South Carolina Code of Regulations
Chapter 137 - DEPARTMENT OF LABOR, LICENSING AND REGULATION-- SOUTH CAROLINA REAL ESTATE APPRAISERS BOARD
137-100.03 - Appraisal Categories.

Universal Citation: SC Code Regs 137-100.03

137-100.03. Appraisal Categories.

The following categories pertain to various forms of appraiser involvement and the percentage which may be awarded by the Board when evaluating appraisal experience:

Category

Percentages Assigned

(A) Sole Appraiser - 100%

(B) Co-Appraiser - 75%

(C) Field review - In order to 50% qualify for field review experience credit, the applicant must have conducted a physical inspection of the property, as well as verified the data and checked the calculations contained in the appraisal under review. In addition, in order to qualify for experience credit in this category, an applicant must have prepared a written report recommending the acceptance, revision, or rejection of the appraisal under review.

(D) Documentary or Desk Review - of an 25% appraisal performed by another person (including a person under the applicant's supervision) but does not include a physical inspection of the subject property. In order to qualify for experience credit in this category, an applicant must have thoroughly and critically reviewed all portions of the appraisal report and recommended the acceptance, revision, or rejection of the appraisal under review.

HISTORY: Added by State Register Volume 19, Issue No. 6, eff June 23, 1995. 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; SCSR42-5 Doc. No. 4766, eff May 25, 2018.

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