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2021 South Dakota Codified Laws
Title 36 - Professions and Occupations
Chapter 21A - Real Estate Licensing
Section 36-21A-138 - Buyer's agent has no fiduciary duty to customer.
Universal Citation: SD Codified L § 36-21A-138 (2021)
36-21A-138. Buyer's agent has no fiduciary duty to customer.
No licensee acting as a buyer's or tenant's agent owes any fiduciary duty or obligation to a customer. A licensee shall provide disclosure of all adverse material facts known by the licensee to any customer.
No buyer's or tenant's agent owes any duty to conduct an independent investigation of the client's financial condition.
Source: SL 1998, ch 229, ยง15.
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