South Carolina Code of Regulations
Chapter 137 - DEPARTMENT OF LABOR, LICENSING AND REGULATION-- SOUTH CAROLINA REAL ESTATE APPRAISERS BOARD
137-100.05 - Nonresidential Experience Hours.
137-100.05. Nonresidential Experience Hours.
The following hours may be awarded by the Board concerning property types when evaluating nonresidential appraisal experience:
Type of Appraisal Hours Assigned
A. Vacant Land: 20
(Undeveloped nonresidential tracts, residential multifamily sites, commercial sites, industrial sites, lands in transition, etc.)
(51 to 250 acres) 20
(more than 250 acres) 32
Type of Appraisal
Residential Multi-Family (5-12 units):
D. Residential Multi-Family (13 units or more): 56 (apartments, condominiums, townhouses, mobile home parks, etc.)
(Apartments, condominiums, townhouses, mobile home parks, etc.)
E. Commercial Single-Tenant: 40 (Office building, retail store, restaurant, service station, bank, day-care center, etc.)
F. Commercial Multi-Tenant: 64 (Office building, shopping center, hotel/motel, etc.)
G. Industrial: (Warehouse, manufacturing plant, etc.)
Under 20,000 square feet 40
20,000 square feet or more 72
H. Institutional: 72 (Nursing home, hospital, school, church, government building, etc.)
I. Specialized or more complex properties Hours to be determined by Board upon submission.
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.