Section 10-6-74 - Restrictions on using certain real property to value other real property--Exclusionfrom sales ratio study. - South Dakota Statutes

10-6-74. Restrictions on using certain real property to value other real property--Exclusion from sales ratio study. Any real property which sells for more than one hundred fifty percent of its assessed value, may not be used for the purpose of valuing other real property. The sale of any real property which is not used for the purpose of valuing other real property pursuant to this section may not be used in any sales ratio study. (This section is repealed effective July 1, 2014 pursuant to SL 2008, ch 44, § 4.)

Source: SL 1999, ch 44, § 1.