South Carolina Code of Regulations
Chapter 137 - DEPARTMENT OF LABOR, LICENSING AND REGULATION-- SOUTH CAROLINA REAL ESTATE APPRAISERS BOARD
137-200.03 - Nonresidential Mass Appraisals.

Universal Citation: SC Code Regs 137-200.03

137-200.03. Nonresidential Mass Appraisals.

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

(A) Sole Appraiser

Type of Appraisal Hours Assigned

1. Vacant Land New 2

Update 1

2. Rural Agricultural New 2 (51 acres to 250 acres) Update 1

Type of Appraisal Hours Assigned

3.Rural AgriculturalNew2
(more than 250 acres)Update1
4.Multi-FamilyNew8
(5-12 units)Update4
5.Multi-FamilyNew12
(13 or more units)Update6
6.CommercialNew8
(single tenant)Update4
7.CommercialNew16
(multi-tenant)Update8
8.IndustrialNew8
(under 20,000 square feet)Update4
9.IndustrialNew12
(more than 20,000 square feet)Update6
10.InstitutionalNew12
Update6

(B) Co-Appraiser.

Type of Appraisal Hours Assigned

1.Vacant LandNew1
Update.50
2.Rural AgriculturalNew1
(51 acres to 250 acres)Update.50
3.Rural AgriculturalNew1
(more than 250 acres)Update.50
4.Multi-FamilyNew4
(5-12 units)Update2
5.Multi-FamilyNew6
(13 or more units)Update3
6.CommercialNew4
(single tenant)Update2
7.CommercialNew8
(multi-tenant)Update4
8.IndustrialNew4
(under 20,000 square feet)Update2
9.IndustrialNew6
(more than 20,000 square feet)Update3
10.InstitutionalNew6
Update3

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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