Appraisals for federally related transactions not requiring the services of a state-certified general appraiser may be performed by either a state-certified general, state-certified residential, or state-licensed appraiser.

Cross-References:

Appraisal by state-certified general appraiser, § 20:14:04:06.

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

Appraisal by state-licensed appraiser, § 20:14:04:07.

Source: 18 SDR 36, effective August 25, 1991; 23 SDR 113, effective January 12, 1997.

General Authority: SDCL 36-21B-3.

Law Implemented: SDCL 36-21B-1 , 36-21B-3(8).