ARSD 20:14:14:03
ARSD 20:14:14:03. Evaluation content
Cite as S.D. Admin. R. 20:14:14:03
An appraiser shall include in an evaluation the following:
(1) The location of the property;
(2) A description of the property, including its current and projected use;
(3) An estimate of the propertyโs market value in its physical condition, use and zoning designation on the date of the evaluation with any limiting conditions;
(4) A description of the method used to determine the property's physical condition and the extent to which an inspection was performed;
(5) A description of the analysis that was performed and the supporting information that was used;
(6) A description of the supplemental information that was considered when using an analytical method or technological tool;
(7) An indication of all sources of information used in the analysis, as applicable, to value the property, including:
(a) External data sources;
(b) Property-specific data;
(c) Evidence of a property inspection;
(d) Photos of the property;
(e) Description of the neighborhood; and
(f) Local market conditions;
(8) Name, contact information, and signature.