S.D. Codified Laws § 36-21A-145

Current through the 2024 Legislative Session
Section 36-21A-145 - Transaction broker not responsible for-Independent inspections-Statements by seller-Finances

No licensee acting as a transaction broker has any duty to:

(1) Conduct an independent inspection of the property for the benefit of any party to the transaction;
(2) Independently verify the accuracy or completeness of statements made by the seller, landlord, buyer, tenant, or qualified third-party inspector; or
(3) Conduct an independent investigation of the buyer's or tenant's financial condition.

SDCL 36-21A-145

SL 1998, ch 229, §22.