A state-licensed appraiser may, as an alternative to the general education requirements as prescribed in § 20:14:05:07.02, qualify for upgrade to state-certified residential appraiser if all of the following requirements have been satisfied:
- (1) Has held a state-licensed appraiser credential for a minimum of five years;
- (2) Has not been subject to any disciplinary action within any jurisdiction that affects legal eligibility to engage in appraisal practice within the five years preceding an application for state-certified residential appraiser;
- (3) Has met all of the experience requirements for state-certified residential appraiser as prescribed in § 20:14:05:03.01; and
- (4) Has met all of the appraiser education requirements for state-certified residential appraiser as required in § 20:14:05:07.01.
Source: 44 SDR 184 , effective June 25, 2018 .
General Authority: SDCL 36-21B-3(7).
Law Implemented: SDCL 36-21B-1, 36-21B-3(1)(6)(7) .