For the South Dakota broker associate state portion, a nonresident salesperson or broker associate wants to activate practice in South Dakota. Which statement is correct?
Correct Answer
A) The responsible broker must obtain a South Dakota broker license before the nonresident salesperson or broker associate can activate under that broker
The SDREC nonresident page states that if the applicant is a salesperson or broker associate, the responsible broker must obtain a South Dakota broker license. Source basis: South Dakota Real Estate Commission Non-Resident Licensing Information page and SDREC-NONRES APP Rev. 02/2026, checked 2026-04-30: nonresident/equivalent-license applicants register and pass the State Exam, submit a current license-history certificate, original state score report, E&O proof, fingerprints/background check, and application within 60 days; an approved license remains inactive until requested by a responsible broker.
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Related Topics & Key Terms
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Key Terms:
Related Concepts
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Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.
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