S.C. Code Regs. § § 137-200.03

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

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

S.C. Code Regs. § 137-200.03

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.