South Carolina Code of Regulations
Chapter 137 - DEPARTMENT OF LABOR, LICENSING AND REGULATION-SOUTH CAROLINA REAL ESTATE APPRAISERS BOARD
Section 137-200.03 - Nonresidential Mass Appraisals
Universal Citation: SC Code Regs 137-200.03
Current through Register Vol. 48, No. 3, March 22, 2024
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:
|
Type of Appraisal |
Sole Appraiser Hours Assigned |
Co-Appraiser Hours Assigned |
||
|
1. |
Vacant Land |
New |
2 |
1 |
|
Update |
1 |
.50 |
||
|
2. |
Rural Agricultural |
New |
2 |
1 |
|
(51 acres to 250 acres) |
Update |
1 |
.50 |
|
|
3. |
Rural Agricultural |
New |
2 |
1 |
|
(more than 250 acres) |
Update |
1 |
.50 |
|
|
4. |
Multi-Family |
New |
8 |
4 |
|
(5-12 units) |
Update |
4 |
2 |
|
|
5. |
Multi-Family |
New |
12 |
6 |
|
(13 or more units) |
Update |
6 |
3 |
|
|
6. |
Commercial |
New |
8 |
4 |
|
(single tenant) |
Update |
4 |
2 |
|
|
7. |
Commercial |
New |
16 |
8 |
|
(multi-tenant) |
Update |
8 |
4 |
|
|
8. |
Industrial |
New |
8 |
4 |
|
(under 20,000 square feet) |
Update |
4 |
2 |
|
|
9. |
Industrial |
New |
12 |
6 |
|
(more than 20,000 square feet) |
Update |
6 |
3 |
|
|
10. |
Institutional |
New |
12 |
6 |
|
Update |
6 |
|||
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