Important Information for All South Carolina Appraisers
Please remember, all appraisers, including apprentice appraisers are required to have the 2024 USPAP Update before renewing a license in 2024. If you are an out-of-state licensee and you are licensed in your state of residence, you will need to follow the requirements of your resident state. To clear up any confusion as to the requirements for apprentice appraisers, concerning continuing education, included below is the same information that was sent out in previous renewal periods.
The continuing education for apprentice appraisers (or other initial licensees that are a SC resident) has not changed. An individual applying for licensure in the first year after a renewal (for current renewal period this would include initial licensing date between 7/1/2022-6/30/2023) will be considered to have a two-year license and will need 28 hours of continuing education (to include the current 2024 7-hour USPAP Update). An individual applying for licensure in the second year after renewal (for current renewal period this would include initial licensing date of 7/1/2023-3/31/2024) will be considered to have a one-year license and will need 14 hours of continuing education (to include the current 2024 7-hour USPAP Update). Individuals who take the 15-hour USPAP (2024 QE3 qualifying course) after January 1 st of the renewal year, do not have to take the 7-hour USPAP Update, but still must satisfy 14 hours of continuing education before renewing. Any initial license issued after April 1st in the renewal year will be given the next expiration date (for the upcoming renewal, the expiration date would be June 30, 2026).
Additional questions can be directed to staff by choosing the appropriate option under "Contact Us" on the right side of this page.
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Important information for all Appraisal Management Companies registered with the South Carolina Real Estate Appraisers Board
Appraisal Management Companies renew in South Carolina biennially in odd years, so the next renewal fee and documentation will be due by June 30, 2023.
The Board is adding the option to renew online beginning with the 2023 renewal. The online renewal will be available sometime after April 1, 2023. There are a few documents required in the renewal process, and these documents (financial statement, bond or bond continuation and owners’ forms) will need to be submitted separately from the online renewal. You can e-mail the documents or mail them directly to the Board. The renewal will not be complete until board staff is in receipt of all documents and payment.
Appraisal Management Companies also have to pay National Registry fees annually. The Board will begin collecting National Registry fees after April 1, 2023, and the fees must be paid by June 30, 2023. The National Registry form will be available on the Board’s website sometime after April 1, 2023 and can be completed and mailed directly to the Board any time before June 30, 2023. All registered Appraisal Management Companies, regardless of the initial registration date, must submit this completed form, even if no money is owed.
The National Registry fee cannot be paid online. However, if you choose to, you can e-mail staff your completed form (available after April 1, 2023) and we can invoice the fee after documentation has been reviewed and approved. You may e-mail staff here.
Please review the website for mailing address, board e-mail address, and new or updated forms. As always, you can contact Board staff for answers to any of your questions concerning laws, policies and other requirements if you are unable to locate your answers on the website.