South Dakota § 54-14-38 - Improper influence on real estate appraisals prohibited--Grounds for discipline.
Full text of South Dakota South Dakota Codified Laws § 54-14-38 — Improper influence on real estate appraisals prohibited--Grounds for discipline., with citation guidance and answers to common questions.
§ 54-14-38. Improper influence on real estate appraisals prohibited--Grounds for discipline.
No mortgage lender, mortgage broker, or mortgage loan originator, required to be licensed or registered by this chapter, with an interest in a real estate transaction or the financing of any loan secured by real estate involving an appraisal assignment may improperly influence or attempt to improperly influence the development, reporting, result, or review of a real estate appraisal by:
(1) Coercion, extortion, or bribery;
(2) Withholding or threatened withholding of payment for an appraisal fee;
(3) Conditioning of the payment of an appraisal fee upon the opinion, conclusion, or valuation to be reached;
(4) Requesting that the appraiser report a predetermined opinion, conclusion, or valuation or the desired valuation of any person; or
(5) Any other act or practice that impairs or attempts to impair an appraiser's independence, objectivity, and impartiality.
A violation of this section may constitute grounds for discipline against a mortgage lender, mortgage broker, or mortgage loan originator who is licensed or registered pursuant to this chapter.
Source: SL 2009, ch 192, § 3.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 54-14-38
What does South Dakota Codified Laws § 54-14-38 cover?
Section 54-14-38 ("Improper influence on real estate appraisals prohibited--Grounds for discipline.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 54-14-38?
A common citation format is "South Dakota Codified Laws § 54-14-38" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 54-14-38 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.