NAC361.729. Testimony before State Board: Authority to testify; person who unlawfully acts as appraiser of real estate.  


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  •      1. Any person may testify before the State Board on behalf of a party.

         2. If a person testifying before the State Board represents to the State Board that he or she is an appraiser of real estate but has not obtained a certificate, license or permit required by chapter 645C of NRS, the State Board will, unless the circumstances of the case otherwise require, give the person’s testimony the same weight given to the testimony of a person who is not an appraiser.

         3. If a person specified in subsection 2 receives or expects to receive any form of compensation for an analysis, opinion or conclusion concerning the nature, quality, value or use of property the value of which is before the State Board, the State Board will inform the person that:

         (a) It is unlawful to act or assume to act as an appraiser of real estate in this State without first obtaining the appropriate certificate, license or permit pursuant to chapter 645C of NRS; and

         (b) The State Board may notify the Real Estate Division of the Department of Business and Industry of his or her conduct.

         4. Upon informing a person pursuant to subsection 3, the State Board may notify the Real Estate Division of the Department of Business and Industry of the conduct specified in that subsection.

     (Added to NAC by St. Bd. of Equalization by R018-97, eff. 12-19-97; A by R029-05, 6-28-2006)