S.C. Code Regs. § 137-100.05

Current through Register Vol. 48, No. 34, August 23, 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.