The experience requirements must be satisfied by the time spent on the appraisal process. The appraisal process consists of analyzing factors that affect value; defining the problem; gathering and analyzing data; applying the appropriate analysis and methodology; and arriving at an opinion and correctly reporting the opinion in compliance with the uniform standards.

Source: 32 SDR 109, effective December 27, 2005.

General Authority: SDCL 36-21B-3(3 )( 7).

Law Implemented: SDCL 36-21B-3(1 )( 3)(7).