South Dakota Property Management For Rapid City
Description
How to fill out South Dakota Property Management Package?
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FAQ
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).
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.
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.
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.
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.