","next":"us-sd/sdcl-36-21a-133"},"notice":"GroundRules: Original legal text. Not legal advice."}