Residential rental agent, defined.
ENTITLED, An Act
define the term, residential rental agent.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
That chapter 36-21A be amended by adding thereto a NEW SECTION to read as
For the purposes of this chapter, a residential rental agent is any person who for compensation
or consideration is associated with a real estate broker or property manager to negotiate or attempt
to negotiate the rental or leasing of residential property, or collect rents or attempt to collect rents.
The Real Estate Commission may promulgate rules pursuant to chapter 1-26 to establish
requirements for licensing a residential rental agent.
Signed February 28, 2000.