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. 50, page 114, March 25, 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.

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