S.D. Admin. R. 20:69:14:06

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:69:14:06 - Contracts to be in writing

Before a property manager performs any services, the property manager and client must enter into a written management agreement specifying the duties and conditions under which the property manager is to perform services. A management agreement may include a provision for automatic renewal at expiration if it contains a provision for written cancellation on terms agreeable to all parties to the agreement.

S.D. Admin. R. 20:69:14:06

15 SDR 100, effective 1/10/1989; transferred from

General Authority: SDCL 36-21A-89.

Law Implemented: SDCL 36-21A-30, 36-21A-47.