Seller's agent has no fiduciary duty to customer
Applied in 1 court decision — leading case Fuller v. Croston (2006)
Most recently applied in Fuller v. Croston (December 2006)
Source: SL 1998, ch 229, § 11.
No licensee acting as a seller's or landlord's agent owes any fiduciary duty or obligation to a customer. A licensee shall provide disclosure of all adverse material facts known by the licensee to any customer.
No seller's or landlord's agent owes any duty to conduct an independent inspection of the property.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.