South Dakota Real Estate Practice Exam

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What must be provided to the South Dakota Real Estate Commission when a salesperson changes brokers?

Oral notification

A written notice

When a salesperson changes brokers in South Dakota, it is essential to provide a written notice to the South Dakota Real Estate Commission. This requirement ensures that the Commission is kept informed about the status and affiliation of real estate salespersons, which is crucial for maintaining accurate records and regulating the industry. Written notice serves as a formal communication that documents the change and helps to safeguard the integrity of the real estate licensing system.

Oral notifications, while they may be communicated informally, do not fulfill the formal requirement set forth by the Commission. A new application is unnecessary because the salesperson’s original license remains valid; they simply need to update the Commission on their broker affiliation. Lastly, doing nothing would result in non-compliance with the Commission's regulations, which could lead to disciplinary action or complications for the salesperson's license. Therefore, providing written notice is the correct procedure and maintains professional standards within the industry.

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