In South Dakota real estate licensing, a registered candidate misses the scheduled South Dakota licensing examination appointment. What should the candidate remember?
Correct Answer
B) The candidate forfeits the examination fee and must register again to take the examination
ARSD 20:69:03:05 states that a person who fails to appear for the examination forfeits the fee and must register again. Source basis: SDREC License Law Book / ARSD 20:69:03:02, 20:69:03:04, 20:69:03:04.01, 20:69:03:05, 20:69:03:07, checked 2026-04-30: proof of education must accompany a license-by-exam application; prerequisite education must be completed before exam registration; failure to appear forfeits the exam fee and requires re-registration; passing score is 75.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.
Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.
Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.
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