Marcia Hultman

Cabinet Secretary

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Appraiser Certification Program

News

Important Announcements

Important Reminders

Important Announcements


JANUARY 2023

USPAP Compliance Review Examiner Opening (Part-time/As needed)

The South Dakota Department of Labor and Regulation, Appraiser Certification Program has an opening for a USPAP Compliance Review Examiner. View details, including qualifications and application instructions.


DECEMBER 2022

State-Registered Designation Changing Oct. 1, 2023

All State-Registered appraisers’ credential designations will change to Registered Trainee on Oct. 1, 2023.

Background: On October 25, 2021, the Appraisal Subcommittee (ASC) informed the South Dakota Appraiser Certification Program (ACP) Administrative Rules of South Dakota (ARSD) 20:14:04:11 was out of compliance with Appraisal Qualifications Board (AQB) criteria following a review of the ARSD by the ASC.

The rules had allowed State-Registered appraisers to perform noncomplex property appraisals without the supervision of a supervisory appraiser. However, the AQB criteria require all appraisals completed by a trainee level appraiser (State-Registered) be under direct supervision of a supervisory appraiser

The ACP went through the rule making process to bring our administrative rules into compliance, which were effective Nov. 22, 2022. Further, it was decided the State-Registered credential should be retired. A new designation, the Registered Trainee, was created to replace it to avoid confusion regarding the scope of work for a trainee level appraiser.

How this will affect existing State-Registered appraisers:
On Oct. 1, 2023, immediately following the next renewal cycle, all current State-Registered appraisers will automatically become Registered Trainees. Those State-Registered appraisers who wish to continue working as they are, uninterrupted, have until then to find a supervisor or upgrade their credential.

State-Registered appraisers who have already registered a supervisory appraiser will only need to print a new certificate on Oct. 1, 2023, with the new designation indicated. They may then continue working with their supervisor until they have acquired the requisite number of education and experience hours to qualify to apply for an upgrade.

Please note: any State-Registered appraisers who have been performing noncomplex property appraisals and/or non-federally related transactions, and wish to continue doing so, must either upgrade to a higher appraiser level, OR register a supervisor by Oct. 1, 2023.


SEPTEMBER 2022

Online Portal Update Includes Certificate Delivery

The ACP PORTAL now provides a fast and secure way to view and print a credential. This functionality is available to all active credentialed appraisers by simply logging in to the portal and clicking 'View' under 'Credentials'.



OCTOBER 2021

Notice From Appraisal Subcommittee Regarding ARSD 20:14

The Appraisal Subcommittee (ASC) considers our State-Registered credential to be the equivalent of the Trainee, and ARSD 20:14:04:11 currently allows State-Registered appraisers to perform certain appraisals without the direction of a supervisory appraiser. Please be advised that the ASC informed the South Dakota Appraiser Certification Program (ACP) on Monday, Oct. 25, 2021, that ARSD 20:14:04:11 is out of compliance with Appraisal Qualifications Board (AQB) criteria. The AQB criteria require that all appraisals completed by the Trainee (State-Registered) be under direct supervision of a Supervisory Appraiser.

The ACP will be addressing ARSD 20:14:04:11 during the next opportunity to bring administrative rule revisions before the Interim Rules Review Committee, but in the meantime, it is our advice that State-Registered appraisers do not perform appraisals without supervision.


MARCH 2021

New Program to Be Implemented in South Dakota

Experience Training Program for South Dakota Appraiser-Trainees

 

Important Reminders

 

Midway Review

Midway to Upgrade Review: When a state-registered appraiser has achieved at least fifty percent of the experience hours required to upgrade to the state-licensed, state-certified residential, or state-certified general appraiser classification, the appraiser may request an appraisal review of an appraisal completed by him/her. A maximum of two appraisals can be reviewed with the applicable midway upgrade fee applying for each appraisal submitted.

If the review reveals that the licensee's appraisal is in compliance, the appraiser shall be granted credit for the compliant appraisal report when he/she applies to upgrade to a higher classification.

If the appraisal review reveals that the licensee's appraisal is not in compliance, remedial education may be prescribed to the licensee. No disciplinary action may be taken against the licensee or their supervisory appraiser. (See Administrative Rules of South Dakota (ARSD) 20:14:05:05.05.)

Allegations of Noncompliance/Complaints

An allegation of non-compliance must be in writing and meet the following criteria:

  1. The allegation of error or violation of any provision is considered credible and based upon factual information which is independently verifiable; and
  2. The allegation is accompanied by a copy of the appraisal report or other credible documentation which contains a clearly identifiable error or violation, and provides sufficient evidence that it is probable the allegation has merit.

Complaints: Upon receipt of an allegation of non-compliance against any certificate holder or applicant for certification, or upon the Secretary's own motion, the secretary shall initiate an investigation of the allegation. If the investigation provides evidence of non-compliance, the secretary may enter a formal complaint stating the charge against any certificate holder or applicant for certification.


Late Appraiser Certification Renewals

If your appraiser credential expired on Sept. 30, of this year, you have until March 31, of the next year to renew your certificate with a $25 late penalty fee for each month or fraction of a month that has passed since Oct. 1, of this year. See Administrative Rule of South Dakota (ARSD) 20:14:10:04 for more information.


Late Supervisory Appraiser Renewals

If your supervisory appraiser endorsement expired on Sept. 30, of this year, you have until March 31, of the next year to renew your endorsement with a $25 late penalty fee for each month or fraction of a month that has passed since Oct. 1, of this year. See ARSD 20:14:10:04 for more information.


Upgrading Clarification

Please note: It is not mandatory for a State-Registered Appraiser to upgrade to the State-Licensed Appraiser classification. A State-Registered Appraiser may upgrade to State-Certified Residential or State-Certified General.


Email and Address Changes Must Be Reported

It is important that any email and address changes be reported to the Appraiser Certification Program as timely as possible. For appraisal management companies, the changes are to be reported to our office within five days of the change. For appraisers, it is to be immediately upon any change of residential or business address, along with the email address, if available.

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Appraisal Experience Log

Appraisal experience must be documented using the Appraisal Experience Log (Microsoft Excel format). Instructions for completion are included in the file. Only this format is accepted for assignments and experience hours claimed on or after June 1, 2015.

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