South Dakota § 36-21A-147 - Office policies--Relationships--Written disclosure.
Full text of South Dakota South Dakota Codified Laws § 36-21A-147 — Office policies--Relationships--Written disclosure., with citation guidance and answers to common questions.
§ 36-21A-147. Office policies--Relationships--Written disclosure.
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:
(1) Disclose in writing to that person the types of agency and brokerage relationships the broker is offering to that person; and
(2) Provide that person with a written copy of a disclosure on a form prescribed by the commission.
The 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.
After 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.
The commission may prescribe the disclosure form by rules promulgated pursuant to chapter 1-26.
Source: SL 1998, ch 229, § 24.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 36-21A-147
What does South Dakota Codified Laws § 36-21A-147 cover?
Section 36-21A-147 ("Office policies--Relationships--Written disclosure.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 36-21A-147?
A common citation format is "South Dakota Codified Laws § 36-21A-147" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 36-21A-147 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.