Appraising the following types of properties qualifies as general appraisal experience:
- (1) land such as farms of 100 acres or more in size, undeveloped tracts, residential multi-family sites other than those listed in Rule .0602 of this Section, commercial sites, industrial sites, or land in transition;
- (2) residential multi-family properties (5 or more units) such as apartments, condominiums, town-houses, or mobile home parks;
- (3) commercial single-tenant properties such as office buildings, retail stores, restaurants, service stations, banks, or day care centers;
- (4) commercial multi-tenant properties such as office buildings, hotels, or shopping centers;
- (5) industrial properties such as warehouses or manufacturing plants; and
- (6) institutional properties such as assisted living facilities, nursing homes, hospitals, schools, churches, or government buildings.
History Note Authority G.S. 93E-1-10;
Eff. July 1, 2016.