CHAPTER 137.
Department of Labor, Licensing and Regulation- South Carolina Real Estate Appraisers Board
SECTION 100.
Definitions.
SUBSECTION 04.
Residential Experience Hours.
137-100.04. Residential Experience Hours.
The following hours may be awarded by the Board concerning property types when evaluating residential appraisal experience:
Type of Appraisal
Sole Appraiser Hours Assigned
Co-Appraiser Hours Assigned
1.
Appraisal of Single-Family
8
6
(one unit dwelling)
2.
Appraisal of Multi-Family
16
12
(two-four units)
3.
Appraisal of Vacant Residential Lot
6
4.5
4.
Appraisal of Rural Residential Land
16
12
(10-50 acres)
5.
All other residential properties, larger or more complex than typical properties.
Hours to be determined by the Board upon submission.
HISTORY: Amended by State Register Volume 25, Issue No. 5, Part 2, eff May 25, 2001; State Register Volume 38, Issue No. 6, Doc. No. 4426, eff June 27, 2014; SCSR 42-5 Doc. No. 4766, eff May 25, 2018; SCSR 46-5 Doc. No. 5100, eff May 27, 2022.
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