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20:14:04:08Presumption

Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗

that one- to four-family residential properties are not complex. A regulated institution shall presume that an appraisal of a one- to-four-family residential property is not complex unless the institution has readily available information that the appraisal will be complex.

Source: 18 SDR 36, effective August 25, 1991.