Nevada Administrative Code

NAC 645C.243 Registration as intern: Required instruction. (NRS 645C.210) 1. An applicant for registration as an intern pursuant to NRS 645C.270 must include on his or her application evidence satisfactory to the Division that the applicant has successfully completed, within the …

NAC 645C.244 Required instruction: Content of courses. (NRS 645C.210, 645C.330, 645C.440) The content of the following courses required pursuant to NAC 645C.235 to 645C.243, inclusive, must be as follows: 1. For a course on basic appraisal principles: (a) Real property concepts a…

NAC 645C.2445 Required instruction: Professional qualifications and responsibilities. (NRS 645C.210) A course of instruction required by paragraph (b) of subsection 1 of NAC 645C.108 or subsection 2 of NAC 645C.243 must consist of not less than 2 hours of instruction on: 1. Profe…

NAC 645C.245 Acceptability of courses designed to fulfill educational requirements. (NRS 645C.210, 645C.330) 1. The Division may accept a course of instruction designed to fulfill the educational requirements for licensure or certification without the prior approval of the course…

NAC 645C.248 Approval of distance education course. (NRS 645C.210, 645C.330) 1. An application for approval of a distance education course which complies with the provisions of NRS 645C.330 must be submitted to the Division for review. The application must be made on a form provi…

NAC 645C.250 Unacceptable courses. (NRS 645C.210, 645C.330) 1. The Division will not accept an applicant’s completion of a course of a kind which is designed to prepare students for examination, commonly known as a “cram course,” to fulfill the educational requirements for an ori…

NAC 645C.255 Restrictions on disclosure of examinations to persons associated with school. (NRS 645C.210) 1. An owner, instructor or affiliate of a school approved by the Division or other person associated with the school shall not take an examination for a license or certificat…

NAC 645C.260 Annual renewal of approval; requirements. (NRS 645C.210) 1. Within 15 calendar days after the occurrence of any material change in the school which would affect its approval by the Division, the school shall give the Division written notice of that change. 2. The Div…

NAC 645C.300 Requirements for renewal of active registration, license or certificate and reinstatement of inactive license or certificate. (NRS 645C.210, 645C.440) 1. To renew an active registration, license or certificate, the intern, licensee or holder of the certificate must c…

NAC 645C.302 Biennial renewal of registration as intern; requirements. (NRS 645C.210, 645C.440) 1. A registered intern must complete, every 2 years, at least 30 hours of courses in continuing education that have been approved by the Administrator as a condition of the renewal of …

NAC 645C.303 Verification of information concerning credits for continuing education via website created and maintained by Division. (NRS 645C.210, 645C.220, 645C.440) The Division may allow a registered intern, licensee or holder of a permit or certificate to use the website cre…

NAC 645C.305 Standards for courses. (NRS 645C.210, 645C.440) 1. Courses for continuing education must contain: (a) Current information on appraisal practices which will improve the professional knowledge of the licensee or holder of a certificate and enable him or her to provide …

NAC 645C.310 Unacceptable courses and activities. (NRS 645C.210, 645C.440) The following kinds of courses and activities do not meet the standards for continuing education: 1. A course designed to develop or improve clerical, office or business skills not related to the appraisal…

NAC 645C.315 Approval of distance education course or course given in Nevada; proof of attendance. (NRS 645C.210, 645C.440) 1. An application for approval of a distance education course for continuing education or a course given in Nevada for the continuing education of licensees…

NAC 645C.317 Approval of course provided out of State. (NRS 645C.210, 645C.440) 1. Except as otherwise provided in NAC 645C.315 regarding distance education courses, an appraiser may apply to the Administrator for the approval of a course of continuing education which is provided…

NAC 645C.320 Annual renewal of approval or reapproval of course requirements; grounds for withdrawal of approval. (NRS 645C.210, 645C.440) 1. The approval or reapproval of any course of continuing education by the Administrator is subject to a condition that the Division may audi…

NAC 645C.322 Withdrawal of approval of course after audit. (NRS 645C.210, 645C.440) 1. If the Division audits a course provided in Nevada and determines that the course does not meet the standards for courses of continuing education set forth in this chapter, the Division shall w…

NAC 645C.325 Duties of sponsors: Generally. (NRS 645C.210, 645C.440) 1. The sponsor of an approved course for the continuing education of licensees or holders of certificates shall: (a) Not allow a licensee or holder of a certificate to pass the course by taking the examination w…

NAC 645C.326 Duties of sponsors: Electronic submission of information regarding completion of course. (NRS 645C.210, 645C.220, 645C.440) Not later than 10 days after the completion of a course of continuing education which has been approved by the Administrator, the sponsor of th…

NAC 645C.330 Qualifications of instructors. (NRS 645C.210, 645C.440) 1. An instructor of a course for continuing education must possess: (a) A good reputation for honesty, integrity and trustworthiness; and (b) At least one of the following qualifications, unless granted a specia…

NAC 645C.332 Withdrawal of approval of instructor. (NRS 645C.210, 645C.440) 1. The Division may withdraw the approval of an instructor of a course of continuing education: (a) If any licensing authority has taken disciplinary action against the instructor; or (b) If, after an aud…

NAC 645C.340 Contents of advertising, promotional brochure or form for registration for course. (NRS 645C.210, 645C.440) 1. Any advertising, promotional brochure or form for registration for a course for continuing education must: (a) Contain, in writing, the policy of the sponso…

NAC 645C.345 Requirements for receipt of credit. (NRS 645C.210, 645C.440) 1. A licensee or holder of a certificate may receive credit for continuing education if he or she develops or teaches an approved course. Credit will be given: (a) Once for developing the course; and (b) On…

NAC 645C.350 Allowable hours of credit. (NRS 645C.210, 645C.440) The Administrator shall not allow more than 8 hours of credit per day of instruction for courses of continuing education. (Added to NAC by Comm’n of Appraisers of Real Estate, eff. 1-26-90; A by R100-03, 1-30-2004; …

NAC 645C.355 Credit for attending meeting of Commission. (NRS 645C.210, 645C.440) The Administrator shall grant credit for continuing education, not to exceed 6 hours, to a licensee or holder of a certificate once during each period of licensing or certification if the following …

NAC 645C.370 Definitions. (NRS 645C.210) As used in NAC 645C.370 to 645C.391, inclusive, unless the context otherwise requires, the words and terms defined in NAC 645C.371 and 645C.373 have the meanings ascribed to them in those sections. (Added to NAC by Comm’n of Appraisers of …

NAC 645C.371 “Branch office” defined. (NRS 645C.210) “Branch office” means any office of an appraisal management company, other than a principal office, from which an appraisal of property located in this State is ordered. (Added to NAC by Comm’n of Appraisers of Real Estate by R…

NAC 645C.373 “Principal office” defined. (NRS 645C.210) “Principal office” means the headquarters or main office of an appraisal management company. (Added to NAC by Comm’n of Appraisers of Real Estate by R091-09, eff. 4-20-2010)

NAC 645C.377 Application for initial registration. (NRS 645C.210, 645C.650, 645C.655, 645C.670) 1. An application for the initial registration of an appraisal management company provided by the Division must comply with the requirements of NRS 645C.650 and include the following i…

NAC 645C.379 Application for renewal of registration. (NRS 645C.210, 645C.650, 645C.655, 645C.665) 1. To renew a registration as an appraisal management company, a registrant must submit to the Division: (a) An application for renewal furnished by the Division; (b) The informatio…

NAC 645C.381 Registration fees. (NRS 645C.210, 645C.450, 645C.680) 1. At the time an applicant submits an application for the issuance or renewal of a registration as an appraisal management company, the Division shall collect: (a) For the issuance of an initial registration, a f…

NAC 645C.383 Registration of branch office expires on same day as registration of appraisal management company. (NRS 645C.210) The registration of a branch office of an appraisal management company expires on the same day as the registration of the appraisal management company. (…

NAC 645C.385 Notification of change of address of principal office or branch office; cancellation of registration for failure to report. (NRS 645C.210) 1. An appraisal management company shall notify the Division in writing of any change in the address of its principal office or …

NAC 645C.387 Appraisal management company to establish process to review work of independent contractors; requirements for review process. (NRS 645C.210, 645C.650) 1. An appraisal management company shall establish and maintain a process to review the work of each independent con…

NAC 645C.389 Disclosure of money paid to appraiser and retained by appraisal management company. (NRS 645C.210) 1. An appraisal management company shall disclose to an appraiser who has performed an appraisal as an independent contractor for the appraisal management company the t…

NAC 645C.391 Notice to Division of location of records; record of requests for appraisal services. (NRS 645C.210, 645C.650) 1. An appraisal management company shall give written notice to the Division of the exact location of the records of the appraisal management company and ma…

NAC 645C.400 Adoption of professional standards by reference; review of revisions. (NRS 645C.210) 1. The Commission hereby adopts by reference the most recent edition of the Uniform Standards of Professional Appraisal Practice adopted by the Appraisal Standards Board of The Appra…

NAC 645C.405 Determination of unprofessional conduct or professional incompetence of licensed or certified appraiser or registered intern. (NRS 645C.210, 645C.460) In determining whether a licensed or certified appraiser or registered intern is guilty of unprofessional conduct or…

NAC 645C.415 Advertising by person who holds license or certificate as appraiser. (NRS 645C.210) 1. In any advertisement through which a licensee or holder of a certificate offers to perform services for which a license or certificate is required by chapter 645C of NRS, he or she…

NAC 645C.418 Advertising by appraisal management company. (NRS 645C.210) 1. In any advertisement through which an appraisal management company offers to perform services for which a registration is required by chapter 645C of NRS, the appraisal management company shall disclose: …

NAC 645C.425 Disclosure of status in transactions concerning real property. (NRS 645C.210) A licensed or certified appraiser or registered intern shall not acquire or dispose of any real property or an interest in any real property for himself or herself, any member of his or her…

NAC 645C.430 Maintenance and inspection of records. (NRS 645C.210, 645C.400) 1. An appraiser shall keep a copy of the appraisal report, work file and any other pertinent information relating to each appraisal the appraiser conducts for at least 5 years after the completion of the…

NAC 645C.440 Cooperation in inspections and audits. (NRS 645C.210) An appraiser, appraisal management company or intern shall, upon demand, provide the Division with the documents and the permission necessary to complete fully an inspection and audit of the records of the apprais…

NAC 645C.450 Correction of deficiencies: Notice; time; failure to comply. (NRS 645C.210) 1. The Division may grant any appraiser, appraisal management company or intern up to 10 calendar days to correct any deficiency involving advertising, the location of the business of the app…

NAC 645C.475 Petitions to adopt, file, amend or repeal regulations. (NRS 645C.210) 1. Any person may by petition request the Commission to adopt, file, amend or repeal a regulation. The petition must include: (a) The name and address of the petitioner; (b) A clear and concise sta…

NAC 645C.480 Form for citizens’ complaints; investigations; procedure following investigation. (NRS 645C.210) 1. The Division shall prepare a standard form or affidavit for use in making a citizen’s complaint. This form may require any information the Division considers pertinent…

NAC 645C.485 Amendment and withdrawal of complaints. (NRS 645C.210) 1. A complaint may be amended at any time. 2. The Commission will grant a continuance if the amendment materially alters the complaint or a respondent demonstrates an inability to prepare for the case in a timely…