<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.s1ef24d4d-b798-4179-b278-f84d2dc142e8P0 { 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.s1ef24d4d-b798-4179-b278-f84d2dc142e8C0 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000001 { color: #000000; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000002 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s1ef24d4d-b798-4179-b278-f84d2dc142e8000003 { color: #000000; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:14:13:13"><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000000">20:14:13:13</span></a><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000001">.  Training course for supervis</span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000001">ory</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000001"> appraisers and </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000001">registered trainee</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000001"> appraisers.</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0"> The department shall develop </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">a</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0"> training course and provide it to providers of appraisal education as listed in § </span><a href="https://sdlegislature.gov/Rules?Rule=20:14:13:05"><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000002">20:14:13:05</span></a><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0"> desiring to offer the course. The provider </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">shall</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0"> ensure that </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">each individual serving as a training course</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0"> instructor has met the following minimum requirements:</span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8000003"> </span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">    </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">(1</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">)  </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">Holds a South Dakota state-certified general or state-certified residential credential;</span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8000003"> </span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">    </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">(2)</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">  </span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">Is in good standing in this state or any other jurisdiction in which the appraiser holds a certified appraiser credential and has not been subject to any disciplinary action within any jurisdiction that affects </span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">the individual's </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">legal eligibility to engage in appraisal practice for three years after the successful completion or termination of any sanctions imposed;</span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8000003"> </span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">    </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">(3)</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">  </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">Audited the training course a minimum of one time;</span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8000003"> </span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">    </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">(4)</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">  </span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">Possesses institutional knowledge and understanding of Title XI of </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">FIRREA</span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">, as amended by the Dodd-Frank Wall Street Reform Act of 2010;</span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8000003"> </span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">    </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">(5)</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">  </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">Possesses knowledge and understanding of the statutes and administrative rules in this state regarding appraisers;</span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8000003"> </span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">    </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">(6)</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">  </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">Co-instructed the training course with an</span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">other</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0"> instructor a minimum of two times or until the instructor determines that the individual demonstrates the ability to instruct the course independently; and</span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8000003"> </span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">    </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">(7)</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">  </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">Holds the department</span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">'</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">s supervisory appraiser endorsement and has supervised a minimum of one </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">registered trainee</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0"> appraiser to successful upgrade or is currently supervising a </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">registered trainee</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0"> appraiser.</span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8000003"> </span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">    </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000001">Source:</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0"> 35 SDR 175, effective January 1, 2009; 44 SDR 27, effective August 14, 2017; 46 SDR 75, effective December 4, 2019</span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">; 49 SDR 48, effective November 22, 2022; 49 SDR 48, effective October 1, 2023</span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">.</span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">    </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000001">General Authority:</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21B-3"><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000002">36-21B-3</span></a><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">(6)</span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">.</span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">    </span><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000001">Law Implemented:</span><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21B-1"><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000002">36-21B-1</span></a><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=36-21B-3"><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0-000002">36-21B-3</span></a><span class="s1ef24d4d-b798-4179-b278-f84d2dc142e8C0">(6).</span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8000003"> </span></p><p dir="ltr" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8P0"><span xml:space="preserve" class="s1ef24d4d-b798-4179-b278-f84d2dc142e8000003"> </span></p></div></body></html>