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ARSD 20:69:03 – Licensing and Licenses | Midpage
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Administrative Rules of South Dakota
Title 20
20:69
Chapter 20:69:03
ARSD 20:69:03
Licensing and Licenses
20:69:03:01
Application for license by examination.
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Proof of education to accompany application.
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Proof of passing score to accompany application.
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Authority to take examination.
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Registering for examination.
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Failure to appear for examination.
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Administration of examination.
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Testing service.
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Passing score on licensing examination.
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Cheating on examination.
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Reinstatement of licensees discharged from armed forces.
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Application fee -- Brokers and salespersons.
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Application fee -- Firm license.
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Registration fee -- Broker or associate licensee business corporation or limited liability company.
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Biennial renewal fee -- Broker.
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Biennial renewal fee -- Salesperson.
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Biennial renewal fee -- Firm.
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Office management.
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Commission split -- Out-of-state.
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Advance compensation.
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Nonresident licensee as applicant -- Certificate of licensure required.
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Nonresident licensee -- Renewal of license on active status -- Certificate of licensure required.
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Supervising broker to be licensed in South Dakota.
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South Dakota resident licensed as salesperson by examination in another state -- Requirements for obtaining a broker associate license in South Dakota.
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Nonresident salesperson licensed in South Dakota -- Time to qualify for broker associate license upon establishing residency in state.
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Fees -- Certification of licensure, additional license, duplicate license, and transfer of license.
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Late renewal fee.