South Dakota Administrative Code

Rule 64:04:01:24 Repealed. 64:04:01:24. Formula used to test whether property is NA-Z when a soil survey is available. Repealed. Source: 27 SDR 9, effective August 7, 2000; 30 SDR 211, effective July 1, 2004; repealed, 37 SDR 69, effective October 19, 2010.

Rule 64:04:01:25 Repealed. 64:04:01:25. Formula used to test whether property is NA-Z when a soil survey is not available. Repealed. Source: 27 SDR 9, effective August 7, 2000; 30 SDR 211, effective July 1, 2004; repealed, 37 SDR 69, effective October 19, 2010.

Rule 64:04:01:26 Definition of manufactured and mobile home dealer's inventory. 64:04:01:26. Definition of manufactured and mobile home dealer's inventory. For the purposes of SDCL 10-4-2.4, 10-9-2, and 10-21-39, a manufactured or mobile home, as defined in SDCL subdivisions 32-3…

Rule 64:04:01:27 Repealed. 64:04:01:27. Required report by director of equalization. Repealed. Source: 28 SDR 178, effective July 1, 2002; 47 SDR 71, effective December 10, 2020.

Rule 64:04:01:28 Form required for opt out resolution. 64:04:01:28. Form required for opt out resolution. The form for the opt out resolution required by SDCL subdivision 10-12-43(4) and SDCL subdivision 10-13-36(4) is PT 182. The time period specified in the opt out resolution s…

Rule 64:04:01:29 Repealed. 64:04:01:29. Definitions for determining agricultural income value. Repealed. Source: 29 SDR 177, effective July 2, 2003; 32 SDR 58, effective October 25, 2005; repealed, 37 SDR 69, effective October 19, 2010.

Rule 64:04:01:30 Repealed. 64:04:01:30. Assessing agricultural land when there are less than fifteen arms-length transactions. Repealed. Source: 29 SDR 177, effective July 2, 2003; 32 SDR 69, effective November 7, 2005; repealed, 37 SDR 69, effective October 19, 2010. 64:04:01:30…

64:04:01:30.01. Director of equalization permitted to make adjustments to values when using productivity valuation to establish value. The county director of equalization may adjust values when using the productivity valuation method of valuing agricultural land. The adjustments …

Rule 64:04:01:31 Establishing equalization factor. 64:04:01:31. Establishing equalization factor. For the department to accurately establish the equalization factors, each county shall supply the following information no later than January 1 of the year the factor is to be establ…

Rule 64:04:01:31.01 Department to review adjustments for consideration in determining equalization factor. 64:04:01:31.01. Department to review adjustments for consideration in determining equalization factor. To determine the agricultural equalization factor for a county, the de…

Rule 64:04:01:32 Transferred. 64:04:01:32. Transferred to § 64:17:01:01.

Rule 64:04:01:33 Transferred. 64:04:01:33. Transferred to § 64:17:01:02.

Rule 64:04:01:34 Transferred. 64:04:01:34. Transferred to § 64:17:01:03.

Rule 64:04:01:35 Transferred. 64:04:01:35. Transferred to § 64:17:01:04.

Rule 64:04:02:01 Repealed. 64:04:02:01. Nonregistered aircraft.Repealed. Source: 4 SDR 5, effective August 7, 1977; repealed, 13 SDR 129, 13 SDR 134, effective July 1, 1987.

Rule 64:04:02:02 Repealed. 64:04:02:02. Nonregistered vehicles.Repealed. Source: 4 SDR 5, effective August 7, 1977; repealed, 13 SDR 129, 13 SDR 134, effective July 1, 1987.

Rule 64:04:02:03 Repealed. 64:04:02:03. Machinery permanently attached.Repealed. Source: 4 SDR 5, effective August 7, 1977; 13 SDR 129, 13 SDR 134, effective July 1, 1987; repealed, 24 SDR 31, effective September 17, 1997.

Rule 64:04:02:04 Repealed. 64:04:02:04. Farm property other than livestock -- Property located in several taxing districts.Repealed. Source: 4 SDR 5, effective August 7, 1977; repealed, 13 SDR 129, 13 SDR 134, effective July 1, 1987.

Rule 64:04:02:05 Repealed. 64:04:02:05. Personal property located on a farm operated by a tenant or others.Repealed. Source: 4 SDR 5, effective August 7, 1977; repealed, 13 SDR 129, 13 SDR 134, effective July 1, 1987.

Rule 64:04:02:06 Repealed. 64:04:02:06. Manufacturers to be assessed where located.Repealed. Source: 4 SDR 5, effective August 7, 1977; repealed, 13 SDR 129, 13 SDR 134, effective July 1, 1987.

Rule 64:04:02:07 Repealed. 64:04:02:07. Merchants assessed where located -- Inventories listed where kept.Repealed. Source: 4 SDR 5, effective August 7, 1977; repealed, 13 SDR 129, 13 SDR 134, effective July 1, 1987.

Rule 64:04:02:08 Repealed. 64:04:02:08. Capital stock and franchises to be listed where located.Repealed. Source: 4 SDR 5, effective August 7, 1977; repealed, 13 SDR 129, 13 SDR 134, effective July 1, 1987.

Rule 64:04:02:09 Repealed. 64:04:02:09. Logs and timber -- Assessed where located.Repealed. Source: 4 SDR 5, effective August 7, 1977; repealed, 13 SDR 129, 13 SDR 134, effective July 1, 1987.

Rule 64:04:02:10 Repealed. 64:04:02:10. Personal property of an estate.Repealed. Source: 4 SDR 5, effective August 7, 1977; repealed, 13 SDR 129, 13 SDR 134, effective July 1, 1987.

Rule 64:04:02:11 Repealed. 64:04:02:11. Property in the hands of an agent.Repealed. Source: 4 SDR 5, effective August 7, 1977; repealed, 13 SDR 129, 13 SDR 134, effective July 1, 1987.

Rule 64:04:02:12 Repealed. 64:04:02:12. Household goods to be assessed where kept.Repealed. Source: 4 SDR 5, effective August 7, 1977; repealed, 13 SDR 129, 13 SDR 134, effective July 1, 1987.

Rule 64:04:02:13 Repealed. 64:04:02:13. Personal property located in this state by nonresident owner.Repealed. Source: 4 SDR 5, effective August 7, 1977; repealed, 13 SDR 129, 13 SDR 134, effective July 1, 1987.

Rule 64:04:02:14 Repealed. 64:04:02:14. Tangible personal property located in another state.Repealed. Source: 4 SDR 5, effective August 7, 1977; repealed, 13 SDR 129, 13 SDR 134, effective July 1, 1987.

Rule 64:04:02:15 Repealed. 64:04:02:15. Business structures located on railroad right-of-way.Repealed. Source: 4 SDR 5, effective August 7, 1977; repealed, 13 SDR 129, 13 SDR 134, effective July 1, 1987.

Rule 64:04:04:01 Cost approach to valuation of property. 64:04:04:01. Cost approach to valuation of property. The standard appraisal guides for use by all directors of equalization in the state for cost approach calculations for valuation of residential and non-residential proper…

Rule 64:04:04:02 Residential real estate appraisal guide. 64:04:04:02. Residential real estate appraisal guide. As incorporated in § 64:04:04:01, the standard real estate appraisal guides for use by all directors of equalization in the state for appraisal of residential structure…

Rule 64:04:04:03 Commercial real estate appraisal guide. 64:04:04:03. Commercial real estate appraisal guide. As incorporated in § 64:04:04:01, the standard real estate appraisal guides for use by all directors of equalization in the state for the appraisal of buildings and impro…

Rule 64:04:04:04 Depreciation tables may be used. 64:04:04:04. Depreciation tables may be used. Existing depreciation tables may be used to estimate physical loss in value provided the tables have been adjusted to fit the local market by a comparison of sales and appraisal of com…

Rule 64:04:04:05 Functional and external obsolescence allowances. 64:04:04:05. Functional and external obsolescence allowances. Functional and external obsolescence allowances must be estimated by analyzing the market value using the income or sales comparison approaches. The est…

Rule 64:04:04:06 Replacement cost data -- Obsolescence. 64:04:04:06. Replacement cost data -- Obsolescence. The replacement cost must be estimated by using cost of local materials and labor and other construction items. From this cost must be deducted an estimated amount for loss…

Rule 64:04:04:07 Replacement costs -- Adds and deducts. 64:04:04:07. Replacement costs -- Adds and deducts. Replacement costs for a residential building must be expressed as so many dollars per square foot of area of building. Important variations in base specifications of an ind…

Rule 64:04:04:08 Base replacement cost. 64:04:04:08. Base replacement cost. Base unit cost figures used in arriving at full and true values for commercial and industrial properties must be taken from the most recent base cost information. Source: 4 SDR 5, effective August 9, 1977…

Rule 64:04:04:09 Variations in base costs. 64:04:04:09. Variations in base costs. Additions to or deductions from the base replacement costs shall be made when there are variations in the building under appraisal from the base specifications to the applicable building quality. So…

Rule 64:04:04:10 Current cost and local multipliers. 64:04:04:10. Current cost and local multipliers. Current cost and local multipliers must be applied to the base cost figures to adjust local costs to reflect recent increases or decreases in labor and materials for that area or…

64:05:01:01. Definitions. Terms used in this chapter mean: (1) "Appraisal-assessment ratio," the ratio between an appraisal done by department personnel and the assessment on a particular piece of property; (2) "Assessed value," the market value; (3) "Assessment year" and "ratio …

Rule 64:05:01:02 Directors to record sales information. 64:05:01:02. Directors to record sales information. County directors shall record sales information on real estate sales cards for each real estate sale and on mobile home sales cards for each mobile home sale. Such informat…

64:05:01:02.01. Annual sales ratio audit. The director of equalization may adjust the selling price of a property for the annual sales ratio audit if the real estate sale or transfer form or the mobile home sale or transfer form is accompanied by documentation showing special and…

Rule 64:05:01:03 Sales proven unusable to be mailed to department. 64:05:01:03. Sales proven unusable to be mailed to department. Any abstracted sale proven to be unusable in the sales ratio study through the verification process for the reasons listed in SDCL 10-11-56 shall be m…

Rule 64:05:01:03.01 Exclusion from sales ratio study -- Change in use. 64:05:01:03.01. Exclusion from sales ratio study -- Change in use. To exclude a sale from the sales ratio study because of a change in the use of the property between the legal assessment date and the date of …

Rule 64:05:01:03.02 Exclusion from sales ratio study -- Major physical change. 64:05:01:03.02. Exclusion from sales ratio study -- Major physical change. To exclude a sale from the sales ratio study because of a major physical change in the property between the legal assessment d…

Rule 64:05:01:03.03 Repealed. 64:05:01:03.03. Exclusion from sales ratio study -- Agricultural land transfers.Repealed. Source: 17 SDR 4, effective July 18, 1990; repealed, 17 SDR 199, effective July 1, 1991.

Rule 64:05:01:04 Repealed. 64:05:01:04. City assessors shall verify sales and mail cards to department.Repealed. Source: 4 SDR 5, effective August 7, 1977; 7 SDR 30, effective October 5, 1980; 13 SDR 129, 13 SDR 134, effective July 1, 1987; repealed, 17 SDR 4, effective July 18, …

Rule 64:05:01:05 Real estate sales cards and mobile home sales cards to show assessed value. 64:05:01:05. Real estate sales cards and mobile home sales cards to show assessed value. Real estate sales cards must show the assessed value of that property based on the assessment of t…

Rule 64:05:01:05.01 Repealed. 64:05:01:05.01. Compliance audit.Repealed. Source: 17 SDR 4, effective July 18, 1990; 20 SDR 210, effective July 1, 1994; 21 SDR 219, effective July 1, 1995; repealed, 23 SDR 117, effective January 27, 1997.

Rule 64:05:01:05.02 Repealed. 64:05:01:05.02. Criteria for determining compliance -- Issuance of certificate.Repealed. Source: 17 SDR 4, effective July 18, 1990; repealed, 20 SDR 210, effective July 1, 1994.