South Dakota Statutes

§ 36-21D-11 — Permissible conduct.

South Dakota § 36-21D-11
JurisdictionSouth Dakota
Title 36PROFESSIONS AND OCCUPATIONS
Ch. 36-21APPRAISAL MANAGEMENT COMPANIES

This text of South Dakota § 36-21D-11 (Permissible conduct.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 36-21D-11 (2026).

Text

No appraisal management company violates § 36-21D-10 solely by asking a real estate appraiser to:

(1)Consider additional, appropriate property information;
(2)Provide further detail, substantiation, or explanation for the appraiser's value conclusion; or (3) Correct errors in the appraisal report. An appraisal management company may retain a real estate appraiser from panels or lists on a rotating basis; supply an appraiser with information the appraiser is required to analyze under the appraisal standards adopted by the department, such as agreements of sale, options, and listings of the property to be valued; and withhold payment of an appraisal fee based on a bona fide dispute regarding the appraiser's compliance with the appraisal standards adopted by the Department of Labor

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Legislative History

SL 2011, ch 184, § 11.

Nearby Sections

15
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Bluebook (online)
South Dakota § 36-21D-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/36-21D-11.