Public-domain · open source
OpenJurist

S.D. Codified Laws § 36-21A-146

Certain information not to be disclosed by transaction broker without written consent

Source: SL 1998, ch 229, § 23.

The following information may not be disclosed by the transaction broker without the informed written consent of the customer:

(1) That a buyer is willing to pay more than the asking price or lease rate offered for the property;

(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 customer, buying, selling, or leasing the property;

(4) That a customer will agree to financing terms other than those offered; and

(5) Any confidential information about a party to the transaction to the other party unless the disclosure is required by statute or rule or failure to disclose the information would constitute misrepresentation.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.