If the secretary determines another state, territory, or the District of Columbia has substantially equivalent certification and licensure requirements, an applicant who is certified or licensed there may be issued a state-certified general, state-certified residential, or state-licensed appraiser credential under this article. To qualify, the applicant shall:

1. (1) Submit an application on a form provided by the secretary;
2. (2) Certify that the applicant is licensed or certified to appraise real estate in the applicant's home state or any other jurisdiction;
3. (3) Certify that disciplinary proceedings are not pending against the applicant in the applicant's home state or any other jurisdiction;
4. (4) Provide a signed sworn declaration; and

5. (5) Pay the application fee prescribed in § 20:14:10:01.

   Note: The secretary shall collect the registry fee pursuant to 12 U.S.C. § 3338(a) with the application for certification or licensure.

Source: 19 SDR 12, effective August 3, 1992; 22 SDR 91, effective January 1, 1996; 41 SDR 217, effective June 29, 2015 ; 44 SDR 27, effective August 14, 2017 ; 46 SDR 29, effective September 9, 2019.

General Authority: SDCL 36-21B-3.

Law Implemented: SDCL 36-21B-1 , 36-21B-3(10).

Prior versions effective: 2017-08-14, 2015-06-29, 1996-01-01.