Current Status Introducing Body:House Bill Number:4574 Primary Sponsor:Barber Committee Number:26 Type of Legislation:GB Subject:Real estate appraiser, educational requirements Residing Body:House Current Committee:Labor, Commerce and Industry Computer Document Number:BBM/9806.JM Introduced Date:Mar 19, 1992 Last History Body:House Last History Date:Mar 19, 1992 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Barber White Type of Legislation:General Bill
Bill Body Date Action Description CMN
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4574 House Mar 19, 1992 Introduced, read first time, 26
referred to Committee
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TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 40-60-75 SO AS TO GRANT AN EXEMPTION TO CERTAIN PERSONS FROM THE EDUCATIONAL AND EXAMINATION REQUIREMENTS OF SECTION 40-60-70(B) FOR THE STATE-LICENSED REAL ESTATE APPRAISER CLASSIFICATION, TO WITHHOLD THE EXEMPTION UNDER CERTAIN CIRCUMSTANCES, AND TO AUTHORIZE THE SOUTH CAROLINA REAL ESTATE APPRAISERS BOARD TO MODIFY THE PROVISIONS OF SECTION 40-60-75 TO BRING IT INTO CONFORMITY WITH GUIDELINES OR RULINGS ESTABLISHED BY THE APPRAISAL SUBCOMMITTEE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The 1976 Code is amended by adding:
"Section 40-60-75. (A) A person who, on or before December 31, 1991, had been continuously licensed as an appraiser under the laws of this State for at least thirty years is exempt from the examination and educational requirements of Section 40-60-70(B) for the state-licensed real estate appraiser classification.
(B) No person who has been convicted of a violation of Chapter 57 of Title 40 or Chapter 60 of Title 40 or who has had his license suspended or revoked by the commission shall be exempt from educational and examination requirements of this chapter under this provision.
(C) The board is authorized to modify the provisions of this section to bring it into conformity with guidelines or rulings established by the appraisal subcommittee."
SECTION 2. This act takes effect upon approval by the Governor.