An aid to families with dependent children applicant or recipient shall provide to the department evidence of the value of other real property that the applicant or recipient owns or in which the applicant or recipient has an interest. Evidence of value consists of a list of current encumbrances of record against the property and the fair market value as determined:

1. (1) By a real estate appraiser;
2. (2) By a Bureau of Indian Affairs realty office;
3. (3) From an average of three estimates from individuals, other than the applicant or recipient, familiar with and able to place a value on the property;
4. (4) By a bank or savings and loan official; or

5. (5) By the Farmers Home Administration.

   The department may verify evidence submitted under this section.

   Cross-References:

   Applicant to provide information promptly, § 67:12:01:06.01.

   Cooperation of applicant or recipient, § 67:12:01:70.

Source: 10 SDR 144, effective July 1, 1984 ; 52 SDR 55, effective December 2, 2025 .

General Authority: SDCL 28- 6-1 .

Law Implemented: SDCL 28- 6-1 .

Prior versions effective: 1984-07-01.