The department shall grant credit to an applicant for renewal for courses that cover real estate topics related to appraisal and that maintain or increase an appraiser's skill, knowledge, and competency in real property appraising. Acceptable topics are those listed in this section or the equivalent as determined by the secretary:

1. (1) Ad valorem taxation;
2. (2) Arbitration, dispute resolution;
3. (3) Courses related to practice of real estate appraisal or consulting;
4. (4) Development cost estimating;
5. (5) Ethics, standards of professional practice, and uniform standards;
6. (6) Land use planning and zoning;
7. (7) Real estate litigation, damages, and condemnation;
8. (8) Management, leasing, and timesharing;
9. (9) Property development and partial interest;
10. (10) Real estate law, easements, and legal interest;
11. (11) Real estate financing and investment;
12. (12) Real estate appraisal-related computer applications;
13. (13) Real estate securities and syndication;
14. (14) Developing opinions of real property value in appraisals that also include personal property and/or business value;
15. (15) Seller concessions and impact on value;
16. (16) Energy efficient items and "green building" appraisals; and
17. (17) Valuation bias, fair housing, or equal opportunity.

Source: 18 SDR 36, effective August 25, 1991; transferred from § 20:14:05:14 , 20 SDR 6, effective August 1, 1993; 23 SDR 113, effective January 12, 1997; 24 SDR 91, effective January 8, 1998; 32 SDR 109, effective December 27, 2005; 38 SDR 214, effective June 21, 2012 ; 49 SDR 25, effective September 18, 2022 .

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

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

Prior versions effective: 2012-06-21.