Requirements of a supervisory appraiser. A state-certified residential or state-certified general appraiser desiring to supervise a registered trainee appraiser shall meet the following supervisory appraiser requirements:

1. (1) Be certified by the department, in good standing in this state or any other jurisdiction in which the appraiser is certified. A supervisory appraiser is considered to be in good standing if the appraiser has not been subject to any disciplinary action within any jurisdiction that affects legal eligibility to engage in appraisal practice for three years after the successful completion or termination of any sanctions imposed;
2. (2) Have the knowledge and experience in the types of appraisal assignments that the supervisory appraiser is supervising pursuant to the competency rule of the uniform standards and § 20:14:09:02;
3. (3) Have a minimum of three years appraisal experience as a state-certified residential or state-certified general appraiser and hold a South Dakota state-certified residential or state-certified general appraiser credential; and

4. (4) Successfully complete an education program developed by the department regarding the role of the supervisory appraiser and the registered trainee appraiser before supervision begins. Successful completion of the education program includes passing the course examination.

   A supervisory appraiser may supervise no more than three registered trainee appraisers at any one time except when the supervisory appraiser provides experience training for registered trainee appraisers in accordance with a progress monitored, appraiser experience training program developed and administered by the department.

Source: 35 SDR 175, effective January 1, 2009; 36 SDR 112, effective January 11, 2010; 38 SDR 214, adopted June 21, 2012, effective July 1, 2013; 40 SDR 121, effective January 7, 2014; 41 SDR 217, effective June 29, 2015; 44 SDR 27, effective August 14, 2017 ; 47 SDR 71, effective December 14, 2020; 49 SDR 48, effective November 22, 2022; 49 SDR 48, effective October 1, 2023 .

General Authority: SDCL 36-21B-3 (1)(6)(16) .

Law Implemented: SDCL 36-21B-1 , 36-21B-3 (1) (6)(16).

Prior versions effective: 2022-11-22, 2020-12-14, 2017-08-14, 2015-06-29, 2014-01-07.