S.D. Admin. R. 20:14:09:02

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

Section 20:14:09:02 - Competence

All staff and fee appraisers performing real estate appraisals must be state-certified general, state-certified residential, state-licensed, or registered trainee as applicable. However, a state-certified general, state-certified residential, state-licensed, or registered trainee appraiser may not be considered competent solely by virtue of being certified, licensed, or registered. Any determination of competence must be based on the individual's experience and educational background as they relate to the particular appraisal assignment for which the appraiser is being considered.

S.D. Admin. R. 20:14:09:02

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; 28 SDR 109, effective 2/7/2002; 49 SDR 048, effective 11/22/2022

General Authority: SDCL 36-21B-3(16).

Law Implemented: SDCL 36-21B-1, 36-21B-3(16).