S.D. Admin. R. 20:14:05:07.04

Current through Register Vol. 50, page 162, June 24, 2024

Section 20:14:05:07.04 - Alternative to general educational requirements of the state-certified residential appraiser credential for state-licensed appraiser

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.

S.D. Admin. R. 20:14:05:07.04

44 SDR 184, effective 6/25/2018

General Authority: SDCL 36-216-3(7).

Law Implemented: SDCL 36-21B-136-21B-3(1)(6)(7).