S.D. Admin. R. 20:14:05:04

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

Section 20:14:05:04 - Experience requirements for state-certified general appraiser

An applicant for a state-certified general appraiser credential shall have a minimum of 18 months and 3,000 hours of appraisal experience of which at least 1,500 hours are in nonresidential appraisal work. The applicant shall submit for review a minimum of two nonresidential appraisal reports. Both of the reports shall include all three approaches to value. "Residential" is defined as one- to four-family residential units.

S.D. Admin. R. 20:14:05:04

18 SDR 36, effective 8/25/1991; 20 SDR 9, effective 8/1/1993; 22 SDR 91, effective 1/1/1996; 23 SDR 113, effective 1/12/1997; 24 SDR 91, effective 1/8/1998; 33 SDR 2, effective 7/19/2006; 34 SDR 67, effective 9/11/2007; 42 SDR 98, effective 1/5/2016; 44 SDR 27, effective 8/14/2017; 44 SDR 184, effective 6/25/2018

General Authority: SDCL 36-21B-3(7)(17).

Law Implemented: SDCL 36-21B-1, 36-21B-3(7).