Section 36-21A-72 - Restrictions on licensee advertising. - South Dakota Statutes

36-21A-72. Restrictions on licensee advertising. A licensee who advertises shall comply with the following:
(1) Each advertisement shall clearly state the name of the firm with which an individual licensee is associated;
(2) Each advertisement in which a licensee attempts to secure real estate listings or offers to purchase, sell or lease property, or perform any other act for which a license is required under this chapter, shall clearly disclose that the advertised acts or services are being offered by a licensee;
(3) No licensee may make any announcement in any media regarding the sale of property which gives any impression that the property sold for a price other than the actual selling price.
Notwithstanding subdivisions (1) to (3), inclusive, of this section, a licensee may advertise in the licensee's individual name an offer to sell or lease property of which the licensee is the owner. The advertisement shall disclose that the owner of the property being sold or leased is a licensee.

Source: SL 1992, ch 273, § 72; SL 1996, ch 236, § 4; SL 1998, ch 236, § 1.