S.D. Admin. R. 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.

Notes

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).

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