20 : 14 : 10 : 05.01 . Upgrade fee -- midway upgrade. A registered trainee appraiser shall pay the following applicable midway upgrade f e e for each appraisal submitted pursuant to § 20:l 4 :05:05.05:

1. (1) $200 -- Residential (SingleFamilyUnit);
2. (2) $250 -- Residential -- Small Income Producing (2-4 units);
3. (3) $350 -- Non-Residential (Agricultural); or
4. (4) $400 -- Non-Residential (Commercial/Industrial/Multi-Family [more than 4 units]).

Source: 43 SDR 36 , effective September 20, 2016 ; 44 SDR 27, effective August 14, 2017 ; 49 SDR 48, effective November 22, 2022; 49 SDR 48, effective October 1, 2023 .

General Authority: SDCL 36-2 1 B-4 (5).

Law Implemented: SDCL 36-21B- 1 , 36-21B-3 (1)(7)(17), 36-21B-4 (5).

Prior versions effective: 2022-11-22, 2017-08-14, 2016-09-20.