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

SD Codified L § 36-21A-12.2 (2019) (N/A)
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36-21A-12.2. Broker price opinion and comparative market analysis defined. 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.

Source: SL 2013, ch 178, § 1.