Nev. Admin. Code § 645C.Sec. 3

Current through September 16, 2024
Section 645C.Sec. 3 - NEW

The Division may deny an application for registration as an appraisal management company submitted pursuant to NRS 645C.650, as amended by section 22 of Senate Bill 39, chapter 91, Statutes of Nevada 2019, at page 483, if one or more of the following conditions exist:

1. The application is not in the proper form;
2. The proper fees are not enclosed;
3. The accompanying forms are incomplete or otherwise unsatisfactory;
4. The application contains a false statement;
5. The application is deficient in any other respect;
6. An investigation fails to show affirmatively that the applicant possesses the necessary qualifications;
7. The applicant has willfully acted or attempted to act in violation of any provision of chapter 116, 119, 119A, 645, 645A, 645C or 645D of NRS or the regulations adopted pursuant to those chapters, or has willfully aided and abetted another person to act or attempt to act in violation of any provision of those chapters or regulations;
8. The applicant has not met the requirements of NRS 645C.650, as amended by section 22 of Senate Bill 39, chapter 91, Statutes of Nevada 2019, at page 483; or
9. The check or other negotiable instrument used to pay a fee for registration is not honored by the financial institution upon which it was drawn.

Nev. Admin. Code § 645C.Sec. 3

Added to NAC by Comm'n of Appraisers of Real Estate by R176-18A, eff. 5/21/2020
NRS 645C.210, 645C.650, as amended by section 22 of Senate Bill No. 39, chapter 91, Statutes of Nevada 2019, at page 483, and NRS 645C.680, as amended by section 26 of Senate Bill No. 39, chapter 91, Statutes of Nevada 2019, at page 487