<html> <head> <title>Rule 04:01:08:05 Recovery of expenses of exchange preparation.</title> <META NAME="Keywords" Content="Administrative Rules 04:01:08:05"> <META NAME="Description" Content="Administrative Rules 04:01:08:05 Recovery of expenses of exchange preparation."> <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>4:01:08:05.&nbsp;&nbsp;Recovery of expenses of exchange preparation.</b> In mutually beneficial cases, the commissioner may negotiate with the landowner to share the expenses incurred in the exchange of land preparation, such as the appraisal or appraisal report, cost and legal fees associated with deed preparation, conveyance of title, and exchange agreement preparation. However, the commissioner may charge the landowner for the costs incurred to obtain the appraisal or appraisal report of the land to be exchanged. In such event, the commissioner shall provide a copy of the cost of the appraisal to the landowner and request payment to be made within 30 days to the appraiser.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 26 SDR 99, effective February 3, 2000.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=5-3-7">5-3-7.</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=5-3-7">5-3-7.</A></p> </div> </body> </html>