Start with the official requirements.
Your regulator is South Dakota Real Estate Commission. Verify eligibility, approved schools, application timing, background checks, fees and any sponsoring-broker requirements directly before committing to a course.
Official regulator ↗- Regulator
- South Dakota Real Estate Commission
- Prelicense education
- 116 hours
- Exam provider
- PSI
- Questions
- 142 questions (90 national + 52 state)
- Time
- 270 minutes
- Passing rule
- 75% on each portion
The steps, in order.
01
Confirm eligibility
Check age, education, background review and other requirements with the regulator.
02
Complete approved education
Confirm the current 116 hours education requirement and approved providers. LicenseIQ does not replace required prelicensing education.
03
Apply and schedule
Follow the regulator’s application and testing authorization sequence; submit required documents and fees. Exact sequencing varies.
04
Prepare and take the exam
Use the PSI candidate handbook for check-in, accommodations, allowed materials and current scoring.
05
Complete license issuance
After passing, complete remaining regulator requirements. Do not practice until the license is issued and active.
06
Maintain your license
Verify post-license education, renewal deadlines and continuing education with the regulator.
Post-license education
60 hrs (30 in each of first two license periods)
Continuing education
24 hrs every 2 yrs
What’s on the state portion?
Topics from your LicenseIQ state course; the official exam outline controls.
- The Real Estate Commission and Licensing4 lessons
- Agency and Brokerage Relationships4 lessons
- Trust Funds, Records and Compensation3 lessons
- Licensee Conduct, Advertising, Discipline and the Recovery Fund4 lessons
- Seller Disclosure, Transfer Fee and Homestead3 lessons
- Leasing, Property Management and Fair Housing3 lessons
Try three practice questions.
Question 1
A purchase agreement fails and both parties claim the $6,000 earnest money. The broker may release it only:
- A. After the broker decides who is right
- B. To the seller after 30 days
- C. To the buyer if the buyer asks first
- D. On written instructions from all parties or a court order
Question 2
A buyer receives the disclosure statement in person after making a written offer. The buyer may terminate by written notice within:
- A. 24 hours
- B. 6 days
- C. 10 days
- D. 3 days
Question 3
If a tenant requests it, a residential landlord must provide an itemized accounting of the deposit within how many days after the tenancy ends?
- A. 14
- B. 21
- C. 45
- D. 90
Catalog facts may change. Verify with primary sources. Explore South Dakota exam prep.