South Dakota Property Management Without A License
Description
How to fill out South Dakota Property Management Package?
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FAQ
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.
Property owners using property as housing rentals are required by ordinance 150.175 to register and obtain a permit from the City to use such property as residential unit(s).
Reciprocity: South Dakota has full real estate license reciprocity with any other state as long as you pass the state portion of the South Dakota broker examination. Portability: Cooperative.
Hear this out loud PauseYes, South Dakota is a landlord-friendly state.