Appraisal Management Company Registration Program
The State of South Dakota's Appraisal Management Company Registration Program is now in operation in accordance with legislation enacted during the 2011 South Dakota Legislative Session. The Program is accepting applications to register Appraisal Management Companies in this state. Any appraisal management company doing business in the State of South Dakota on or after January 1, 2012 will be required to be duly registered or cease business until registered.
Regulatory Authority
South Dakota Codified Law 36-21D effective July 1, 2011
Administrative Rule of South Dakota 20:77 effective September 20, 2011
Please review these documents to ensure compliance.
Application
Submit the following by November 15, 2011:
- Application (in Adobe .pdf format*)
- Fee - $1,000 initial registration fee
- Certificate from the Secretary of State's office certifying authority to conduct business in the State of South Dakota
Registration Term
The registration term is January 1 through December 31 of each year.
Renewal
Submit the following by November 15 of each year beginning November 15, 2012:
- Renewal application
- Fee - $750 registration renewal fee
- Certification from the Secretary of State's office certifying authority to conduct business in the State of South Dakota
The renewal application will be mailed to all registered appraisal management companies on or around October 1 of each year. An appraisal management company may renew the registration at any time prior to three months after its date of expiration; however, there is a late renewal penalty fee.
Change of Address, Designated Officer or Controlling Person
The Appraiser Certification Program must be notified, in writing, within five days of a change of address, designated officer or controlling person.
For information or assistance, please contact Sherry Bren using the contact information below.
Contact Us
Executive Director, Sherry Bren
South Dakota Appraiser Certification Program
445 E. Capitol Avenue
Pierre, SD 57501-3185
Phone: 605.773.4608
Fax: 605.773.5369
e-mail: appraisercertification@state.sd.us
*Opening and printing Adobe .pdf files requires Adobe Acrobat Reader. Click here as needed to download the free Adobe Acrobat Reader.
700 Governors Drive
Pierre, SD 57501-2291
Tel. 605.773.3101
Fax. 605.773.6184
