CHAPTER 197

(HB 1149)

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:

     Section  1.  That chapter 36-21A be amended by adding thereto a NEW SECTION to read as follows:

     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.

_______________

Session Laws Menu | LRC Menu

This page is maintained by the Legislative Research Council