<html> <head> <title>Rule 64:05:01:03.02 Exclusion from sales ratio study -- Major physical change.</title> <META NAME="Keywords" Content="Administrative Rules 64:05:01:03.02"> <META NAME="Description" Content="Administrative Rules 64:05:01:03.02 Exclusion from sales ratio study -- Major physical change."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>64:05:01:03.02.&nbsp;&nbsp;Exclusion from sales ratio study -- Major physical change.</b> To exclude a sale from the sales ratio study because of a major physical change in the property between the legal assessment date and the date of the sale, the change must increase or decrease the assessed value of the property by at least ten percent.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 17 SDR 4, effective July 18, 1990.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=10-11-54">10-11-54.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=10-11-55">10-11-55</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=10-11-56">10-11-56.</A></p> </div> </body> </html>