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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).
When selling a house in South Dakota, the seller usually pays for the homeowner's title policy. If the buyer wants to purchase an enhanced policy, they will have to pay for the difference between the two policies.
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.
Steps to Sell a House by Owner in South Dakota Price Your Home for Sale. Prep Your House. Market Your Property. Manage Showings. Review, Compare, and Negotiate Offers. Close the Sale with a Professional.
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.