South Carolina Statutes
§ 40-60-400 — Certification or licensure required for employees and independent contractors.
South Carolina·Title 40 PROFESSIONS AND OCCUPATIONS·Ch. 60 REAL ESTATE APPRAISERS AND APPRAISAL MANAGEMENT COMPANIES
An employee, or independent contractor of, the appraisal management company must be an appraiser certified or licensed in this State to perform a Uniform Standards of Professional Appraisals Practice Standards 3 and 4 appraisal review of property located in this State.
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Legislative History
HISTORY: 2017 Act No. 32 (S.279), SECTION 1, eff May 10, 2017; 2024 Act No. 196 (H.3278), SECTION 22, eff May 21, 2024. Editor's Note 2017 Act No. 32, SECTION 5, provides as follows: "SECTION 5. This act takes effect upon approval by the Governor. In the event that a registration process is unavailable upon the effective date of this act, an appraisal management company already conducting business in this State may continue to conduct business until one hundred twenty days after a registration process becomes available." Effect of Amendment 2024 Act No. 196, SECTION 22, substituted "Standards 3 and 4" for "Standard 3".
Nearby Sections
15
§ 40-60-115
Board jurisdiction.§ 40-60-130
Grounds for denial of license or discipline.§ 40-60-150
Voluntary surrender of license.§ 40-60-160
Appeal.§ 40-60-170
Investigation and prosecution costs.§ 40-60-180
Collection of costs and fines.§ 40-60-20
Definitions.§ 40-60-210
Injunctive relief; fine.