1. (1) “Appraisal Foundation” means the Appraisal Foundation established November 30, 1987, as a not-for-profit corporation under the laws of Illinois containing the Appraisal Standards Board (ASB), Appraiser Qualifications Board (AQB), a board of trustees, and other advisory bodies.
2. (2) “Asynchronous” means communication that does not take place at the same time. It is characterized by as needed, intermittent communication.
3. (3) “Board” means the South Carolina Real Estate Appraisers Board established pursuant to the provisions of the South Carolina Real Estate Appraisers License and Certification Act.
4. (4) “Co-Appraiser” refers to appraisals in which more than one appraiser works as a team. Applicants must have performed at least fifty (50%) percent of the work on an appraisal.
5. (5) “Desk Review” refers to the review of an appraisal performed by another person (including a person under the applicant’s supervision) but does not include a physical inspection of the subject property.
6. (6) “Direct Supervision” means personally reviewing an appraisal report prepared by an apprentice and signing and certifying the report as being independently and impartially prepared and in compliance with the Uniform Standards of Professional Appraisal Practice, these regulations and applicable statutory requirements.
7. (7) “Distance Education” means the process of delivering instruction when the instructors and the students are separated by distance.
8. (8) “Field Review” refers to the review of an appraisal performed by another person who has conducted a physical inspection of the property, as well as verified the data and checked the calculations contained in the appraisal under review.
9. (9) “Lister” refers to duties individuals perform in mass appraisals that are typically limited to the location of real property, measurement of improvements relative to such things as number of bedrooms and bathrooms, siding, decks, or other miscellaneous information.
10. (10) “Sole Appraiser” refers to appraisals that are completed by only one person.
11. (11) “Standards of Professional Appraisal Practice” or “USPAP” means the National Uniform Standards of Professional Appraisal Practice as adopted by the Appraisal Standards Board (ASB) of the Appraisal Foundation and adopted by the Board.
12. (12) “Synchronous” means communication in which the interaction is simultaneous. It is characterized by live two-way communication.

HISTORY: Added by State Register Volume 32, Issue No. 2, eff February 22, 2008. Amended by State Register Volume 38, Issue No. 6, Doc. No. 4426, eff June 27, 2014; SCSR 42-5 Doc. No. 4766, eff May 25, 2018; SCSR 46-5 Doc. No. 5100, eff May 27, 2022; SCSR 49-5 Doc. No. 5340, eff May 23, 2025.