Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE54 PROFESSIONS, OCCUPATIONS AND BUSINESSES |
CHAPTER645C. Appraisers of Real Estate and Appraisal Management Companies |
APPRAISERS OF REAL ESTATE |
Enforcement; Penalties |
NRS645C.470. Unprofessional conduct of certified or licensed appraiser or registered intern.
- A certified or licensed appraiser or registered intern is guilty of unprofessional conduct if he or she:
1. Willfully uses a trade name, service mark or insigne indicating membership in an organization for appraisers of which he or she is not a member;
2. Violates any order of the Commission, agreement with the Division, provision of this chapter or provision of any regulation adopted pursuant to this chapter;
3. Fails to disclose to any person with whom he or she is dealing any material fact or other information he or she knows, or in the exercise of reasonable care and diligence should know, concerning or relating to any real estate he or she appraises, including any interest he or she has in the real estate;
4. Knowingly communicates a false or fraudulent appraisal to any interested person or otherwise engages in any deceitful, fraudulent or dishonest conduct;
5. Prepares or provides or enters into a contract to prepare or provide an appraisal if his or her compensation is based partially or entirely on, or is otherwise affected by, the amount of the appraised value of the real estate;
6. Before obtaining a license or registration card, engaged in any conduct of which the Division is not aware that would be a ground for the denial of a certificate, license or registration card; or
7. Makes a false statement of material fact on his or her application.
(Added to NRS by 1989, 832; A 1991, 896; 2009, 1521)