South Dakota Codified Laws 36-21A-141. Certain information not to be disclosed by limited agent without written consent
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The following information may not be disclosed by a limited agent without the informed written consent of the client to whom the information pertains:
(1) That a buyer is willing to pay more than the asking price or lease rate offered for the property;
Terms Used In South Dakota Codified Laws 36-21A-141
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
- 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
(2) That a seller is willing to accept less than the asking price or lease rate for the property;
(3) What the motivating factors are for any client, buying, selling, or leasing the property; and
(4) That a client will agree to financing terms other than those offered.
Source: SL 1998, ch 229, § 18.