NAC645C.120. Reporting on experience of intern; maintenance of log by intern; access of intern to appraisal.

     1. The Division will require a verified statement from a supervisory appraiser indicating the extent of experience of any intern associated with him or her in order to determine the extent of experience the registered intern has gained while associated with the supervisory appraiser.

     2. The information required by subsection 1 must be reported on a form provided by the Division. The completed form must include:

     (a) The period of association with the supervisory appraiser.

     (b) The average number of hours worked per week for the supervisory appraiser.

     (c) Any other information concerning the activities of the intern which should be considered as contributing towards the experience of the intern while associated with the supervisory appraiser.

     3. Each registered intern shall maintain a separate log for each appraiser who supervises the intern.

     4. The registered intern shall record in the log for each appraisal:

     (a) The type of property appraised;

     (b) The name and address of the client for whom the appraisal was conducted;

     (c) The address of the appraised property; and

     (d) A description of work performed and the number of hours required to conduct the appraisal.

     5. Each page of a log maintained pursuant to this section must include the signature and number of the certificate of the supervisory appraiser.

     6. A registered intern who assists in the preparation of an appraisal may obtain a copy of that appraisal.

     (Added to NAC by Comm’n of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91; R100-03, 1-30-2004)