South Dakota Property Management Without A License

State:
South Dakota
Control #:
SD-P114-PKG
Format:
Word; 
PDF; 
Rich Text
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Description

This Property Management Package contains the essential forms to assist you in leasing your premises, complying with legal requirements, and keeping relations with your tenants amicable. State-specific forms are included.


The following forms are included in this package:


1. Landlord Tenant Closing Statement to Reconcile Security Deposit


2. Residential Rental Lease Application


3. Residential Rental Lease Agreement


4. Commercial Building or Space Lease


5. Security Deposit Agreement


6. Inventory and Condition of Leased Premises for Pre-Lease and Post-Lease


7. Agreement to Lease Commercial Property with Option to Purchase at End of Lease Term - Rent to Own - Real Estate Rental


8. Lease or Rental Agreement of Residential Property with Option to Purchase and Own Property - Lease or Rent to Own


9. Property Manager Agreement


Purchase of this package is a savings of almost 60% off over purchase of the forms individually!

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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.

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South Dakota Property Management Without A License