NAC645C.450. Correction of deficiencies: Notice; time; failure to comply.

     1. The Division may grant any appraiser, appraisal management company or intern up to 10 calendar days to correct any deficiency involving advertising, the location of the business of the appraiser, appraisal management company or intern, the office operation of the appraiser, appraisal management company or intern or an appraiser’s sign. A notice of the deficiency and a request to correct a deficiency must be mailed to the licensee, holder of a certificate or holder of a registration as an appraisal management company. Failure to comply with the request may be grounds for the suspension or revocation of a license or certificate or a registration as an appraisal management company. The notice must be sent on a form provided by the Division and state the deficiencies or violations, the recommended action and the date by which the deficiencies must be corrected.

     2. The Division may grant an extension for a definite time to correct the deficiency whenever the correction may, practicably, require additional time.

     (Added to NAC by Comm’n of Appraisers of Real Estate, eff. 1-26-90; A 11-19-91; R091-09, 4-20-2010)