Statutes, codes, and regulations
South Carolina Code of Regulations
Chapter 10 - DEPARTMENT OF LABOR, LICENSING AND REGULATION
Section 10-36 - Real Estate Appraisers Board

S.C. Code Regs. § § 10-36

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Current through Register Vol. 48, No. 10, October 25, 2024
Section 10-36 - Real Estate Appraisers Board

The Board shall charge the following fees:

(1)

Apprentice appraiser permit:

$255

(2)

Apprentice appraiser permit renewal:

$255

(3)

Mass appraiser renewal:

$255

(4)

Appraiser license/certification:

$250

(5)

Appraiser license/certification renewal:

$250

(6)

Appraisal Management Company registration fee:

$1000

(7)

Appraisal Management Company renewal:

$1000

(8)

Late penalty for renewal of license/certification/inactive status:

(a) July 1 through July 31:

$60

(b) August 1 through August 31:

$80

(c) After August 31 and before next renewal period:

$120

(9)

Late penalty for renewal of registration status:

July 1 through June 30 (per month):

$80

(10)

Permit/license/certification replacement fee (per application):

$5

(11)

Personal or company name change (per application):

5

(12)

Inactive status:

$160

(13)

Reinstatement from inactive licensed or certified appraiser:

$90

(14)

Attestation of license/certification (per request):

$5

(15)

Course approval (under 15 hours) (per application):

$80

(16)

Course approval (15 hours or more) (per application):

$160

(17)

Course approval renewal:

$80

(18)

Penalty for late course renewal:

$40

(19)

Instructor approval (per application):

$160

(20)

Instructor approval renewal:

$120

(21)

Penalty for late instructor renewal:

$40

(22)

Appraisers or Appraisal Management Company roster (per request):

$10

(23)

Change in appraiser classification (per application):

$60

(24)

Appraiser equivalent continuing education approval (per application):

$40

(25)

Bad check charge (per occurrence):

$30 (or amount specified by law; see Section 34-11-70 )

(26)

Temporary practice permit (per application):

$120

(27) In addition to fees listed above, an annual Federal Registry Transmittal fee of $40 established by Public Law 101-73, Title XI, Real Estate Appraisal Reform Amendments will be charged for all licenses and certification and shall be collected on a biennial basis ($80).
(28) An annual Appraisal Management Federal Registry Transmittal fee from registered appraisal management companies and federally regulated appraisal management companies in the amount determined by the Appraisal Subcommittee of the Federal Financial Institutions Examination Council shall be collected biennially.

S.C. Code Regs. § 10-36

Added by 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 45, Issue No. 05, eff. 5/28/2021.