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.557. Prohibition on improperly influencing or attempting to improperly influence appraisal.
Latest version.
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1. A person with an interest in a real estate transaction involving an appraisal shall not improperly influence or attempt to improperly influence, through coercion, extortion or bribery, the development, reporting, result or review of the appraisal.
2. Subsection 1 does not prohibit a person with an interest in a real estate transaction from requesting that an appraiser:
(a) Consider additional appropriate property information;
(b) Provide further detail, substantiation or explanation for the appraiser’s conclusion as to value; or
(c) Correct errors in an appraisal.
(Added to NRS by 2009, 1512)