Section 36-21A-150 - Duties of broker or licensee after transaction finished. - South-dakota Statutes

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Statutes > South-dakota > Title-36 > Chapter-21a > Statute-36-21a-150

36-21A-150. Duties of broker or licensee after transaction finished. Unless otherwise provided in the agreement or by law, no broker and licensee associated with that broker engaged as a seller's/landlord's or buyer's/tenant's agent, subagent, limited agent, or transaction broker owes any further duty or obligation to a client or customer after termination, expiration, completion, or performance of the agency or brokerage agreement, except for the following duties:
(1) Accounting for all moneys and property related to and received during the engagement; and
(2) Keeping confidential all information received during the course of the engagement.

Source: SL 1998, ch 229, § 27.

State Codes and Statutes

Statutes > South-dakota > Title-36 > Chapter-21a > Statute-36-21a-150

36-21A-150. Duties of broker or licensee after transaction finished. Unless otherwise provided in the agreement or by law, no broker and licensee associated with that broker engaged as a seller's/landlord's or buyer's/tenant's agent, subagent, limited agent, or transaction broker owes any further duty or obligation to a client or customer after termination, expiration, completion, or performance of the agency or brokerage agreement, except for the following duties:
(1) Accounting for all moneys and property related to and received during the engagement; and
(2) Keeping confidential all information received during the course of the engagement.

Source: SL 1998, ch 229, § 27.

State Codes and Statutes

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State Codes and Statutes

Statutes > South-dakota > Title-36 > Chapter-21a > Statute-36-21a-150

36-21A-150. Duties of broker or licensee after transaction finished. Unless otherwise provided in the agreement or by law, no broker and licensee associated with that broker engaged as a seller's/landlord's or buyer's/tenant's agent, subagent, limited agent, or transaction broker owes any further duty or obligation to a client or customer after termination, expiration, completion, or performance of the agency or brokerage agreement, except for the following duties:
(1) Accounting for all moneys and property related to and received during the engagement; and
(2) Keeping confidential all information received during the course of the engagement.

Source: SL 1998, ch 229, § 27.