South Dakota Administrative Rules
Title 4 - School And Public Lands
Article 4:01 - Leases
Chapter 4:01:08 - Land exchanges
Section 4:01:08:05 - Recovery of expenses of exchange preparation
Universal Citation: SD Admin Rules 4:01:08:05
Current through Register Vol. 51, page 43, September 23, 2024
In mutually beneficial cases, the commissioner may negotiate with the landowner to share the expenses incurred in the exchange of land preparation, such as the appraisal or appraisal report, cost and legal fees associated with deed preparation, conveyance of title, and exchange agreement preparation. However, the commissioner may charge the landowner for the costs incurred to obtain the appraisal or appraisal report of the land to be exchanged. In such event, the commissioner shall provide a copy of the cost of the appraisal to the landowner and request payment to be made within 30 days to the appraiser.
General Authority: SDCL 5-3-7.
Law Implemented: SDCL 5-3-7.
Disclaimer: These regulations may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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