{"data":{"id":"us-sd/sdcl-36-21a-147","jurisdiction":"us-sd","citation":"SDCL § 36-21A-147","heading":"Office policies--Relationships--Written disclosure.","body":"Every responsible broker shall develop and maintain a written office policy that specifically sets forth agency and brokerage relationships that the broker may establish. At the first substantive contact with a seller or buyer who has not entered into a written agreement with a broker, the licensee shall:\n(1) Disclose in writing to that person the types of agency and brokerage relationships the broker is offering to that person; and\n(2) Provide that person with a written copy of a disclosure on a form prescribed by the commission.\nThe written disclosure shall contain a signature block for the client or customer to acknowledge receipt of the disclosure. The customer's acknowledgment of disclosure does not constitute a contract with the licensee. If the customer fails or refuses to sign the disclosure, the licensee shall note that fact on a copy of the disclosure and retain the copy.\nAfter a seller and buyer have entered into a written agency or brokerage agreement with a broker, no other licensee is required to make the disclosures required by this section.\nThe commission may prescribe the disclosure form by rules promulgated pursuant to chapter 1-26.","path":["TITLE 36. PROFESSIONS AND OCCUPATIONS","CHAPTER 36-21A. REAL ESTATE LICENSING"],"source_url":"https://sdlegislature.gov/Statutes/36-21A-147","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"e7e54797ee42b701ebb5ec14df3e238d128572af7a9dc097e255d56ec006aa36","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-36-21a-146","next":"us-sd/sdcl-36-21a-148"},"notice":"GroundRules: Original legal text. Not legal advice."}