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The multiple choice exam consists of 100 national questions and 57 state-specific questions. The difficulty of each item on the examination for the ?minimally competent practitioner? (MCP) has been previously evaluated. These judgments are averaged to determine the minimum passing score.
For Property Management The Property Manager license is a restricted broker's license pursuant to South Dakota Codified Law (SDCL) 36-21A-47. An applicant for a property manager license must complete an approved 40-hour property management course. The following schools have approved pre-licensing courses.
South Dakota Property Manager Licensing Requirements Citizenship: must be a citizen or legal resident of the U.S. Education: must successfully complete 40 hours of Fundamentals of Property Management. Exam: must pass the property manager exam with a score of 75% or better.
Step #1: Complete the 116-hour South Dakota Real Estate Broker Associate Course. Step #2: Schedule your SD State License Exam. Step #3: Take and Pass the State Licensing Exam. Step #4: Get fingerprinted for background check.
In South Dakota, for example, property managers who handle leasing and negotiations are required to have a Property Management License. Learn more about property management opportunities in our state here.