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South Dakota Real Estate Broker — Requirements & Free Practice

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Broker Associate

A real estate broker acting in association with or under a responsible broker.

Licensing authority: South Dakota Real Estate Commission · Application information

Activation of an existing inactive license
No examination is required for this applicant pathway.
Education
Complete applicable continuing education within the current licensing period or preceding two years; complete any outstanding initial-cycle postlicensing education. Time-share agents are exempt from continuing education; nonresident activation uses the certificate requirements in ARSD 20:69:11:04.01.
Insurance
Provide errors and omissions coverage where required; time-share agents are excepted under ARSD 20:69:15:04.
Supervision
Secure the responsible broker or property manager association required by the license class before practice.

Official no-examination sources

Effective from 2026-09-22.

Biennial renewal on active status
No examination is required for this applicant pathway.
Continuing education
24 approved continuing education hours, at least 12 in required subject matter; broker associates in their first two active cycles complete the applicable 30-hour postlicensing requirement.
Insurance
Provide errors and omissions coverage where required; time-share agents and firm entities have no separate individual policy requirement in the Board renewal table.
Nonresident
Nonresident brokers and broker associates submit a current certificate of active good standing and no pending complaint under ARSD 20:69:03:22.01; nonresident continuing education is governed by ARSD 20:69:11:04.01.
Renewal
Renew every two years; application due November 30 of expiration year.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement after suspension or revocation
No examination is required for this applicant pathway.
Commission conditions
Meet conditions imposed by the Commission under SDCL 36-21A-50, including any restitution, reports, fines, costs and monetary penalties. The provision identifies no currently offered licensing examination for this reinstatement.
Eligibility
Other applicable statutory licensure restrictions and active status requirements continue to apply.
Recovery fund
If suspension follows recovery-fund payment, repay the amount plus statutory interest before reinstatement under SDCL 36-21A-114.

Official no-examination sources

Effective from 2026-09-22.

Initial licensure by examination
Active status insurance
Active licensees must provide errors and omissions coverage under SDCL 36-21A-119 and ARSD 20:69:15:02.
Age
At least 18 years old.
Application window
File the application and required documentation within 60 days of written notice of passing the examination under SDCL 36-21A-36.1.
Background check
Submit to state and federal fingerprint-based criminal background investigation under SDCL 36-21A-151.
Character and competence
Reputable character and competence; statutory application rejection, revocation, conviction, misstatement and unpaid-judgment restrictions apply under SDCL 36-21A-30 and 33.
Citizenship or residence
United States citizen or South Dakota resident, except as otherwise provided by the chapter.
Course assessment
Complete the required prelicensing school examinations. The provider-specific school assessment is an education condition; the sources identify no single statewide school examination identity.
Postlicensing
Complete 30 approved education hours in each of the first two active licensing cycles under SDCL 36-21A-30.2.
Prelicensing education
Complete the approved 116-hour broker associate course before registration and testing; proof of completion within two years accompanies the application.
Supervision
Associate with a South Dakota-licensed responsible broker before conducting business.
Reapplication after the late renewal deadline
Active status insurance
Active licensees must provide errors and omissions coverage under SDCL 36-21A-119 and ARSD 20:69:15:02.
Age
At least 18 years old.
Application window
File the application and required documentation within 60 days of written notice of passing the examination under SDCL 36-21A-36.1.
Background check
Submit to state and federal fingerprint-based criminal background investigation under SDCL 36-21A-151.
Character and competence
Reputable character and competence; statutory application rejection, revocation, conviction, misstatement and unpaid-judgment restrictions apply under SDCL 36-21A-30 and 33.
Citizenship or residence
United States citizen or South Dakota resident, except as otherwise provided by the chapter.
Expiration
Existing license invalid after June 30 without completed renewal; restart application process with required prelicensing education and examinations.
Responsible qualification
Responsible broker applicants also satisfy SDCL 36-21A-31 and the responsible course where applicable.
Biennial renewal on inactive status
No examination is required for this applicant pathway.
Education and insurance
Inactive individual licensees need not provide continuing education or errors and omissions insurance until activation.
Practice
Do not conduct licensed activities on inactive status.
Renewal
Submit biennial renewal application and fee, identifying inactive status.

Official no-examination sources

Effective from 2026-09-22.

Late renewal through June 30
No examination is required for this applicant pathway.
Deadline
Late renewal accepted through June 30 following the expiration year with accumulated late fee.
Other requirements
Satisfy the active or inactive renewal requirements applicable to the requested status.
Practice
No licensed activities until the Commission renews the license.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement after United States armed forces service
No examination is required for this applicant pathway.
Education
Commission may waive continuing education accrued during service.
Exemption
SDCL 36-21A-67 expressly permits reinstatement without examination.
Prior license
Previously licensed with registration lapsing during United States armed forces service.
Separation
Separation other than dishonorable discharge; application within six months with discharge or separation papers.

Official no-examination sources

Effective from 2026-09-22.

Equivalent licensure on moving to South Dakota
South Dakota Real Estate Broker Associate Examination — State Portion
Active status insurance
Active licensees must provide errors and omissions coverage under SDCL 36-21A-119 and ARSD 20:69:15:02.
Age
At least 18 years old.
Application window
File the application and required documentation within 60 days of written notice of passing the examination under SDCL 36-21A-36.1.
Background check
Submit to state and federal fingerprint-based criminal background investigation under SDCL 36-21A-151.
Board page statement
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Certificate
Provide certificate of active good standing and no pending complaint completed within 30 days before the application, plus Board-requested license history from every jurisdiction of licensure.
Character and competence
Reputable character and competence; statutory application rejection, revocation, conviction, misstatement and unpaid-judgment restrictions apply under SDCL 36-21A-30 and 33.
Citizenship or residence
United States citizen or South Dakota resident, except as otherwise provided by the chapter.
Nonresident privileges
SDCL 36-21A-54 recognizes qualifying nonresident licenses and applies reciprocal requirements; another jurisdiction requirements are conditions, never this state examination leaves.
Other jurisdiction license
Hold an active equivalent license and have passed the real estate licensing examination in that same licensing jurisdiction. That other jurisdiction examination is an applicant condition under this contract.
Residency change
Applicant holds an active license in the previous jurisdiction of residence and is moving or has moved to South Dakota.
Nonresident licensure by examination reciprocity
South Dakota Real Estate Broker Associate Examination — State Portion
Active status insurance
Active licensees must provide errors and omissions coverage under SDCL 36-21A-119 and ARSD 20:69:15:02.
Age
At least 18 years old.
Application window
File the application and required documentation within 60 days of written notice of passing the examination under SDCL 36-21A-36.1.
Background check
Submit to state and federal fingerprint-based criminal background investigation under SDCL 36-21A-151.
Certificate
Provide certificate of active good standing and no pending complaint completed within 30 days before the application, plus Board-requested license history from every jurisdiction of licensure.
Character and competence
Reputable character and competence; statutory application rejection, revocation, conviction, misstatement and unpaid-judgment restrictions apply under SDCL 36-21A-30 and 33.
Citizenship or residence
United States citizen or South Dakota resident, except as otherwise provided by the chapter.
Nonresident privileges
SDCL 36-21A-54 recognizes qualifying nonresident licenses and applies reciprocal requirements; another jurisdiction requirements are conditions, never this state examination leaves.
Other jurisdiction license
Hold an active equivalent license and have passed the real estate licensing examination in that same licensing jurisdiction. That other jurisdiction examination is an applicant condition under this contract.
Supervising broker
The responsible broker must hold a South Dakota broker license.
South Dakota resident licensed as salesperson elsewhere
South Dakota Real Estate Broker Associate Examination — State Portion
Active status insurance
Active licensees must provide errors and omissions coverage under SDCL 36-21A-119 and ARSD 20:69:15:02.
Age
At least 18 years old.
Application window
File the application and required documentation within 60 days of written notice of passing the examination under SDCL 36-21A-36.1.
Background check
Submit to state and federal fingerprint-based criminal background investigation under SDCL 36-21A-151.
Certificate
Provide certificate of active good standing and no pending complaint completed within 30 days before the application, plus Board-requested license history from every jurisdiction of licensure.
Character and competence
Reputable character and competence; statutory application rejection, revocation, conviction, misstatement and unpaid-judgment restrictions apply under SDCL 36-21A-30 and 33.
Citizenship or residence
United States citizen or South Dakota resident, except as otherwise provided by the chapter.
Education
Complete the approved 40-hour broker associate upgrade course required by ARSD 20:69:03:24 and 20:69:04:03.
Nonresident privileges
SDCL 36-21A-54 recognizes qualifying nonresident licenses and applies reciprocal requirements; another jurisdiction requirements are conditions, never this state examination leaves.
Other jurisdiction license
Hold an active equivalent license and have passed the real estate licensing examination in that same licensing jurisdiction. That other jurisdiction examination is an applicant condition under this contract.

auctioneer's license

Restricted broker authorized to conduct real estate auctions.

Licensing authority: South Dakota Real Estate Commission · Application information

Activation of an existing inactive license
No examination is required for this applicant pathway.
Education
Complete applicable continuing education within the current licensing period or preceding two years; complete any outstanding initial-cycle postlicensing education. Time-share agents are exempt from continuing education; nonresident activation uses the certificate requirements in ARSD 20:69:11:04.01.
Insurance
Provide errors and omissions coverage where required; time-share agents are excepted under ARSD 20:69:15:04.
Supervision
Secure the responsible broker or property manager association required by the license class before practice.

Official no-examination sources

Effective from 2026-09-22.

Biennial renewal on active status
No examination is required for this applicant pathway.
Continuing education
24 approved continuing education hours, at least 12 in required subject matter; broker associates in their first two active cycles complete the applicable 30-hour postlicensing requirement.
Insurance
Provide errors and omissions coverage where required; time-share agents and firm entities have no separate individual policy requirement in the Board renewal table.
Nonresident
Nonresident brokers and broker associates submit a current certificate of active good standing and no pending complaint under ARSD 20:69:03:22.01; nonresident continuing education is governed by ARSD 20:69:11:04.01.
Renewal
Renew every two years; application due November 30 of expiration year.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement after suspension or revocation
No examination is required for this applicant pathway.
Commission conditions
Meet conditions imposed by the Commission under SDCL 36-21A-50, including any restitution, reports, fines, costs and monetary penalties. The provision identifies no currently offered licensing examination for this reinstatement.
Eligibility
Other applicable statutory licensure restrictions and active status requirements continue to apply.
Recovery fund
If suspension follows recovery-fund payment, repay the amount plus statutory interest before reinstatement under SDCL 36-21A-114.

Official no-examination sources

Effective from 2026-09-22.

Biennial renewal on inactive status
No examination is required for this applicant pathway.
Education and insurance
Inactive individual licensees need not provide continuing education or errors and omissions insurance until activation.
Practice
Do not conduct licensed activities on inactive status.
Renewal
Submit biennial renewal application and fee, identifying inactive status.

Official no-examination sources

Effective from 2026-09-22.

Late renewal through June 30
No examination is required for this applicant pathway.
Deadline
Late renewal accepted through June 30 following the expiration year with accumulated late fee.
Other requirements
Satisfy the active or inactive renewal requirements applicable to the requested status.
Practice
No licensed activities until the Commission renews the license.

Official no-examination sources

Effective from 2026-09-22.

Existing real estate broker without additional examination
No examination is required for this applicant pathway.
Application
Apply for the restricted license and comply with its authorized activity limitations and other applicable requirements.
Prior license
Hold a real estate broker license. The specific administrative rule permits this restricted license without examination.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement after United States armed forces service
No examination is required for this applicant pathway.
Education
Commission may waive continuing education accrued during service.
Exemption
SDCL 36-21A-67 expressly permits reinstatement without examination.
Prior license
Previously licensed with registration lapsing during United States armed forces service.
Separation
Separation other than dishonorable discharge; application within six months with discharge or separation papers.

Official no-examination sources

Effective from 2026-09-22.

Real Estate Firm License

License for a real estate firm represented by a responsible broker who signs its application.

Licensing authority: South Dakota Real Estate Commission · Application information

Biennial renewal on active status
No examination is required for this applicant pathway.
Continuing education
No individual continuing education requirement applies to the firm or time-share agent.
Insurance
Provide errors and omissions coverage where required; time-share agents and firm entities have no separate individual policy requirement in the Board renewal table.
Nonresident
Nonresident brokers and broker associates submit a current certificate of active good standing and no pending complaint under ARSD 20:69:03:22.01; nonresident continuing education is governed by ARSD 20:69:11:04.01.
Renewal
Renew every two years; application due November 30 of expiration year.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement after suspension or revocation
No examination is required for this applicant pathway.
Commission conditions
Meet conditions imposed by the Commission under SDCL 36-21A-50, including any restitution, reports, fines, costs and monetary penalties. The provision identifies no currently offered licensing examination for this reinstatement.
Eligibility
Other applicable statutory licensure restrictions and active status requirements continue to apply.
Recovery fund
If suspension follows recovery-fund payment, repay the amount plus statutory interest before reinstatement under SDCL 36-21A-114.

Official no-examination sources

Effective from 2026-09-22.

Domestic real estate firm application
No examination is required for this applicant pathway.
Application
Original signed firm application, application fee, entity information and Secretary of State registration/good-standing proof.
Nonresident certificate
If an out-of-state firm, include a certificate of licensure issued within 30 days of application.
Responsible licensee
Entity must designate its licensed responsible broker, auctioneer or property manager; the responsible individual examination history is a condition, not a firm examination.

Official no-examination sources

Effective from 2026-09-22.

Firm reapplication after expiration
No examination is required for this applicant pathway.
Entity qualification
Restart the firm application with its designated licensed responsible representative and applicable entity documents; no firm examination is identified.

Official no-examination sources

Effective from 2026-09-22.

Biennial renewal on inactive status
No examination is required for this applicant pathway.
Education and insurance
Inactive individual licensees need not provide continuing education or errors and omissions insurance until activation.
Practice
Do not conduct licensed activities on inactive status.
Renewal
Submit biennial renewal application and fee, identifying inactive status.

Official no-examination sources

Effective from 2026-09-22.

Late renewal through June 30
No examination is required for this applicant pathway.
Deadline
Late renewal accepted through June 30 following the expiration year with accumulated late fee.
Other requirements
Satisfy the active or inactive renewal requirements applicable to the requested status.
Practice
No licensed activities until the Commission renews the license.

Official no-examination sources

Effective from 2026-09-22.

Nonresident real estate firm application
No examination is required for this applicant pathway.
Application
Original signed firm application, application fee, entity information and Secretary of State registration/good-standing proof.
Nonresident certificate
If an out-of-state firm, include a certificate of licensure issued within 30 days of application.
Responsible licensee
Entity must designate its licensed responsible broker, auctioneer or property manager; the responsible individual examination history is a condition, not a firm examination.

Official no-examination sources

Effective from 2026-09-22.

property manager license

Restricted broker authorized to manage property.

Licensing authority: South Dakota Real Estate Commission · Application information

Activation of an existing inactive license
No examination is required for this applicant pathway.
Education
Complete applicable continuing education within the current licensing period or preceding two years; complete any outstanding initial-cycle postlicensing education. Time-share agents are exempt from continuing education; nonresident activation uses the certificate requirements in ARSD 20:69:11:04.01.
Insurance
Provide errors and omissions coverage where required; time-share agents are excepted under ARSD 20:69:15:04.
Supervision
Secure the responsible broker or property manager association required by the license class before practice.

Official no-examination sources

Effective from 2026-09-22.

Biennial renewal on active status
No examination is required for this applicant pathway.
Continuing education
24 approved continuing education hours, at least 12 in required subject matter, except that property managers licensed after January 1, 2019 must provide the Commission proof of at least 30 approved continuing education hours in the initial licensing cycle, in subject areas under ARSD 20:69:11:01.05. After completing initial-cycle continuing education, property managers are subject to ARSD 20:69:11:02. Broker associates in their first two active cycles complete the applicable 30-hour postlicensing requirement.
Insurance
Provide errors and omissions coverage where required; time-share agents and firm entities have no separate individual policy requirement in the Board renewal table.
Nonresident
Nonresident brokers and broker associates submit a current certificate of active good standing and no pending complaint under ARSD 20:69:03:22.01; nonresident continuing education is governed by ARSD 20:69:11:04.01.
Renewal
Renew every two years; application due November 30 of expiration year.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement after suspension or revocation
No examination is required for this applicant pathway.
Commission conditions
Meet conditions imposed by the Commission under SDCL 36-21A-50, including any restitution, reports, fines, costs and monetary penalties. The provision identifies no currently offered licensing examination for this reinstatement.
Eligibility
Other applicable statutory licensure restrictions and active status requirements continue to apply.
Recovery fund
If suspension follows recovery-fund payment, repay the amount plus statutory interest before reinstatement under SDCL 36-21A-114.

Official no-examination sources

Effective from 2026-09-22.

Biennial renewal on inactive status
No examination is required for this applicant pathway.
Education and insurance
Inactive individual licensees need not provide continuing education or errors and omissions insurance until activation.
Practice
Do not conduct licensed activities on inactive status.
Renewal
Submit biennial renewal application and fee, identifying inactive status.

Official no-examination sources

Effective from 2026-09-22.

Late renewal through June 30
No examination is required for this applicant pathway.
Deadline
Late renewal accepted through June 30 following the expiration year with accumulated late fee.
Other requirements
Satisfy the active or inactive renewal requirements applicable to the requested status.
Practice
No licensed activities until the Commission renews the license.

Official no-examination sources

Effective from 2026-09-22.

Existing real estate broker without additional examination
No examination is required for this applicant pathway.
Application
Apply for the restricted license and comply with its authorized activity limitations and other applicable requirements.
Prior license
Hold a real estate broker license. The specific administrative rule permits this restricted license without examination.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement after United States armed forces service
No examination is required for this applicant pathway.
Education
Commission may waive continuing education accrued during service.
Exemption
SDCL 36-21A-67 expressly permits reinstatement without examination.
Prior license
Previously licensed with registration lapsing during United States armed forces service.
Separation
Separation other than dishonorable discharge; application within six months with discharge or separation papers.

Official no-examination sources

Effective from 2026-09-22.

residential rental agent license

Restricted broker acting under a broker or property manager in residential rentals.

Licensing authority: South Dakota Real Estate Commission · Application information

Activation of an existing inactive license
No examination is required for this applicant pathway.
Education
Complete applicable continuing education within the current licensing period or preceding two years; complete any outstanding initial-cycle postlicensing education. Time-share agents are exempt from continuing education; nonresident activation uses the certificate requirements in ARSD 20:69:11:04.01.
Insurance
Provide errors and omissions coverage where required; time-share agents are excepted under ARSD 20:69:15:04.
Supervision
Secure the responsible broker or property manager association required by the license class before practice.

Official no-examination sources

Effective from 2026-09-22.

Biennial renewal on active status
No examination is required for this applicant pathway.
Continuing education
12 hours relevant to residential rental practice.
Insurance
Provide errors and omissions coverage where required; time-share agents and firm entities have no separate individual policy requirement in the Board renewal table.
Nonresident
Nonresident brokers and broker associates submit a current certificate of active good standing and no pending complaint under ARSD 20:69:03:22.01; nonresident continuing education is governed by ARSD 20:69:11:04.01.
Renewal
Renew every two years; application due November 30 of expiration year.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement after suspension or revocation
No examination is required for this applicant pathway.
Commission conditions
Meet conditions imposed by the Commission under SDCL 36-21A-50, including any restitution, reports, fines, costs and monetary penalties. The provision identifies no currently offered licensing examination for this reinstatement.
Eligibility
Other applicable statutory licensure restrictions and active status requirements continue to apply.
Recovery fund
If suspension follows recovery-fund payment, repay the amount plus statutory interest before reinstatement under SDCL 36-21A-114.

Official no-examination sources

Effective from 2026-09-22.

Residential rental reapplication after expiration
No examination is required for this applicant pathway.
Expired license
Submit a new application and fee after the renewal period has ended. The license-specific rule expressly permits approval without education or examination.

Official no-examination sources

Effective from 2026-09-22.

Biennial renewal on inactive status
No examination is required for this applicant pathway.
Education and insurance
Inactive individual licensees need not provide continuing education or errors and omissions insurance until activation.
Practice
Do not conduct licensed activities on inactive status.
Renewal
Submit biennial renewal application and fee, identifying inactive status.

Official no-examination sources

Effective from 2026-09-22.

Residential rental agent by application without examination
No examination is required for this applicant pathway.
Application
Commission approval and required fee; no education or examination under ARSD 20:69:14.01:05.
Background check
Fingerprint-based state and federal background investigation under SDCL 36-21A-151.
Supervision
Direct supervision by a licensed property manager or real estate broker.

Official no-examination sources

Effective from 2026-09-22.

Late renewal through June 30
No examination is required for this applicant pathway.
Deadline
Late renewal accepted through June 30 following the expiration year with accumulated late fee.
Other requirements
Satisfy the active or inactive renewal requirements applicable to the requested status.
Practice
No licensed activities until the Commission renews the license.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement after United States armed forces service
No examination is required for this applicant pathway.
Education
Commission may waive continuing education accrued during service.
Exemption
SDCL 36-21A-67 expressly permits reinstatement without examination.
Prior license
Previously licensed with registration lapsing during United States armed forces service.
Separation
Separation other than dishonorable discharge; application within six months with discharge or separation papers.

Official no-examination sources

Effective from 2026-09-22.

Responsible Broker

Broker responsible for the activities of associated licensees.

Licensing authority: South Dakota Real Estate Commission · Application information

Activation of an existing inactive license
No examination is required for this applicant pathway.
Education
Complete applicable continuing education within the current licensing period or preceding two years; complete any outstanding initial-cycle postlicensing education. Time-share agents are exempt from continuing education; nonresident activation uses the certificate requirements in ARSD 20:69:11:04.01.
Insurance
Provide errors and omissions coverage where required; time-share agents are excepted under ARSD 20:69:15:04.
Supervision
Secure the responsible broker or property manager association required by the license class before practice.

Official no-examination sources

Effective from 2026-09-22.

Biennial renewal on active status
No examination is required for this applicant pathway.
Continuing education
24 approved continuing education hours, at least 12 in required subject matter; broker associates in their first two active cycles complete the applicable 30-hour postlicensing requirement.
Insurance
Provide errors and omissions coverage where required; time-share agents and firm entities have no separate individual policy requirement in the Board renewal table.
Nonresident
Nonresident brokers and broker associates submit a current certificate of active good standing and no pending complaint under ARSD 20:69:03:22.01; nonresident continuing education is governed by ARSD 20:69:11:04.01.
Renewal
Renew every two years; application due November 30 of expiration year.

Official no-examination sources

Effective from 2026-09-22.

South Dakota attorney licensure without examination
No examination is required for this applicant pathway.
Lower rank course examination
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Professional license
Attorney admitted to practice in South Dakota who holds out or solicits real estate business; may obtain a real estate license without examination under SDCL 36-21A-29(7).
Remaining requirements
Otherwise subject to chapter 36-21A, including applicable experience, education, application and insurance requirements.

Official no-examination sources

Effective from 2026-09-22.

Conditional responsible broker approval with deferred course
Active status insurance
Active licensees must provide errors and omissions coverage under SDCL 36-21A-119 and ARSD 20:69:15:02.
Age
At least 18 years old.
Alternative course credit
The Commission may credit similar approved real estate education under ARSD 20:69:04:06.
Application window
File the application and required documentation within 60 days of written notice of passing the examination under SDCL 36-21A-36.1.
Background check
Submit to state and federal fingerprint-based criminal background investigation under SDCL 36-21A-151.
Character and competence
Reputable character and competence; statutory application rejection, revocation, conviction, misstatement and unpaid-judgment restrictions apply under SDCL 36-21A-30 and 33.
Citizenship or residence
United States citizen or South Dakota resident, except as otherwise provided by the chapter.
Deferred course
Commission or executive director may approve an otherwise-qualified applicant conditioned on furnishing completion of the 24 additional class hours within six months of approval. The examination remains a leaf despite the deferred timing.
Pre 1996 exception
A broker licensed before July 1, 1996 is exempt from SDCL 36-21A-31 requirements; this is an applicant condition.
Prior active experience
Serve actively for two years as a salesperson or broker associate, or a combination.
Prior broker examination
The currently offered PSI national broker and South Dakota broker state examinations remain leaves even when passed before applying for responsible broker status.
Responsible course
Complete the approved 24-hour responsible broker course and its final examination; complete the broker associate prelicensing or upgrade course before enrolling.
Reinstatement after suspension or revocation
No examination is required for this applicant pathway.
Commission conditions
Meet conditions imposed by the Commission under SDCL 36-21A-50, including any restitution, reports, fines, costs and monetary penalties. The provision identifies no currently offered licensing examination for this reinstatement.
Eligibility
Other applicable statutory licensure restrictions and active status requirements continue to apply.
Recovery fund
If suspension follows recovery-fund payment, repay the amount plus statutory interest before reinstatement under SDCL 36-21A-114.

Official no-examination sources

Effective from 2026-09-22.

Responsible broker qualification following broker associate licensure
Active status insurance
Active licensees must provide errors and omissions coverage under SDCL 36-21A-119 and ARSD 20:69:15:02.
Age
At least 18 years old.
Alternative course credit
The Commission may credit similar approved real estate education under ARSD 20:69:04:06.
Application window
File the application and required documentation within 60 days of written notice of passing the examination under SDCL 36-21A-36.1.
Background check
Submit to state and federal fingerprint-based criminal background investigation under SDCL 36-21A-151.
Character and competence
Reputable character and competence; statutory application rejection, revocation, conviction, misstatement and unpaid-judgment restrictions apply under SDCL 36-21A-30 and 33.
Citizenship or residence
United States citizen or South Dakota resident, except as otherwise provided by the chapter.
Pre 1996 exception
A broker licensed before July 1, 1996 is exempt from SDCL 36-21A-31 requirements; this is an applicant condition.
Prior active experience
Serve actively for two years as a salesperson or broker associate, or a combination.
Prior broker examination
The currently offered PSI national broker and South Dakota broker state examinations remain leaves even when passed before applying for responsible broker status.
Responsible course
Complete the approved 24-hour responsible broker course and its final examination; complete the broker associate prelicensing or upgrade course before enrolling.
Responsible broker with experience waiver
Active status insurance
Active licensees must provide errors and omissions coverage under SDCL 36-21A-119 and ARSD 20:69:15:02.
Age
At least 18 years old.
Alternative course credit
The Commission may credit similar approved real estate education under ARSD 20:69:04:06.
Application window
File the application and required documentation within 60 days of written notice of passing the examination under SDCL 36-21A-36.1.
Background check
Submit to state and federal fingerprint-based criminal background investigation under SDCL 36-21A-151.
Character and competence
Reputable character and competence; statutory application rejection, revocation, conviction, misstatement and unpaid-judgment restrictions apply under SDCL 36-21A-30 and 33.
Citizenship or residence
United States citizen or South Dakota resident, except as otherwise provided by the chapter.
Experience waiver
Commission may waive the two-year experience requirement after three good-faith refusals of association within 60 days; applicant refusal does not qualify, subject to the statutory unfair-contract and relocation protections.
Pre 1996 exception
A broker licensed before July 1, 1996 is exempt from SDCL 36-21A-31 requirements; this is an applicant condition.
Prior active experience
Serve actively for two years as a salesperson or broker associate, or a combination.
Prior broker examination
The currently offered PSI national broker and South Dakota broker state examinations remain leaves even when passed before applying for responsible broker status.
Responsible course
Complete the approved 24-hour responsible broker course and its final examination; complete the broker associate prelicensing or upgrade course before enrolling.
Reapplication after the late renewal deadline
Active status insurance
Active licensees must provide errors and omissions coverage under SDCL 36-21A-119 and ARSD 20:69:15:02.
Age
At least 18 years old.
Application window
File the application and required documentation within 60 days of written notice of passing the examination under SDCL 36-21A-36.1.
Background check
Submit to state and federal fingerprint-based criminal background investigation under SDCL 36-21A-151.
Character and competence
Reputable character and competence; statutory application rejection, revocation, conviction, misstatement and unpaid-judgment restrictions apply under SDCL 36-21A-30 and 33.
Citizenship or residence
United States citizen or South Dakota resident, except as otherwise provided by the chapter.
Expiration
Existing license invalid after June 30 without completed renewal; restart application process with required prelicensing education and examinations.
Responsible qualification
Responsible broker applicants also satisfy SDCL 36-21A-31 and the responsible course where applicable.
Responsible broker qualification after salesperson upgrade
Active status insurance
Active licensees must provide errors and omissions coverage under SDCL 36-21A-119 and ARSD 20:69:15:02.
Age
At least 18 years old.
Alternative course credit
The Commission may credit similar approved real estate education under ARSD 20:69:04:06.
Application window
File the application and required documentation within 60 days of written notice of passing the examination under SDCL 36-21A-36.1.
Background check
Submit to state and federal fingerprint-based criminal background investigation under SDCL 36-21A-151.
Character and competence
Reputable character and competence; statutory application rejection, revocation, conviction, misstatement and unpaid-judgment restrictions apply under SDCL 36-21A-30 and 33.
Citizenship or residence
United States citizen or South Dakota resident, except as otherwise provided by the chapter.
Pre 1996 exception
A broker licensed before July 1, 1996 is exempt from SDCL 36-21A-31 requirements; this is an applicant condition.
Prior active experience
Serve actively for two years as a salesperson or broker associate, or a combination.
Prior broker examination
The currently offered PSI national broker and South Dakota broker state examinations remain leaves even when passed before applying for responsible broker status.
Responsible course
Complete the approved 24-hour responsible broker course and its final examination; complete the broker associate prelicensing or upgrade course before enrolling.
Upgraded associate
Applicant became a broker associate under SDCL 36-21A-34.1 and must also complete the broker examination requirements expressly stated in SDCL 36-21A-31.
Biennial renewal on inactive status
No examination is required for this applicant pathway.
Education and insurance
Inactive individual licensees need not provide continuing education or errors and omissions insurance until activation.
Practice
Do not conduct licensed activities on inactive status.
Renewal
Submit biennial renewal application and fee, identifying inactive status.

Official no-examination sources

Effective from 2026-09-22.

Late renewal through June 30
No examination is required for this applicant pathway.
Deadline
Late renewal accepted through June 30 following the expiration year with accumulated late fee.
Other requirements
Satisfy the active or inactive renewal requirements applicable to the requested status.
Practice
No licensed activities until the Commission renews the license.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement after United States armed forces service
No examination is required for this applicant pathway.
Education
Commission may waive continuing education accrued during service.
Exemption
SDCL 36-21A-67 expressly permits reinstatement without examination.
Prior license
Previously licensed with registration lapsing during United States armed forces service.
Separation
Separation other than dishonorable discharge; application within six months with discharge or separation papers.

Official no-examination sources

Effective from 2026-09-22.

Equivalent responsible broker licensure on moving to South Dakota
Active status insurance
Active licensees must provide errors and omissions coverage under SDCL 36-21A-119 and ARSD 20:69:15:02.
Age
At least 18 years old.
Application window
File the application and required documentation within 60 days of written notice of passing the examination under SDCL 36-21A-36.1.
Background check
Submit to state and federal fingerprint-based criminal background investigation under SDCL 36-21A-151.
Board page statement
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Certificate
Provide certificate of active good standing and no pending complaint completed within 30 days before the application, plus Board-requested license history from every jurisdiction of licensure.
Character and competence
Reputable character and competence; statutory application rejection, revocation, conviction, misstatement and unpaid-judgment restrictions apply under SDCL 36-21A-30 and 33.
Citizenship or residence
United States citizen or South Dakota resident, except as otherwise provided by the chapter.
Nonresident privileges
SDCL 36-21A-54 recognizes qualifying nonresident licenses and applies reciprocal requirements; another jurisdiction requirements are conditions, never this state examination leaves.
Other jurisdiction license
Hold an active equivalent license and have passed the real estate licensing examination in that same licensing jurisdiction. That other jurisdiction examination is an applicant condition under this contract.
Residency change
Applicant is moving or has moved from the licensing jurisdiction of residence.
Responsible education
The responsible broker education and experience provisions in SDCL 36-21A-31 continue to govern, including applicable credit and exceptions.
Nonresident responsible broker by examination reciprocity
Active status insurance
Active licensees must provide errors and omissions coverage under SDCL 36-21A-119 and ARSD 20:69:15:02.
Age
At least 18 years old.
Application window
File the application and required documentation within 60 days of written notice of passing the examination under SDCL 36-21A-36.1.
Background check
Submit to state and federal fingerprint-based criminal background investigation under SDCL 36-21A-151.
Certificate
Provide certificate of active good standing and no pending complaint completed within 30 days before the application, plus Board-requested license history from every jurisdiction of licensure.
Character and competence
Reputable character and competence; statutory application rejection, revocation, conviction, misstatement and unpaid-judgment restrictions apply under SDCL 36-21A-30 and 33.
Citizenship or residence
United States citizen or South Dakota resident, except as otherwise provided by the chapter.
Nonresident privileges
SDCL 36-21A-54 recognizes qualifying nonresident licenses and applies reciprocal requirements; another jurisdiction requirements are conditions, never this state examination leaves.
Other jurisdiction license
Hold an active equivalent license and have passed the real estate licensing examination in that same licensing jurisdiction. That other jurisdiction examination is an applicant condition under this contract.
Responsible education
SDCL 36-21A-31 requires the responsible broker course and two years of active experience, subject to credit and applicable statutory exceptions; equivalent licensure and educational credit are applicant conditions.

time-share agents

Restricted broker authorized for time-share activities under ARSD 20:69:13.

Licensing authority: South Dakota Real Estate Commission · Application information

Activation of an existing inactive license
No examination is required for this applicant pathway.
Education
Complete applicable continuing education within the current licensing period or preceding two years; complete any outstanding initial-cycle postlicensing education. Time-share agents are exempt from continuing education; nonresident activation uses the certificate requirements in ARSD 20:69:11:04.01.
Insurance
Provide errors and omissions coverage where required; time-share agents are excepted under ARSD 20:69:15:04.
Supervision
Secure the responsible broker or property manager association required by the license class before practice.

Official no-examination sources

Effective from 2026-09-22.

Biennial renewal on active status
No examination is required for this applicant pathway.
Continuing education
No individual continuing education requirement applies to the firm or time-share agent.
Insurance
Provide errors and omissions coverage where required; time-share agents and firm entities have no separate individual policy requirement in the Board renewal table.
Nonresident
Nonresident brokers and broker associates submit a current certificate of active good standing and no pending complaint under ARSD 20:69:03:22.01; nonresident continuing education is governed by ARSD 20:69:11:04.01.
Renewal
Renew every two years; application due November 30 of expiration year.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement after suspension or revocation
No examination is required for this applicant pathway.
Commission conditions
Meet conditions imposed by the Commission under SDCL 36-21A-50, including any restitution, reports, fines, costs and monetary penalties. The provision identifies no currently offered licensing examination for this reinstatement.
Eligibility
Other applicable statutory licensure restrictions and active status requirements continue to apply.
Recovery fund
If suspension follows recovery-fund payment, repay the amount plus statutory interest before reinstatement under SDCL 36-21A-114.

Official no-examination sources

Effective from 2026-09-22.

Existing broker or salesperson without additional examination
No examination is required for this applicant pathway.
Prior license
Hold a real estate broker or salesperson license; brokers are also exempt from separate time-share licensing under ARSD 20:69:13:04.
Scope
If applying for a time-share agent license, comply with the application and supervised time-share activity requirements.

Official no-examination sources

Effective from 2026-09-22.

Biennial renewal on inactive status
No examination is required for this applicant pathway.
Education and insurance
Inactive individual licensees need not provide continuing education or errors and omissions insurance until activation.
Practice
Do not conduct licensed activities on inactive status.
Renewal
Submit biennial renewal application and fee, identifying inactive status.

Official no-examination sources

Effective from 2026-09-22.

Late renewal through June 30
No examination is required for this applicant pathway.
Deadline
Late renewal accepted through June 30 following the expiration year with accumulated late fee.
Other requirements
Satisfy the active or inactive renewal requirements applicable to the requested status.
Practice
No licensed activities until the Commission renews the license.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement after United States armed forces service
No examination is required for this applicant pathway.
Education
Commission may waive continuing education accrued during service.
Exemption
SDCL 36-21A-67 expressly permits reinstatement without examination.
Prior license
Previously licensed with registration lapsing during United States armed forces service.
Separation
Separation other than dishonorable discharge; application within six months with discharge or separation papers.

Official no-examination sources

Effective from 2026-09-22.

National Broker Exam — National Portion (Real Estate Principles and Practices)

Provider
PSI Services LLC
Format
National portion of state real estate broker licensing examinations with its own minimum passing score; scenario-based questions with more than four options and one best answer, each option weighted zero, one or two points; candidates who fail one portion retake only that portion
Examination outline
  • I. Property Ownership (Broker 10%) (10%)
    • A. Real and personal property; conveyances
    • B. Land characteristics and legal descriptions: 1. Metes and bounds method of legal property description; 2. Lot and block (recorded plat) method of legal property description; 3. Government survey (rectangular survey) method of legal property description; 4. Measuring structures (linear and square footage); 5. Land measurement
    • C. Encumbrances and effects on property ownership: 1. Types of liens and their effect on the title and value of real property; 2. Easements, rights of way and licenses, including their effect on the title, value and use of real property; 3. Encroachments and their effect on the title, value and use of real property; 4. Potential encumbrances on title, such as probate, leases, or adverse possession; 5. Property rights that may be conveyed separately from use of the land surface, such as mineral and other subsurface rights, air rights, or water rights
    • D. Types of ownership: 1. Ownership in severalty/sole ownership; 2. Implications of ownership as tenants in common; 3. Implications of ownership in joint tenancy; 4. Forms of common-interest ownership, such as Timeshares, Condominiums and Co-ops; 5. Property ownership held in a trust or by an estate; 6. Ownership by business entities; 7. Life Estate ownership
  • II. Land use Controls (Broker 5%) (5%)
    • A. Government rights in land: 1. Government rights to impose property taxes and special assessments; 2. Government rights to acquire land through eminent domain, condemnation and escheat
    • B. Government controls on land use
    • C. Private controls: 1. Deed conditions or restrictions on property use; 2. Subdivision covenants, conditions and restrictions (CC&Rs) on property use; 3. Condominium and owners’ associations regulations or bylaws on property use
  • III. Valuation (Broker 8%) (8%)
    • A. Appraisals: 1. Appraisals for valuation of real property; 2. Situations which require appraisal by a licensed or certified appraiser and brokerage-related actions that constitute unauthorized appraisal practice; 3. General steps in appraisal process
    • B. Estimating Value: 1. Economic principles and property characteristics that affect value of real property; 2. Sales or market comparison approach to property valuation and appropriate uses; 3. Cost approach to property valuation and appropriate uses; 4. Income analysis approach to property valuation and appropriate uses
    • C. Comparative Market Analysis (CMA): 1. Competitive/Comparative Market Analysis (CMA), BPO or equivalent; 2. Automated Valuation Method (AVM), appraisal valuation and Comparative Market Analysis (CMA)
  • IV. Financing (Broker 9%) (9%)
    • A. Basic Concepts and Terminology: 1. Loan financing (for example, points, LTV, PMI, interest, PITI); 2. General underwriting process (e.g., debt ratios, credit scoring and history); 3. Standard mortgage/deed of trust clauses and conditions; 4. Essential elements of a promissory note
    • B. Types of Loans: 1. Conventional loans; 2. Amortized loans, partially amortized (balloon) loans, interest-only loans; 3. Adjustable-rate mortgage (ARM) loans; 4. Government Loans — a. FHA insured loans; b. VA guaranteed loans; c. USDA/Rural Development loan programs; 5. Owner financing (for example, installment or land contract/contract for deed); 6. Reverse-mortgage loans; 7. Home equity loans and lines of credit; 8. Construction loans; 9. Rehab loans; 10. Bridge loans
    • C. Financing and Lending: 1. Real Estate Settlement Procedures Act (RESPA), including kickbacks; 2. Truth-in-Lending Act (Regulation Z), including advertising; 3. Requirements and time frames of TRID (TILA-RESPA Integrated Disclosures); 4. Equal Credit Opportunity Act; 5. Lending Process (application through loan closing); 6. Risky loan features, such as prepayment penalties and balloon payments
  • V. Contracts (Broker 19%) (19%)
    • A. General Contract Law: 1. General principles of contract law; 2. Elements necessary for a contract to be valid; 3. Effect of the Statute of Frauds; 4. Offer and a contract; 5. Enforceability of contracts; 6. Void, voidable and unenforceable contracts; 7. Bilateral and unilateral contracts; 8. Nature and use of option agreements; 9. Notice, delivery, acceptance and execution of contracts; 10. Appropriate use, risks, and advantages of electronic signatures and paperless transactions; 11. Rights and obligations of the parties to a contract; 12. Possible remedies for breach or non-performance of contract; 13. Termination, rescission and cancellation of contracts
    • B. Purchase and Lease Contracts: 1. Addenda and amendments to contracts; 2. Purchase agreements; 3. Contract contingencies and methods for satisfying them; 4. Leases and rental agreements; 5. Lease-purchase agreements; 6. Types of leases
    • C. Proper handling of multiple offers and counteroffers
  • VI. Agency (Broker 13%) (13%)
    • A. Agency and non-agency relationships: 1. Agency relationships and how they are established; 2. Types of listing contracts; 3. Buyer brokerage/tenant representation contracts; 4. Other brokerage relationships, including transaction brokers and facilitators; 5. Powers of attorney and other assignments of authority; 6. Conditions for termination of agency or brokerage service agreements
    • B. Agent Duties: 1. Fiduciary duties of agents; 2. Agent's duties to customers/non-clients, including honesty and good faith
    • C. Agency Disclosures: 1. Disclosure of agency/representation; 2. Disclosure of possible conflict of interest or self-interest
  • VII. Property Disclosures (Broker 7%) (7%)
    • A. Property Condition: 1. Seller's property condition disclosure requirements; 2. Property conditions that may warrant inspections or a survey; 3. Red flags that warrant investigation of public or private land use controls
    • B. Environmental and Government Disclosures: 1. Environmental issues requiring disclosure; 2. Federal, state, or local disclosure requirements regarding the property
    • C. Disclosure of material facts and material defects
  • VIII. Property Management (Broker 5%) (5%)
    • A. Duties and Responsibilities: 1. Procurement and qualification of prospective tenants; 2. Fair housing and ADA compliance specific to property management; 3. How to complete a market analysis to identify factors in setting rents or lease rates; 4. Property manager responsibility for maintenance, improvements, reporting and risk management (BROKER ONLY); 5. Handling landlord and tenant funds; trust accounts, reports and disbursements (BROKER ONLY); 6. Provisions of property management contracts (BROKER ONLY)
    • B. Landlord and tenant rights and obligations
  • IX. Transfer of Title (Broker 6%) (6%)
    • A. Types of deeds
    • B. Title Insurance and Searches: 1. Title insurance policies and title searches; 2. Potential title problems and resolutions; 3. Marketable and insurable title
    • C. Closing Process: 1. When transfer of ownership becomes effective; 2. Process and importance of recordation; 3. Settlement procedures (closing) and parties involved; 4. Home and new construction warranties
    • D. Special Processes: 1. Special issues in transferring foreclosed properties; 2. Special issues in short sale transactions; 3. Special issues in probate transactions
  • X. Practice of Real Estate (Broker 12%) (12%)
    • A. Antidiscrimination: 1. Federal Fair Housing Act general principles and exemptions; 2. Protected classes under Federal Fair Housing Act; 3. Protections against discrimination based on gender identity and sexual orientation; 4. Prohibited conduct under Federal Fair Housing Act (Redlining, Blockbusting, Steering, Disparate Treatment); 5. Fair housing advertising rules; 6. Americans with Disabilities Act (ADA) obligations pertaining to accessibility and reasonable accommodations
    • B. Legislation and Regulations: 1. Licensees’ status as employees or independent contractors; 2. Antitrust laws and types of violations, fines and penalties; 3. Do-Not-Call List rule compliance; 4. Proper use of Social Media and Internet communication and advertising
    • C. Duties and Responsibilities: 1. Protection of confidential personal information (written, verbal or electronic); 2. Duties when handling funds of others in transactions; 3. Licensee responsibility for due diligence in real estate transactions
    • D. Supervisory Responsibilities (BROKER ONLY): 1. Broker's supervisory responsibilities (licensees, teams and unlicensed assistants and employees) (BROKER ONLY); 2. Broker relationship with licensees (employees or independent contractors and governing rules) (BROKER ONLY)
  • XI. Real Estate Calculations (Broker 6%) (6%)
    • A. Calculations for Transactions: 1. Seller’s net proceeds; 2. Buyer funds needed at closing; 3. Real property tax and other prorations; 4. Real property transfer fees; 5. PITI (Principal, Interest, Taxes and Insurance) payments estimate given loan rate and term
    • B. General Concepts: 1. Equity; 2. Rate of return/Capitalization rate; 3. Loan-to-Value ratio; 4. Discount points and loan origination fees
Examination sources

South Dakota Real Estate Broker Associate Examination — State Portion

Provider
PSI Services LLC
Format
Computer-administered written examination
Exam questions
52 scored items (52 points); additional unscored experimental questions may appear
Time limit
120 minutes
Passing score
75%
Examination outline
  • Duties and Powers of the Real Estate Commission (4 Items)
  • Licensing Requirements (6 Items)
  • Statutory Requirements Governing the Activities of Licensees (42 Items)
Examination sources

Course Final Examination

Examination outline
  • Advertising compliance
  • Brokerage best practices
  • Business ethics
  • Business and strategic planning
  • Compensation planning
  • Policy review and risk management
  • State specific contracts
  • Exit strategies, including selling and transferring of ownership
  • Human resource essentials, including instruction on the differences between an employee and an independent contractor
  • Legal issues
  • Trust accounting and finance
Examination sources