S.C. Code Regs. § § 137-100.05

Current through Register Vol. 48, No. 11, November 22, 2024
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.)

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.)

(Apartments, condominiums, townhouses, mobile home parks, etc.)

E.

Commercial Single-Tenant:

40

30

(Office building, retail store, restaurant, service station, bank, day-care center, etc.)

F.

Commercial Multi-Tenant:

64

48

(Office building, shopping center, hotel/motel, etc.)

G.

Industrial:

(Warehouse, manufacturing plant, etc.)

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.)

I.

Specialized or more complex properties

Hours to be determined by Board upon submission.

S.C. Code Regs. § 137-100.05

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, eff 6/27/2014; State Register Volume 42, Issue No. 05, eff. 5/25/2018; State Register Volume 46, Issue No. 05, eff. 5/27/2022.