NRS645C.032. “Appraisal firm” defined.

Latest version.

“Appraisal firm” means a person, limited-liability company, partnership, association or corporation:

      1. Which, for compensation, prepares and communicates appraisals;

      2. Whose principal is an appraiser licensed pursuant to this chapter; and

      3. Whose principal supervises, trains and reviews work product produced by the persons who produce appraisals for the person, limited-liability company, partnership, association or corporation, including, without limitation, employees and independent contractors.

(Added to NRS by 2009, 1513)

                    
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