<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: center; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787c000001 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000005 { margin-top: 0; margin-bottom: 0; margin-left: 1.30in; margin-right: 0; text-indent: -1.30in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } </style></head><body><div><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0"><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0">CHAPTER </span><a href="https://sdlegislature.gov/Rules?Rule=20:69:06"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000000">20:69:06</span></a></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0"><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787c000001"> </span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0">REAL ESTATE AUCTIONEER LICENSES</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0"><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787c000001"> </span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0"><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787c000001"> </span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">Section</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:01"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:01</span></a><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Transferred.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:01.01"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:01.01</span></a><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">    Definitions.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:02"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:02</span></a><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Auctioneers -- License required.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:03"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:03</span></a><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        </span><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">Qualifications of applicants.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:04"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:04</span></a><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Duties of auctioneer.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:05"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:05</span></a><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Listings to be in writing.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:06"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:06</span></a><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Auction advertisements.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:07"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:07</span></a><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Auction sale procedure.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:07.01"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:07.01</span></a><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">    Auction with reserve sale procedure.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:07.02"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:07.02</span></a><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">    Absolute auction sale procedure.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000005"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:07.03"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:07.03</span></a><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">    Secured party or lien holder not prohibited from bidding at an absolute auction -- Conditions.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:07.04"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:07.04</span></a><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">    Internet auction sale procedure.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:08"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:08</span></a><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Auctioneer to maintain records.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:09"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:09</span></a><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Certain acts prohibited.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><a href="https://sdlegislature.gov/Rules?Rule=20:69:06:10"><span class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000004">20:69:06:10</span></a><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cC0-000003">        Rules applicable to real estate brokers, broker associates, and salespersons.</span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787c000001"> </span></p><p dir="ltr" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787cP0-000002"><span xml:space="preserve" class="s6b1b1c15-a1f4-4a81-be1f-5d4c5740787c000001"> </span></p></div></body></html>