Without the express written authority of the buyer or tenant, no licensee acting as a buyer’s or tenant’s agent may disclose any confidential information about the client unless disclosure is required by statute or rule or failure to disclose the information would constitute misrepresentation. No cause of action for any person may arise against a licensee acting as a buyer’s or tenant’s agent for making any required or permitted disclosure.

A buyer’s agent does not terminate the buyer’s agency relationship by making any required or permitted disclosures.

Terms Used In South Dakota Codified Laws 36-21A-137

  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Statute: A law passed by a legislature.
  • written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2

Source: SL 1998, ch 229, § 14.