law
South Dakota Real Estate Commission (SDREC)
The South Dakota Real Estate Commission, within the Department of Labor and Regulation, administers the Real Estate Licensing Act (SDCL 36-21A) and rules in ARSD 20:69. It has five members appointed by the Governor, three active brokers and two public members, serving three-year terms with a limit of three consecutive full terms. It licenses brokers, property managers, rental agents, auctioneers, and home inspectors, and may revoke, suspend, reprimand, or fine up to $2,500. Criminal violations of the Act are Class 1 misdemeanors.
- Exam tip
- '5-3-2-3-3' plus the $2,500 fine. Do not confuse the administrative fine cap with the criminal penalty, which is a Class 1 misdemeanor.
- Example
- A broker appointed to fill the last 18 months of a vacant seat may still serve three consecutive full terms afterward, because the partial term does not count.
Related terms & state variants
Sources
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Last verified: 2026-10-23