ARSD 20:14:04:06.01

ARSD 20:14:04:06.01. Appraisal by state-certified residential appraiser

Last amended: 2020Year: 2026Length: 102 wordsOfficial source

Cite as S.D. Admin. R. 20:14:04:06.01

A state-certified residential appraiser may perform any noncomplex nonresidential property appraisal with a transaction value at or below the applicable threshold level established pursuant to ยง 20:14:04:05 and any one- to four-family residential property appraisal without regard to transaction value or complexity. This includes the appraisal of vacant or unimproved land that is utilized for one-to four-family purposes or for which the highest and best use is one-to four-family purposes. This does not include the appraisal of subdivisions for which a development analysis/appraisal is necessary. A state-certified residential appraiser is bound by the competency rule of the uniform standards and ยง 20:14:09:02.
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