<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s8c5f674d-455e-457e-9ca4-57f3a0a98b35P0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s8c5f674d-455e-457e-9ca4-57f3a0a98b35000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0-000003 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s8c5f674d-455e-457e-9ca4-57f3a0a98b35P0-000004 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: left; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } </style></head><body><div><p dir="ltr" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35P0"><span xml:space="preserve" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:14:09:02"><span class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0-000000">20:14:09:02</span></a><span class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0-000001">.  Competence.</span><span xml:space="preserve" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0"> All appraisers performing real estate appraisals must be state-certified general, state-certified residential, state-licensed, or </span><span class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0">registered trainee</span><span xml:space="preserve" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0"> as applicable. However, a state-certified general, state-certified residential, state-licensed, or </span><span class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0">registered trainee</span><span xml:space="preserve" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0"> appraiser may not be considered competent solely by virtue of being certified, licensed, or registered. Any determination of competence must be based on the individual's experience and educational background as they relate to the particular appraisal assignment for which the appraiser is being considered.</span></p><p dir="ltr" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35P0"><span xml:space="preserve" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35000002"> </span></p><p dir="ltr" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35P0"><span xml:space="preserve" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0">    </span><span class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0-000001">Source:</span><span xml:space="preserve" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0"> 18 SDR 36, effective August 25, 1991; 20 SDR 9, effective August 1, 1993; 22 SDR 91, effective January 1, 1996; 23 SDR 113, effective January 12, 1997; 24 SDR 91, effective January 8, 1998; 28 SDR 109, effective February 7, 2002</span><span class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0">; 49 SDR 48, effective November 22, 2022; 49 SDR 48, effective October 1, 2023</span><span class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0">.</span></p><p dir="ltr" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35P0"><span xml:space="preserve" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0">    </span><span class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0-000001">General Authority:</span><span xml:space="preserve" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21B-3"><span class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0-000003">36-21B-3</span></a><span class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0">(16).</span></p><p dir="ltr" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35P0"><span xml:space="preserve" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0">    </span><span class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0-000001">Law Implemented:</span><span xml:space="preserve" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21B-1"><span class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0-000003">36-21B-1</span></a><span xml:space="preserve" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21B-3"><span class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0-000003">36-21B-3</span></a><span class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35C0">(16).</span></p><p dir="ltr" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35P0-000004"><span xml:space="preserve" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35000002"> </span></p><p dir="ltr" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35P0-000004"><span xml:space="preserve" class="s8c5f674d-455e-457e-9ca4-57f3a0a98b35000002"> </span></p></div></body></html>