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Code · South Dakota · Title 36 · Chapter 36-21

36-21A-12.2. Broker price opinion and comparative market analysis defined.

84 words·~1 min read·/sd/title-36/chapter-36-21/36-21a-12-2

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For the purposes of this chapter, the terms, broker price opinion and comparative market analysis, mean an estimate prepared by a licensed broker or salesperson that details the probable selling price or leasing price of a particular parcel of or interest in real property and provides a varying level of detail about the property's condition, market and neighborhood, and information on comparable properties, but does not include an automated valuation model. A broker price opinion or a comparative market analysis is not an appraisal.
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