S.D. Admin. R. 64:04:04:03

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

Section 64:04:04:03 - Commercial real estate appraisal guide

As incorporated in § 64:04:04:01, the standard real estate appraisal guides for use by all directors of equalization in the state for the appraisal of buildings and improvements other than noncommercial residential structures by the replacement cost method to determine full and true value for tax purposes pursuant to SDCL 10-6 are:

(1) the Marshall and Swift Residential Cost Handbook and the Marshall Valuation Service; and

(2) the Vanguard Real Property Appraisal Manual.

S.D. Admin. R. 64:04:04:03

Transferred from 64:04:01:18 47 SDR 071, effective 12/10/2020

General Authority: SDCL 10-1-16.1.

Law Implemented: SDCL 10-1-16.1.