Nev. Admin. Code § 361.559 - Independent contractor's appraiser's certificate: Generally

1. A person who wishes to perform the duties of an appraiser as an independent contractor with the State of Nevada or any of its political subdivisions may apply to the Department for an independent contractor's appraiser's certificate.

2. The application must satisfy the requirements of NRS 361.2224 and 361.2225, be on a form approved by the Department and include:

(a) The name of the applicant;

(b) The mailing address and telephone number of the applicant; and

(c) Such other information as the Department may require.

3. In addition to the requirements of subsection 2, the applicant must provide the Department with the resume of the applicant which documents the applicant's education, his or her experience as an appraiser and any professional designations or certificates he or she holds, and which contains the names of at least two personal references. The Department may investigate the truthfulness of the information and representations set forth in the resume.

4. Except as otherwise provided in subsection 5, to be eligible for an independent contractor's appraiser's certificate, the applicant must pass the appraiser's certificate examination.

5. An applicant who submits proof satisfactory to the Department that he or she has earned a professional designation from any of the member organizations of the Appraisal Foundation is not required to take the section of the appraiser's certificate examination that tests specific knowledge. Such professional designations include, without limitation:

(a) Member, Appraisal Institute (MAI).

(b) Certified Assessment Evaluator (CAE).

(c) Senior Real Property Appraiser (SRPA).

(d) Senior Real Estate Analyst (SREA).

(e) Residential Member (RM).

(f) Residential Evaluation Specialist (RES).

(g) Senior Residential Appraiser (SRA).

(h) Personal Property Specialist (PPS).

6. If an applicant, pursuant to subsection 5, submits proof of a professional designation that signifies specialization in the appraisal of real property or personal property, but not both, the Department, if it issues an appraiser's certificate to the applicant, will issue a real property appraiser's certificate or a personal property appraiser's certificate, as applicable.

Notes

Nev. Admin. Code § 361.559

Added to NAC by Tax Comm'n by R028-03, eff. 12-4-2003

NRS 360.090, 361.221