South Carolina Code of Regulations
Chapter 137 - DEPARTMENT OF LABOR, LICENSING AND REGULATION-SOUTH CAROLINA REAL ESTATE APPRAISERS BOARD
Section 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 |
Sole Appraiser Hours Assigned |
Co-Appraiser Hours Assigned |
|
|
A. |
Vacant Land: |
20 |
15 |
|
(Undeveloped nonresidential tracts, residential multifamily sites, commercial sites, industrial sites, lands in transition, etc.) |
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|
B. |
Rural/Agricultural: |
||
|
(51 to 250 acres) |
20 |
15 |
|
|
(more than 250 acres) |
32 |
24 |
|
|
C. |
Residential Multi-Family (5-12 units): |
40 |
30 |
|
D. |
Residential Multi-Family (13 units or more): |
56 |
42 |
|
(apartments, condominiums, townhouses, mobile home parks, etc.) |
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|
(Apartments, condominiums, townhouses, mobile home parks, etc.) |
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|
E. |
Commercial Single-Tenant: |
40 |
30 |
|
(Office building, retail store, restaurant, service station, bank, day-care center, etc.) |
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|
F. |
Commercial Multi-Tenant: |
64 |
48 |
|
(Office building, shopping center, hotel/motel, etc.) |
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|
G. |
Industrial: |
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|
(Warehouse, manufacturing plant, etc.) |
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|
Under 20,000 square feet |
40 |
30 |
|
|
20,000 square feet or more |
72 |
54 |
|
|
H. |
Institutional: |
72 |
54 |
|
(Nursing home, hospital, school, church, government building, etc.) |
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|
I. |
Specialized or more complex properties |
Hours to be determined by Board upon submission. |
