Department of Labor and Revenue

Title - South Dakota Abstracters' Real Estate Commission

Continuing Education

Approved Classroom Education
Approved Distance Learning (Internet)
Approved Independent Study
Requirements
Course Approval
Course Requirements
Required Subject Areas
Course Delivery
Reporting
Inactive Licensees
Exemptions to Continuing Education Requirements
Nonresident Licensees

Requirements

Real Estate Brokers, Broker Associates, Property Managers and Real Estate Auctioneers renewing an active license must complete at least 24 hours of continuing education during the preceding two license years. At least 12 of these hours must be in required subject areas.

Residential Rental Agents must complete at least 12 hours of continuing education during the preceding two license years in the areas of property management, fair housing, lease of real property, real estate contracts, and real estate license law.

Home Inspectors must complete at least 24 hours of continuing education during the preceding two years in any of the following areas: legal issues affecting home inspectors, building codes, business standards of practice, report writing, environmental issues, ethics, building components, computer skills, fair housing, antitrust, The Americans with Disabilities Act; and courses offered or approved by the SD plumbing or electrical commissions for licensed plumbers or electricians.

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Course Approval

Courses taken for continuing education must be approved by the SD Real Estate Commission. Course providers must meet all of the educational criteria set forth by the Commission and make proper application to the SDREC office for a course to be approved for continuing education.

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Course Requirements

The Commission considers the following subject areas to be acceptable for continuing education:

  • Real Estate Ethics
  • Real Estate Contracts
  • Legislative Issues Regarding Real Estate Issues
  • Real Estate License Law and Administrative Rules
  • Real Estate Financing
  • Real Estate Market Measurement/ Evaluation
  • Real Estate Brokerage
  • Real Estate Mathematics
  • Real Property Management
  • Real Property Exchange
  • Land Use Planning and Zoning
  • Real Estate Securities
  • Estate Building/Portfolio Management (must be real estate-related)
  • Accounting and Taxation as Applied to Real Property
  • Land Development
  • Real Estate Appraising
  • Real Estate Marketing Procedures
  • Use of Calculators or Computers as Applied to the Practice of Real Estate
  • Basic Computer Skills
  • Fair Housing
  • Environmental Issues
  • Antitrust
  • Home Inspection
  • The Americans with Disabilities Act

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Required Subject Areas
(Brokers, Broker Associates, Property Managers and Auctioneers only)

At least 12 of the 24 hours of continuing education must include study in any combination of the following areas:

  • Real Estate Contracts
  • Real Estate License Law
  • Fair Housing
  • Ethics
  • Environmental Issues
  • Antitrust
  • The Americans with Disabilities Act
  • Brokerage Services

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Course Delivery

Continuing education courses are divided into three categories based on the method of delivery - classroom, distance learning or independent study. These delivery methods are defined as follows:

Classroom — The instructor providing the course material is located physically in the same location as the student.

Distance Learning — The instructor and student are in physically separate locations, and instructional methods include interactive video-based instruction, computer conferencing, interactive audio, interactive computer software and Internet-based instruction. An example of this type of delivery method is an Internet course.

Independent Study — No interaction with an instructor is planned or implied as part of the learning process. An example of this type of delivery method is a VHS/DVD video or printed material such as books. No more than 6 hours of independent study courses may be used for continuing education requirements during a renewal period.

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Reporting

It is the responsibility of the course provider, not the licensee, to report completion of continuing education to the SDREC office. Licensees will receive a certificate of completion from the course sponsor. Do not send this certificate in to the SDREC office; licensees should keep these certificates for their records.

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Inactive Licenses

A licensee whose license is on file with the SDREC office on inactive status is not required to meet the continuing education requirements. However, in order to activate the license, a licensee must have 24 hours of continuing education in the two years preceding activation of the license. Education hours used to activate a license may not be used again to renew a license.

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Exemptions to Continuing Education Requirements

The SDREC office may make exceptions and grant extensions for continuing education for reasons of health, military service or other good cause if proof is provided to the commission office.

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Nonresident Licensees

Nonresident brokers and salespersons who hold a South Dakota license are exempt from the continuing education requirements if the licensee meets the education requirements in the state of residence.

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Contact Us

221 W. Capitol, Suite 101
Pierre, SD 57501
Phone: 605.773.3600
Fax: 605.773.4356
e-mail: dlr.realestate@state.sd.us

 


SD Real Estate Commission
221 W. Capitol Ave., Suite 101
Pierre, SD 57501
Phone: 605.773.3600
Fax: 605.773.4356