South Dakota Real Estate Exam Prep

SD Salesperson Practice Exam

Our South Dakota Real Estate Exam Preparation guide will have you quickly prepared for your upcoming Salesperson License Exam. We have helped license over 50,000 students with an exam pass rate of over 95%. The practice exam questions and answers were created by industry experts and are constantly updated to South Dakota’s licensing requirements. We stand by our real estate practice exams and offer an exam pass guarantee.

Give Me Access to South Dakota Real Estate Exam Prep

90 Day Money Back Guarantee On Our Real Estate Exam Prep

What Do I Get with the South Dakota Real Estate Exam Prep?

Instant Access to All Exam Prep Materials
A 100 Percent Money-Back Guarantee that You Will Pass
90 Days of Access to the System
Committed Customer Support
All Materials Updated for 2018 Regulations

Instant Results

Instant results on each question so you know your strength's and weaknesses!

Instant Results
Works on Any Device
Easy to Use

How Our System Works



Get Access to Real Estate Prep Guide	Study and Improve on Your Weak Areas	Pass Your Exam!

Get Access to Real Estate Prep Guide

Study and Improve on Your Weak Areas

Pass Your Exam!

South Dakota License Requirements

The term real estate salesperson is not used in South Dakota. Rather, the beginning level for a real estate agent is as a real estate broker associate.

The requirements for a real estate broker associate license in South Dakota include

Being at last 18 years of age
Successfully completing at least 116 hours of approved real estate education.
All broker associate applicants need to pass the real estate exams with at least a 75% score and be approved by the Commission.
No previous experience is required.

South Dakota Sample Practice Real Estate Exam Questions and Answers

South Dakota State Section

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Click on the button below to "Start" your practice exam now. Leaving the page and or closing the browser now or at any moment during the exam will reset your answers. You can always go back and retake any practice test. You can also go over your answers at any moment during the practice test by clicking "List" and picking one of the questions that interests you.

Start

Congratulations - you have completed South Dakota State Section . You scored %%SCORE%% out of %%TOTAL%%. Your performance has been rated as %%RATING%%

Your answers are highlighted below.

Question 1

Which is not necessary for a valid contract?

A	legal object
B	due date
C	acceptance
D	offer

Question 2

Which of the following would not put a sales person in jeopardy of losing their license in South Dakota?

A	Convicted of a felony
B	Being authorized to accept and excessive commission.
C	Depositing his/her clients escrow money into a personal account
D	Placing an ad claiming to be a broker when they are not.

Question 3

Does South Dakota have homestead laws?

A	Yes
B	No

Question 4

What is the required minimum age to be eligible to obtain a Salesperson license in South Dakota?

A	21
B	17
C	18
D	19

Question 5

Does South Dakota allow reciprocity with other states?

A	Yes
B	No

Question 6

Does South Dakota have dower laws?

A	No
B	Yes

Question 6 Explanation:

Dower laws were abolished in South Dakota.

Question 7

What is homestead protection?

A	The estimated value that an asset will have at then end of it's useful life
B	Net cash remaining to investor after sale of investment property
C	Gradual subsidence of waters, leaving dry land
D	The status provided to a home owner's principal residence that protects the home against judgement up to a specified amount.

Question 8

Who is responsible for maintaining a habitable property and for complying with local housing and building codes?

A	Agent
B	Buyer
C	Lessor
D	Lessee

Question 9

Standing trees would be considered:

A	Personal Property
B	Real property
C	Emblements
D	Chattels

Question 10

Which of the following isn't part of a deed?

A	novation
B	acknowledgement
C	Habendum
D	Premises

Question 11

Which of the following is a landlord's option for a tenant not paying rent?

A	shut off the power
B	shut off the gas
C	lock the tenant out of the apartment
D	unlawful detainer action in court

Question 12

The Salesperson or broker license fee costs how much?

A	$10 processing fee plus a $25 credit report
B	$190
C	$20 processing fee plus $20 credit report
D	$25 flat fee

Question 13

How soon can a broker receive a commission check after a closing in South Dakota?

A	Once the seller agrees to the price.
B	Once the offer sheet is signed.
C	After the transaction is completed and funded.
D	When the Buyer moves in.

Question 14

Which of the following is required for an applicant to receive a Real Estate License?

A	Must sit and pass the required exam
B	Must be 25 or older
C	Must have lived in the state for more than a year
D	Must have a Bachelors degree

Question 15

Is South Dakota a community property state?

A	Yes
B	No

Question 16

Does South Dakota allow Holographic wills?

A	Yes
B	No

Question 17

In what circumstances, if any, can a broker in South Dakota who is serving as an intermediary representing both parties collect compensation from both the buyer and the seller?

A	Only when both buyer and seller have legal representation
B	In most circumstances, except when the buyer and seller are related
C	None; the broker may only collect compensation from one party to a transaction
D	Only when both buyer and seller give informed consent to this arrangement

Question 18

An easement by prescription may establish:

A	who owes back taxes
B	use of property
C	homestead rights
D	a claim to title

Question 19

Mortgage "discount" points only apply if which of the following conditions are met?

A	The interest rate on the mortgage loan has been lowered by 1% for each point charged
B	The seller has agreed to pay 1% of the closing costs
C	The interest rate on the mortgage loan has been lowered by 2% for each point charged
D	The loan does not close and the buyer owes the lender for services rendered

Question 20

The license law is administered by:

A	The South Dakota Department of Justice
B	The South Dakota Real Estate Commission, of the South Dakota Department of Revenue and Regulation.
C	The South Dakota Department of Education
D	The South Dakota Department of Taxation and Finance

Question 21

How many years of real estate experience are required in order to be eligible to get a real estate broker license?

A	4 years
B	1 year
C	2 years
D	3 years

Question 22

What is a holographic will?

A	a standard boiler plate will.
B	a will and testament that has been entirely handwritten and signed by the testator.
C	a will that has been approved by each family member.
D	a will that displays in 3D

Question 23

What term means "going to the state?"

A	escheat
B	Eminent Domain
C	police power
D	Taxation

Question 23 Explanation:

Escheat is if someone dies and there is no one to inherit or no will the property goes to the state.

Once you are finished, click the button below. Any items you have not completed will be marked incorrect. Get Results

There are 23 questions to complete.

List

Return

Shaded items are complete.

1	2	3	4	5
6	7	8	9	10
11	12	13	14	15
16	17	18	19	20
21	22	23	End