What happens to personal property values when a South Dakota sheriff levies?
They go on the court record. Under SDCL Chapter 43-45, the sheriff or levying officer must return an inventory and appraisement of the debtor's personal property, including exempt property, with the writ. The debtor may then select exempt property worth up to $7,000 as head of a family or $5,000 otherwise, chosen and appraised as provided by law.
Which household items can never be taken to satisfy a South Dakota judgment?
The absolutely exempt categories: all family pictures, all wearing apparel and clothing of the debtor and family, the family Bible and schoolbooks plus other library books up to $200, and a one-year supply of provisions and fuel. Damaged items in these categories still get valued for insurance or tort purposes; they just cannot be levied.
Does South Dakota's appraiser licensing law reach personal property?
No. SDCL 36-21B defines regulated appraisal as developing an opinion of real estate value, and the certification rules in ARSD 20:14, including the USPAP compliance requirement, apply to that real estate program. Valuations of vehicles, jewelry, equipment, and other personal property in damage claims are instead judged on the appraiser's qualifications and evidence.
How is damaged estate property valued in South Dakota?
At fair market value as of the date of death, with SDCL 29A-3-706 authorizing the personal representative to employ one or more qualified and disinterested appraisers for assets whose value is not readily ascertainable, and different appraisers for different asset classes. Readily priced items may be valued by the representative directly.