ARSD 20:69:16:09
ARSD 20:69:16:09. Responsible broker or designated broker appointing team to exclusively represent client -- Licensee within team representing both parties to same transaction
Cite as S.D. Admin. R. 20:69:16:09
If a responsible broker or designated broker appoints a licensee who performs real estate transactions within a team of licensees associated with the same responsible broker, the responsible broker or designated broker must appoint every licensee within the team to exclusively represent the same client. If any licensee within the team represents both parties to the same transaction, a limited agency relationship exists.