NAC361.557. Appraiser’s certificate.

     1. A person who is employed as an appraiser by the State of Nevada or any of its political subdivisions may apply to the Department for an 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 place of employment of the applicant;

     (c) Verification of the employment of the applicant; and

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

     3. Except as otherwise provided in subsection 4, to be eligible for an appraiser’s certificate, the applicant must pass the appraiser’s certificate examination.

     4. 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).

     5. If an applicant, pursuant to subsection 4, 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.

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