NAC321.515. List of qualified appraisers: Establishment and maintenance.  


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  •      1. The Division will establish and maintain a list of appraisers who are qualified and willing to perform appraisals of land offered for sale or lease by the State Land Registrar.

         2. At least once every 3 years, the Division will solicit applications from appraisers for inclusion on the list of appraisers. As part of the solicitation, the Division will notify each appraiser that failure to respond to three successive requests for bids made pursuant to NAC 321.525 may result in removal of the appraiser from the list.

         3. An appraiser who applies to be included on the list of appraisers must submit to the Division an application setting forth:

         (a) A statement that the appraiser is willing to perform appraisals of land offered for sale or lease by the State Land Registrar;

         (b) The counties in which the appraiser is willing to perform such appraisals;

         (c) The types of appraisals the appraiser is qualified and willing to perform;

         (d) A sample of a self-contained appraisal report prepared by the appraiser;

         (e) The resume of the appraiser, including, without limitation:

              (1) The educational accomplishments of the appraiser;

              (2) A list of professional courses the appraiser has taken;

              (3) The appraiser’s professional experience or length of time in practice; and

              (4) A list of clients for whom the appraiser has recently performed an appraisal;

         (f) Proof that the appraiser holds a valid certificate as a general appraiser issued pursuant to chapter 645C of NRS; and

         (g) If applicable, evidence of the membership of the appraiser in a professional organization for appraisers.

         4. The State Land Registrar:

         (a) Shall review the applications submitted pursuant to subsection 3 and make the final determination as to which appraisers are to be included on the list of appraisers.

         (b) Shall not include on the list of appraisers any appraiser who does not hold a valid certificate as a general appraiser issued pursuant to chapter 645C of NRS.

         5. The State Land Registrar may remove an appraiser from the list of appraisers if:

         (a) The appraiser submits to the Division a written request to be removed from the list of appraisers;

         (b) The appraiser ceases to hold a valid certificate as a general appraiser issued pursuant to chapter 645C of NRS;

         (c) The appraiser fails to respond to three successive requests for bids made pursuant to NAC 321.525; or

         (d) The State Land Registrar determines that the appraiser has failed to perform in a satisfactory manner.

         6. If an appraiser is removed from the list of appraisers pursuant to paragraph (c) of subsection 5, the appraiser may, not sooner than 6 months after the date of the removal, submit a new application to the Division pursuant to subsection 3 for inclusion on the list.

     (Added to NAC by Div. of St. Lands by R231-05, eff. 5-4-2006)