NAC645C.387. Appraisal management company to establish process to review work of independent contractors.

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1. An appraisal management company shall establish and maintain a process to review the work of each independent contractor who provides services to the appraisal management company to ensure that those services are conducted in accordance with the USPAP.

2. The review process required by this section must include the review of the work of each independent contractor who provides services to the appraisal management company by a person who is a licensed appraiser or certified appraiser in good standing in this State.

(Added to NAC by Comm’n of Appraisers of Real Estate by R091-09, eff. 4-20-2010)

                    
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