S.C. Code Regs. § 137-500.01 - Continuing Education
(A) All
appraisers, including apprentice appraisers, prior to their first and all
subsequent renewals of their authorization to engage in real estate appraisal
activity, must complete the continuing education requirement of at least
twenty-eight (28) class hours of approved instruction biennially.
(B) Continuing education is to be reported on
a form approved by the Board and must have all supporting documentation
attached. To ensure that it is recorded prior to the renewal deadline of June
30 and does not delay an appraiser's renewal, it should be received by the
Board no later than June 1. The Board cannot guarantee that a renewal will be
processed prior to the expiration date of June 30 if forms are received after
June 1.
(C) Approved qualifying
courses may be used to meet the continuing education requirement provided that
the following conditions are met:
(1)
Qualifying courses must be on the Board's approved list.
(2) The level of the course must be above the
appraiser's current status [e.g. a licensed appraiser may receive continuing
education credit for taking a Certified Residential or Certified General Level
Course].
(3) Credit will not be
given for the same category course taken within a two (2) year
period.
(4) The current 7-hour
National Uniform Standards of Professional Appraiser Practice Update Course
must be taken by all appraisers prior to each renewal.
(D) Appraisers may request that they receive
credit for continuing education for a course taken that has not been approved
by the Board. Appraisers may use qualifying courses for continuing education
credit provided that the content is substantially different from their
previously completed qualifying courses. Credit will be granted only if the
appraiser provides satisfactory proof of course completion and the Board finds
that the course meets the criteria set for continuing education courses with
regard to subject matter, course length, instructor qualification and student
attendance. Requests for continuing education credit for non-approved courses
must be made on a form approved by the Board and must be submitted along with a
nonrefundable fee.
(E) Appraisers
who received their authority to engage in real estate appraisal activity in
South Carolina through either a reciprocal agreement with their state of
residence or as a non-resident South Carolina appraiser may meet the continuing
education requirements by providing evidence that they have met the continuing
education requirements of their state of residence. Such real estate appraisal
requirements must meet South Carolina's minimum hour requirements and be
approved by the regulatory agency in their state.
(F) Submission of false or misleading
information is grounds for immediate suspension of the appraiser's authority to
practice along with other possible disciplinary actions.
(G) Approved instructors may receive up to
one-half of their continuing education credit for teaching continuing education
courses, subject to Board approval. Credit will not be given for the same
continuing education course more than once during a continuing education
cycle.
Notes
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