ARSD 20:14:14:03

ARSD 20:14:14:03. Evaluation content

Last amended: 2020Year: 2026Length: 162 wordsOfficial source

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 propertyโ€™s 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.
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