Section 645C.389 - Disclosure of money paid to appraiser and retained by appraisal management company1. An appraisal management company shall disclose to an appraiser who has performed an appraisal as an independent contractor for the appraisal management company the total amount of money, expressed as a dollar amount: (a) Paid to the appraiser; and(b) Retained by the appraisal management company, in connection with the appraisal.
2. An appraiser who has performed an appraisal assignment for an appraisal management company shall disclose in the body of the appraisal report prepared by the appraiser the total amount of money, expressed as a dollar amount:(a) Paid to the appraiser; and(b) Retained by the appraisal management company, in connection with the appraisal.
Nev. Admin. Code § 645C.389
Added to NAC by Comm'n of Appraisers of Real Estate by R091-09, eff. 4-20-2010