Nev. Admin. Code § 361.573 — 361.573

NAC 361.573    Revocation and reinstatement of appraiser’s certificate;
reapplication after revocation. ( NRS
360.090 , 361.221 , 361.224 )
1.  The Department may, upon the
recommendation of the Board, revoke the appraiser’s certificate of a person
under any of the following circumstances:
(a) The person fails to satisfy the requirements
for continuing education set forth in this chapter and NRS 361.223 . The Department may,
upon the recommendation of the Board, reinstate the appraiser’s certificate if
the person subsequently satisfies the requirements for continuing education and
passes the appraiser’s certificate examination.
(b) The person is an independent contractor and the
person fails to renew his or her appraiser’s certificate annually as required
by this chapter. The Department may, upon the recommendation of the Board,
reinstate the appraiser’s certificate if the person subsequently satisfies the
requirements for renewing his or her appraiser’s certificate and passes the
appraiser’s certificate examination.
(c) The person’s appraiser’s certificate has been
suspended for a period of more than 1 year. The Department may, upon the
recommendation of the Board, reinstate the appraiser’s certificate if the
person passes the appraiser’s certificate examination.
(d) The person engages in unethical professional
conduct, including, without limitation:
(1) Making oral or written public statements
in the course of performing duties as an appraiser that are untrue or intended
to mislead or deceive the public.
(2) Engaging in activities relating to the
appraisal or assessment of property if the person has, or may reasonably be
considered by the public as having, a conflict of interest with regard to that
property.
(3) Accepting assignments relating to the
appraisal or assessment of property which are contingent on or influenced by
any condition that could impair the objectivity of the person.
(4) Failing to perform the duties of an
appraiser in accordance with applicable statutes and regulations.
2.  If the appraiser’s certificate of a
person is revoked pursuant to paragraph (d) of subsection 1:
(a) The Department will not accept or review an
application for an appraiser’s certificate from that person within 3 years
after the date of the revocation.
(b) If the person files an application for an
appraiser’s certificate after the expiration of the 3-year period, the
applicant must:
(1) Provide the Department with the resume of
the applicant which documents his or her education, his or her experience as an
appraiser and any professional designations or certificates he or she holds,
and which contains the names of at least two personal references. The
Department may investigate the truthfulness of the information and
representations set forth in the resume.
(2) Pass the appraiser’s certificate
examination.
(c) The Board may recommend that the application
for an appraiser’s certificate filed by the person pursuant to paragraph (b) be
approved if the Board finds that the person has satisfied the requirements of
paragraph (b) and that the person has not engaged in unethical professional
conduct as described in paragraph (d) of subsection 1 at any time since the
revocation of his or her appraiser’s certificate.
3.  The Board may not recommend the
revocation of an appraiser’s certificate except after a meeting noticed in
accordance with NRS 241.034 .
4.  A person whose appraiser’s certificate is
revoked by the Department shall not render an opinion concerning the value of
property but may collect data for use by certified appraisers to establish
value.
(Added to NAC by Tax Comm’n by R028-03, eff. 12-4-2003)