reglab/statecodes huggingface dataset:
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.065 - Requirement of experience; burden of proof

Current through June 11, 2024
1. For
				the purpose of subsection 1 of
				NRS
				645C.330, "at least 2 years of experience
				working full-time" means experience gained as an appraiser or while in the
				employment of a certified appraiser as an intern for at least 2,400 hours
				during a period not less than 2 years before applying for a license. An
				applicant may not apply for a license until at least 2 years after he or she
				commenced working as an appraiser or intern. The applicant need not have worked
				exclusively as an appraiser or intern during the period of employment and need
				not have worked a specific minimum number of hours in the workday.
2. For the purpose of subsection 2 of
				NRS
				645C.330, "at least 2 years of experience
				working full-time" means experience gained as an appraiser or while in the
				employment of a certified appraiser as an intern for at least 2,500 hours
				during a period not less than 2 years before applying for a certificate. An
				applicant may not apply for a certificate until at least 2 years after he or
				she commenced working as an appraiser or intern. The applicant need not have
				worked exclusively as an appraiser or intern during the period of employment
				and need not have worked a specific minimum number of hours in the workday. Not
				less than 500 hours of those 2,500 hours must relate to the appraisal of
				complex property as defined in
				NRS
				645C.055.
3. For the purpose of subsection 3 of
				NRS
				645C.330, "at least 3 years of experience
				working full-time" means experience gained as an appraiser or while in the
				employment of a certified appraiser as an intern for at least 3,600 hours
				during a period not less than 3 years before applying for a certificate. An
				applicant may not apply for a certificate until at least 3 years after he or
				she commenced working as an appraiser or intern. The applicant need not have
				worked exclusively as an appraiser or intern during the period of employment
				and need not have worked a specific minimum number of hours in the workday. Not
				less than 1,500 hours of those 3,600 hours must relate to the appraisal of
				commercial real estate or real estate suitable for or consisting of more than
				four residential units in any one transaction.
4. Experience gained as an appraiser or while
				in the employment of a certified appraiser as an intern must:
(a) Be obtained after January 30,
				1989;
(b) Be in compliance with
USPAP
; and
(c)
				Demonstrate the applicant's ability to employ correctly the generally accepted
				techniques that are necessary to produce a credible appraisal.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.068 - Requirement for registered intern to attend meetings of Commission

Current through June 11, 2024
A registered intern must attend at least 6 hours of meetings
				  of the Commission before he or she may apply for a license or certificate. The
				  Commission will certify to the attendance of the registered intern.
Added to NAC by Comm'n
				  of Appraisers of Real Estate by R158-05, eff.
				  9-18-2006
NRS
					 645C.210
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.080 - Examinations: Types; passing score; contents

Current through June 11, 2024
1.
				Separate examinations will be given for licensure as a residential appraiser,
				certification as a residential appraiser and certification as a general
				appraiser.
2. A scale score of 75
				must be achieved to pass either test.
3. Each of the examinations will consist of
				questions covering the subjects listed in NAC 645C.235, 645C.237 and
				645C.240.
4. An applicant must
				complete the education and experience required by NRS
				NRS
				645C.330 and the regulations adopted pursuant
				thereto before taking the examination
Added to
				  NAC by Comm'n of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91; A by
				  R011-13,
				  eff. 6/23/2014
NRS
					 645C.210
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.085 - Examinations: Length; disclosure

Current through June 11, 2024
1. The examination
				for a license or certificate as an appraiser will be at least 3 hours. The
				times may be different for the examination for certification of general
				appraisers, licensure of residential appraisers and certification of
				residential appraisers.
2.
				Examinations must not be made public except as otherwise provided by statute or
				regulation.
Added to NAC by Comm'n
				  of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91; R036-00, 5-4-2000;
				  R100-03, 1-30-2004
NRS
					 645C.210
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.090 - Examinations: Collection and amount of fee

Current through June 11, 2024
1. The agency
				which administers an examination for a license or certificate as an appraiser
				shall collect the fee for the examination.
2. The fee for an examination for a license
				or certificate as an appraiser is $100.
Added to NAC by Comm'n
				  of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91; 8-4-94; A by Real
				  Estate Div. by R119-01, 12-17-2001; A by Comm'n of Appraisers of Real Estate by
				  R100-03, 1-30-2004
NRS
					 645C.210,
					 645C.450
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.095 - Examinations: Application for reexamination; period for acceptance of results

Current through June 11, 2024
1. An applicant for a license or certificate
				as an appraiser who fails an examination may apply for reexamination.
2. The Division shall only accept
				results of an examination for 12 months after the date on which the results of
				the examination were issued.
Added to NAC by Comm'n
				  of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91; R100-03, 1-30-2004; A
				  by
				  R176-18A,
				  eff. 5/21/2020
NRS
				  645C.210
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.100 - Examinations: Use of aids; obeying of instructions

Current through June 11, 2024
1. An
				application for a license or certificate as an appraiser will be denied or the
				results of an examination will be invalidated, or both, if the applicant:
(a) Uses or possesses any unfair methods or
				notes during the examination;
(b)
				Gives or receives aid of any kind during the examination; or
(c) Fails to obey instructions during the
				examination.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.103 - Issuance of certificate, license, registration or permit without examination

Current through June 11, 2024
1. For the purpose
				of subsection 1 of
				NRS
				645C.360, the Administrator will consider the
				requirements for the certificate, license, registration or permit issued in
				another jurisdiction to be substantially equivalent to the requirements of this
				State if:
(a) The requirements of the other
				jurisdiction meet or exceed the requirements adopted by the Appraisal
				Subcommittee of the Federal Financial Institutions Examination Council;
				and
(b) The Appraisal Subcommittee
				of the Federal Financial Institutions Examination Council has not disapproved
				the regulatory program to which the requirements of the other jurisdiction
				apply.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.104 - Permit: Qualifications of applicant

Current through June 11, 2024
1. To apply for
				a permit issued pursuant to
				NRS
				645C.363, a person must hold a current
				license or certificate issued by another state or territory of the United
				States or the District of Columbia and be in good standing with the authority
				which issued the license or certificate.
2. The Division shall not issue a permit to a
				person:
(a) Whose license or certificate is
				revoked or suspended by the licensing authority of another jurisdiction;
				or
(b) Who has failed to fulfill
				any penalties imposed by the licensing authority of another jurisdiction,
at the time the person applies for a permit.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.1042 - Permit: Application

Current through June 11, 2024
An applicant for a permit issued pursuant to NRS
				  NRS
				  645C.363 must submit to the Division:
1. A written application on a form provided
				by the Division.
2. The applicable
				fee prescribed by
				NRS 645C.450.
				The fee is nonrefundable.
3. A
				letter or other documentation which:
(a)
				Identifies the client who is requesting the appraisal;
(b) Describes the property to be appraised;
				and
(c) Includes the proposed date
				the appraisal will be completed.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.1044 - Permit: Issuance; return of application

Current through June 11, 2024
1. The
				Division shall issue a permit not more than 3 business days after receipt of an
				application if:
(a) The application and
				accompanying documents which are submitted pursuant to NAC 645C.1042 are
				completed to the satisfaction of the Division;
(b) The scope of the appraisal described in
				the application does not exceed the limits set forth in NAC 645C.1046;
				and
(c) The appropriate fees have
				been paid.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.1046 - Permit: Limitations; expiration

Current through June 11, 2024
1. A permit is not
				transferable and is limited to an appraisal by the person named in the permit.
				The applicant is deemed to have consented to the jurisdiction of the Commission
				if he or she conducts an appraisal in this State after receipt of the
				permit.
2. Except as otherwise
				provided in subsection 3, an appraisal described in a permit must be limited
				to:
(a) One client who is identified in the
				application.
(b) One property
				specifically described in the application or one group of related properties
				each of which is specifically described in the application.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.105 - Change of employer, name or status

Current through June 11, 2024
1. A licensee,
				holder of a certificate or registered intern may request a change of employer,
				name or status by completing and submitting the appropriate form supplied by
				the Division and paying the required fees.
2. If a licensee, holder of a certificate or
				registered intern requests such a change and pays the required fee, the receipt
				issued by the Division constitutes a temporary working permit pending receipt
				of the requested license or certificate.
Added to NAC by Comm'n
				  of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91; R100-03, 1-30-2004;
				  R158-05, 9-18-2006
NRS
					 645C.210
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.106 - Inactive status: Placement; annual renewal of license or certificate required

Current through June 11, 2024
1. A licensee or
				holder of a certificate may be placed on inactive status by applying to the
				Division on the appropriate form. The licensee or holder of a certificate is
				not entitled to a refund of any part of the fees paid for the unexpired term of
				his or her license or certificate.
2. A licensee or holder of a certificate who
				is on inactive status must apply for the renewal of his or her license or
				certificate on or before each anniversary of his or her license or
				certificate.
Added to NAC by Comm'n
				  of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91-Substituted in revision
				  for NAC 645C.125
NRS
					 645C.210,
					 645C.420
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.1065 - Inactive status: Requirements for reinstatement

Current through June 11, 2024
1. A
				licensee or holder of a certificate who is in good standing with the Division
				and who is on inactive status may apply to the Division to be reinstated to
				active status. The application must:
(a) Be
				on a form supplied by the Division;
(b) Be accompanied by the required
				fees;
(c) Be accompanied by a
				current, completed fingerprint card if the licensee or holder of a certificate
				has been on inactive status for at least 1 year; and
(d) Contain evidence that the requirements
				for continuing education have been fulfilled.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Licensing and Certification › Section 645C.107 - Cancellation of license, certificate or registration card for failure to report change of address or termination of association

Current through June 11, 2024
If the Division determines that an appraiser has discontinued
				  business at the address at which the appraiser is licensed or holds a
				  certificate or that an intern is no longer associated with an appraiser under
				  whom he or she is registered, and the facts have not been reported to the
				  Division by the appraiser or intern, the appraiser's license or certificate or
				  the intern's registration card may be cancelled by the
				  Division.
Added to NAC by Comm'n
				  of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91-Substituted in revision
				  for NAC 645C.145
NRS
					 645C.210
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Supervision of Interns › Section 645C.108 - Qualifications for supervisory appraiser; requirements for inspection of property by intern

Current through June 11, 2024
1. A supervisory
				appraiser must:
(a) Have been certified as a
				residential appraiser or general appraiser for at least 3 years before he or
				she supervises a registered intern;
(b) Complete the course of instruction
				described in NAC
				645C.2445 before he or she
				supervises a registered intern;
(c)
				Be in good standing with the Division;
(d) Not have been subject to any disciplinary
				action within the immediately preceding 3 years that affects the ability of the
				supervisory appraiser to engage in the practice of appraisal; and
(e) Not supervise more than two registered
				interns at a time.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Supervision of Interns › Section 645C.110 - Duties of supervisory appraiser when intern resigns, fails to renew registration card or is discharged

Current through June 11, 2024
A supervisory appraiser under whom an intern is registered
				  shall immediately file with the Division a notice of termination, on a form
				  supplied by the Division, when an intern resigns, fails to renew his or her
				  registration card or is discharged. The supervisory appraiser shall immediately
				  surrender the registration card of the intern to the Division.
Added to NAC by Comm'n
				  of Appraisers of Real Estate, eff. 1-26-90; A by R100-03,
				  1-30-2004
NRS
					 645C.210,
					 645C.410
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Supervision of Interns › Section 645C.115 - Failure of supervisory appraiser to renew certificate

Current through June 11, 2024
1. If a supervisory appraiser fails to renew
				his or her certificate, the registration cards of all interns under his or her
				supervision will immediately be placed on inactive status unless the intern
				applies for a transfer and pays the required fee.
2. If a supervisory appraiser reinstates and
				renews his or her certificate pursuant to subsection 1, an intern whose
				registration card is placed on inactive status may resume his or her
				association with the appraiser if the intern reinstates his or her registration
				card and pays the required fee.
Added to NAC by Comm'n
				  of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91; R100-03,
				  1-30-2004
NRS
					 645C.210
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Supervision of Interns › Section 645C.118 - Termination of certificate of supervisory appraiser

Current through June 11, 2024
If the certificate of a supervisory appraiser is cancelled,
				  suspended or revoked, the supervisory appraiser shall deliver his or her
				  certificate to the Division with the registration cards of his or her interns.
				  The interns may, upon proper application and payment of the required fees,
				  transfer to the association of another supervisory appraiser. No refund will be
				  given if a certificate is cancelled, suspended or revoked.
Added to NAC by Comm'n
				  of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91; R100-03,
				  1-30-2004-Substituted in revision for NAC
				  645C.135
NRS
					 645C.210
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Supervision of Interns › Section 645C.120 - Reporting on experience of intern; maintenance of log by intern; access of intern to appraisal

Current through June 11, 2024
1. The Division
				will require a verified statement from a supervisory appraiser indicating the
				extent of experience of any intern associated with him or her in order to
				determine the extent of experience the registered intern has gained while
				associated with the supervisory appraiser.
2. The information required by subsection 1
				must be reported on a form provided by the Division. The completed form must
				include:
(a) The period of association with
				the supervisory appraiser.
(b) The
				average number of hours worked per week for the supervisory
				appraiser.
(c) Any other
				information concerning the activities of the intern which should be considered
				as contributing towards the experience of the intern while associated with the
				supervisory appraiser.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.200 - "School" defined

Current through June 11, 2024
For the purposes of NAC 645C.200 to
				  645C.260, inclusive, "school"
				  includes:
1. The University of Nevada,
				or any other university or college with the same or an equivalent
				accreditation.
2. Any professional
				school or college licensed by the Commission on Postsecondary
				Education.
3. Any professional
				school or college located in this State or in another state which has standards
				for licensure or certification approved by a real estate appraisers commission,
				a department of education or an equivalent agency of another state.
4. A nationally recognized appraisers
				organization which is a member of The Appraisal Foundation or an organization
				approved by the Division.
Added to NAC by Comm'n
				  of Appraisers of Real Estate, eff. 1-26-90; A by R036-00, 5-4-2000; R158-05,
				  9-18-2006; R064-07, 1-30-2008; A by
				  R176-18A,
				  eff. 5/21/2020
NRS
				  645C.210
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.205 - Approval of certain schools required; application for approval

Current through June 11, 2024
Before a school offers or conducts a course of instruction
				  designed to fulfill the educational requirements for licensure or certification
				  under chapter 645C of NRS, the school must be approved by the Division unless
				  the school is a university, professional school or college described in
				  subsection 1, 2 or 3 of NAC
				  645C.200. The application for
				  approval must be made on a form prescribed by the Division. The application
				  must include, and the Division may consider, the following information in
				  determining the school
'
s eligibility for approval:
1. The name and address of the
				school;
2. The type of school and a
				description of its facilities;
3.
				The names of the owners of the school, including, if applicable, the name of
				the business organization which owns the school and the names and addresses of
				all directors, principals, officers and other persons having interests as
				owners;
4. A list of the
				instructors and evidence of their qualifications;
5. A list of the courses to be offered and a
				topical syllabus for each course;
6. The allotment of time for each subject
				taught;
7. A proposed schedule of
				courses for 1 year;
8. The titles,
				authors and publishers of all required textbooks;
9. A copy of an examination and the correct
				answer for each question; and
10. A
				statement of:
(a) The purpose of the
				school;
(b) The fees to be
				charged;
(c) The days, times and
				locations of classes;
(d) The
				number of quizzes and examinations;
(e) The grading systems, including the
				methods of testing and standards of grading;
(f) The requirements for attendance;
				and
(g) The location of the
				students
'
records.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.210 - Conditions of approval of school

Current through June 11, 2024
If a school has applied for and received the
				  Division
'
s approval to offer courses to meet requirements for
				  licensure or certification under chapter 645C of NRS, the school shall, as a
				  condition of the approval:
1. Maintain
				a record of each student
'
s attendance and certification in any
				of those courses. The records must be maintained for 10 years after the
				student
'
s enrollment and must be open for inspection by the
				Division, upon its request, during the school
'
s business
				hours.
2. Upon a transferring
				student
'
s request, furnish the school to which the student is
				transferring a copy of his or her attendance record and certification for each
				of those courses which he or she has completed.
3. Upon a student
'
s request,
				furnish the Division a transcript of the record of the
				student
'
s grades and attendance.
Added to NAC by Comm'n
				  of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91; A by
				  R176-18A,
				  eff. 5/21/2020
NRS
				  645C.210
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.215 - Educational requirements for approved school

Current through June 11, 2024
1. A
				school which the Division has approved to give a course fulfilling the
				educational requirements for original licensing or certification shall require
				each student to attend the required number of hours of instruction and pass an
				examination in the course.
2. The
				school may certify only the number of hours for which the course has been
				approved by the Division.
3. The
				completion of a portion of a course is not acceptable to satisfy licensing or
				certification requirements.
4. As
				used in this section, an "hour of instruction" means 50 minutes or more.
				Fifteen hours of instruction equal one semester credit.
Added to NAC by Comm'n
				  of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91; R119-00, 9-25-2000; A
				  by
				  R176-18A,
				  eff. 5/21/2020
NRS
				  645C.210,
				  645C.330
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.220 - Denial of approval of course; withdrawal of approval of school or course

Current through June 11, 2024
1. If a school's application for approval of
				a course is denied, the school may file a written request for a hearing before
				the Commission. The request must be filed within 20 calendar days after
				receiving the order of denial. The Commission will hold the hearing at its next
				regularly scheduled meeting after the request for a hearing is filed unless the
				school makes a written request for a continuance and that request is granted.
				The Commission will decide the matter within 90 calendar days after the
				hearing.
2. If the Administrator
				determines that an approved school or course no longer complies with the
				standards prescribed in this chapter, the Administrator shall file a complaint
				seeking a temporary or permanent withdrawal of the approval. The Commission
				will hear the complaint following a procedure similar to that used for the
				revocation or suspension of an appraiser's license or certificate.
Added to NAC by Comm'n
				  of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91; R100-03,
				  1-30-2004
NRS
					 645C.210
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.223 - Approval of course; annual renewal of approval; grounds for withdrawal of approval

Current through June 11, 2024
1. A school that is
				approved by the Division pursuant to NAC
				645C.205 must obtain the
				Division
'
s approval of each course offered or conducted by the
				school that is designed to fulfill the educational requirements for licensure
				or certification under chapter 645C of NRS. An application for approval of a
				course must be submitted to the Division on a form prescribed by the Division
				and must be accompanied by the applicable fee prescribed by NAC
				645C.057.
2. The Division
'
s approval
				of a course is effective for 1 year. The school must apply annually to renew
				the approval of the course. The application must be submitted to the Division
				on a form prescribed by the Division and describe the changes, if any, in the
				course since its last approval. The application must be received by the
				Division not less than 30 days before the expiration of the previous approval
				and must be accompanied by the fee prescribed by NAC
				645C.057.
3. The Division may renew the approval of a
				course if no changes in the course have occurred since the course was approved
				by the Division.
4. The
				Division
'
s approval of a course is subject to the condition
				that the Division may audit and evaluate the presentation of the
				course.
5. Each of the following
				acts and conditions is a ground for the Division to withdraw its approval of a
				course:
(a) Poor quality of the curriculum or
				instruction, as demonstrated by an evaluation or audit.
(b) Violation of any of the provisions of
				this chapter.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.225 - Approved schools: Advertising

Current through June 11, 2024
A school approved by the Division shall not make any
				  misrepresentation in its advertising about any course of instruction which it
				  offers to fulfill requirements for licensing or certification under this
				  chapter. Any advertisement must specify that such courses have been approved by
				  the Real Estate Division of the Department of Business and
				  Industry.
Added to NAC by Comm'n
				  of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91; A by
				  R176-18A,
				  eff. 5/21/2020
NRS
				  645C.210,
				  645C.330
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.230 - Approved schools: Instructors

Current through June 11, 2024
1. A school which
				conducts courses approved by the Division shall employ as instructors of those
				courses only persons who possess:
(a) A good
				reputation for honesty, integrity and trustworthiness; and
(b) At least one of the following
				qualifications, unless granted a special exemption by the Division:
(1) Current experience teaching subjects
				relating to the appraisal of real estate in the Nevada System of Higher
				Education or another institution which awards degrees. The person must
				demonstrate to the satisfaction of the Division the academic training or work
				experience that qualifies him or her to teach the course.
(2) Five years of full-time experience, other
				than in a secretarial position, working in a job directly related to the
				subject taught.
(3) Have a
				bachelor
'
s degree in the field in which the person is
				instructing.
(4) Three years of
				experience teaching the specific subject.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.231 - Qualifications of instructor to teach National USPAP Course and National USPAP Update Course

Current through June 11, 2024
1. The
National USPAP
Course
and the
National USPAP Update Course
required pursuant to NAC 645C.235
				to 645C.244, inclusive, 645C.300, 645C.302 or 645C.305 must be taught by an
				instructor who is a certified appraiser and who is certified by the Appraiser
				Qualifications Board of The Appraisal Foundation.
2. As used in this section, "certified
				appraiser" has the meaning ascribed to it in
				NRS
				645C.047.
Added to NAC by Comm'n
				  of Appraisers of Real Estate by R158-05, eff. 9-18-2006; A by R196-08,
				  2-11-2009
NRS
					 645C.210
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.232 - Revocation of approval of instructor; notice; appeal; hearing

Current through June 11, 2024
1. The Division may revoke its approval of a
				particular instructor who is employed by a school which conducts courses
				approved by the Division if:
(a) Any licensing
				authority has taken disciplinary action against the instructor; or
(b) After an audit of the course and review
				of the evaluations of the course, the Division concludes that the instructor is
				not qualified to instruct the course.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.235 - Licensure as residential appraiser: Required instruction

Current through June 11, 2024
1.
Except as otherwise provided in
				this section, a
course of instruction for an applicant for a license
				as a residential appraiser must:
(a) Consist
				of at least the following:
(1) Thirty hours
				of instruction on basic appraisal principles;
(2) Thirty hours of instruction on basic
				appraisal procedures;
(3) Fifteen
				hours of instruction in the National USPAP Course ;
(4) Fifteen hours of instruction on
				residential market analysis and analysis of the highest and best use of real
				estate;
(5) Fifteen hours of
				instruction on valuation of a site and cost approach for a residential
				appraiser;
(6) Thirty hours of
				instruction on residential sales comparison and income approaches;
(7) Fifteen hours of instruction on
				residential report writing and case studies; and
(8) Three hours of instruction on the laws of
				this State governing appraisals.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.237 - Certification as residential appraiser: Required instruction and higher education

Current through June 11, 2024
1. A course of
				instruction for an applicant for a certificate as a residential appraiser must:
(a) Consist of at least the following:
(1) Thirty hours of instruction on basic
				appraisal principles;
(2) Thirty
				hours of instruction on basic appraisal procedures;
(3) Fifteen hours of instruction in the
				National USPAP Course;
(4) Fifteen
				hours of instruction on residential market analysis and analysis of the highest
				and best use of real estate;
(5)
				Fifteen hours of instruction on residential appraiser valuation of a site and
				cost approach;
(6) Thirty hours of
				instruction on residential sales comparison and income approaches;
(7) Fifteen hours of instruction on
				residential report writing and case studies;
(8) Fifteen hours of instruction on
				statistics, modeling and finance;
(9) Fifteen hours of instruction on advanced
				residential applications and case studies;
(10) Three hours of instruction on the laws
				of this State governing appraisals; and
(11) Twenty hours of instruction in elective
				courses relating to appraisals.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.240 - Certification as general appraiser: Required instruction and higher education

Current through June 11, 2024
1. A course of instruction for an applicant
				for a certificate as a general appraiser must:
(a) Consist of at least the following:
(1) Thirty hours of instruction on basic
				appraisal principles;
(2) Thirty
				hours of instruction on basic appraisal procedures;
(3) Fifteen hours of instruction in the
National USPAP Course
;
(4) Thirty hours of instruction on general
				market analysis and analysis of the highest and best use of real
				estate;
(5) Thirty hours of
				instruction on valuation of a site and cost approach for a general
				appraiser;
(6) Thirty hours of
				instruction on a sales comparison approach for a general appraiser;
(7) Sixty hours of instruction on an income
				approach for a general appraiser;
(8) Thirty hours of instruction on report
				writing and case studies for a general appraiser;
(9) Fifteen hours of instruction on
				statistics, modeling and finance;
(10) Three hours of instruction on the laws
				of this State governing appraisals; and
(11) Thirty hours of instruction in elective
				courses relating to appraisals.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.243 - Registration as intern: Required instruction

Current through June 11, 2024
1. An applicant
				for registration as an intern pursuant to NRS
				NRS
				645C.270 must include on his or her
				application evidence satisfactory to the Division that the applicant has
				successfully completed, within the 5 years immediately preceding the submission
				of his or her application for registration as an intern, at least:
(a) Thirty hours of instruction on basic
				appraisal principles;
(b) Thirty
				hours of instruction on basic appraisal procedures;
(c) Fifteen hours of instruction in the
National USPAP Course
; and
(d) Three hours of instruction on the laws of
				this State governing appraisals.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.244 - Required instruction: Content of courses

Current through June 11, 2024
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 and
				characteristics, including basic real property concepts, real property
				characteristics and legal descriptions;
(b) Legal consideration, including forms of
				ownership, public and private controls, and real estate contracts and
				leases;
(c) Influences on real
				estate values, including governmental, economic, social, environmental,
				geographic and physical influences;
(d) Types of value, including market and
				other value;
(e) Economic
				principles, including classical economic principles and application and
				illustrations of economic principles;
(f) An overview of real estate markets and
				analysis, including market fundamentals, characteristics, definitions, supply
				analysis, demand analysis and use of market analysis; and
(g) Ethics and how they apply in appraisal
				theory and practice.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.2445 - Required instruction: Professional qualifications and responsibilities

Current through June 11, 2024
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. Professional organizations and licensing
				entities, including, without limitation, The Appraisal Foundation, the
				Appraiser Qualifications Board of The Appraisal Foundation and the
				Division.
2. The qualifications for
				licensure or certification as an appraiser.
3. The
USPAP
.
4. The responsibilities and expectations of a
				supervisory appraiser.
5. The
				responsibilities and expectations of a registered intern.
6. The provisions of this chapter and chapter
				645C of NRS that govern supervisory appraisers and registered
				interns.
Added to
				  NAC by Comm'n of Appraisers of Real Estate by
				  R011-13,
				  eff. 6/23/2014
NRS
					 645C.210
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.245 - Acceptability of courses designed to fulfill educational requirements

Current through June 11, 2024
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.
2. To be approved by the Division, except as
				otherwise provided in subsection 3, a course of instruction must consist of at
				least 15 hours of instruction. The time to take an examination in such a course
				may be applied toward the 15-hour requirement.
3. The Division may approve a course of
				instruction of less than 15 hours if the course consists of at least 3 hours of
				instruction concerning the laws of this State governing appraisals. A course
				consisting of less than 15 hours of instruction may not be applied toward
				satisfying the minimum hours of academic instruction required by
				NRS
				645C.330.
Added to NAC by Comm'n
				  of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91; A by
				  R176-18A,
				  eff. 5/21/2020
NRS
				  645C.210,
				  645C.330
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.248 - Approval of distance education course

Current through June 11, 2024
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 provided by the
				Division.
2. In determining whether
				to approve a course pursuant to this section, the Division will consider:
(a) Whether the course consists of at least
				15 hours of instruction;
(b)
				Whether the sponsor of the course is willing to ensure that each student
				enrolled in the course will be required to complete a written examination
				proctored by a person approved by the Division; and
(c) At least one of the following:
(1) Whether the course is offered by an
				accredited college or university that offers distance education courses in
				disciplines other than the appraisal of real property; or
(2) Whether the course is approved by the
				International Distance Education Certification Center and the Appraiser
				Qualifications Board of The Appraisal Foundation.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.250 - Unacceptable courses

Current through June 11, 2024
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 original license
				or certificate.
2. The following
				kinds of courses will not be accepted to fulfill units of education which are
				required for original licensing or certification:
(a) Courses designed to develop or improve
				clerical, office or business skills that are not related to the appraisal
				process, including typing, shorthand, the operation of business machines, the
				use of computers or computer software, improvement of memory or writing
				letters; or
(b) Business courses in
				advertising or psychology.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.255 - Restrictions on disclosure of examinations to persons associated with school

Current through June 11, 2024
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 certificate as an appraiser
				conducted by the Division or its agent unless he or she first submits to the
				Division:
(a) A written statement that his or
				her purpose in taking the examination is to fulfill one of the requirements for
				obtaining a license or certificate; and
(b) A written agreement to apply for a
				license or certificate upon passing the examination.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Education to Obtain License or Certificate › Section 645C.260 - Notice of changes in school; annual renewal of approval

Current through June 11, 2024
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
				Division
'
s approval of a school expires 1 year after the date
				on which it is given. To qualify for a renewal of approval by the Division, a
				school must, not later than 30 days before the expiration of the approval,
				submit to the Division:
(a) A written
				certification, in a form prescribed by the Division, declaring that the school
				has met all applicable requirements of this chapter; and
(b) A sworn statement, in a form prescribed
				by the Division, declaring that the information contained in the original
				application is current or, if it is not current, a list of all material
				changes.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Continuing Education › Section 645C.300 - Requirements for renewal of active registration, license or certificate and reinstatement of inactive license or certificate

Current through June 11, 2024
1. To
				renew an active registration, license or certificate, the intern, licensee or
				holder of the certificate must complete at least 30 hours of continuing
				education in courses approved by the Administrator, including, without
				limitation, at least 7 hours of instruction in the National USPAP Update Course
				within the 2 years immediately preceding the application for renewal.
2. To reinstate a license or certificate
				which has been placed on inactive status, a person must provide the Division
				with proof that he or she has met the following requirements for continuing
				education, including, without limitation:
(a)
				At least 7 hours of instruction in the National USPAP Update Course most
				recently approved by the Administrator;
(b) For a license or certificate that has
				been placed on inactive status for not more than 2 years, at least 30 hours of
				instruction in continuing education courses approved by the Administrator;
				and
(c) For a license or
				certificate that has been placed on inactive status for more than 2 years, at
				least 15 hours of instruction in continuing education courses approved by the
				Administrator for each year of inactive status.
Nevada Administrative Code › Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies › APPRAISERS OF REAL ESTATE › Continuing Education › Section 645C.302 - Requirements for renewal of registration as intern; failure to renew

Current through June 11, 2024
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 his or her
				registration as an intern. Those courses must include, without limitation, at
				least 7 hours of instruction in a course on the National USPAP Update Course
				.
2. If a registration as an intern
				is not renewed, the person who held the registration must apply for a new
				registration as an intern before acting or assuming to act as an
				intern.
Added to NAC by Comm'n
				  of Appraisers of Real Estate by R036-00, eff. 5-4-2000; A by R100-03,
				  1-30-2004; R158-05, 9-18-2006; R196-08, 2-11-2009; A by
				  R176-18A,
				  eff. 5/21/2020
NRS
				  645C.210,
				  645C.440