1. In addition to any other remedy or penalty, the Commission may impose an administrative fine against any person who knowingly:
(a) Engages or offers to engage in any activity for which a certificate, license, registration or registration card or any type of authorization is required pursuant to this chapter, or any regulation adopted pursuant thereto, if the person does not hold the required certificate, license, registration or registration card or has not been given the required authorization; or
(b) Assists or offers to assist another person to commit a violation described in paragraph (a).
2. If the Commission imposes an administrative fine against a person pursuant to this section, the amount of the administrative fine may not exceed the amount of any gain or economic benefit that the person derived from the violation or $5,000, whichever amount is greater.
3. In determining the appropriate amount of the administrative fine, the Commission shall consider:
(a) The severity of the violation and the degree of any harm that the violation caused to other persons;
(b) The nature and amount of any gain or economic benefit that the person derived from the violation;
(c) The person’s history or record of other violations; and
(d) Any other facts or circumstances that the Commission deems to be relevant.
4. Before the Commission may impose the administrative fine, the Commission must provide the person with notice and an opportunity to be heard.
5. The person is entitled to judicial review of the decision of the Commission in the manner provided by chapter 233B of NRS.
6. The provisions of this section do not apply to a person who engages or offers to engage in activities within the purview of this chapter if:
(a) A specific statute exempts the person from complying with the provisions of this chapter with regard to those activities; and
(b) The person is acting in accordance with the exemption while engaging or offering to engage in those activities.
(Added to NRS by 2003, 1297; A 2009, 1521)—(Substituted in revision for NRS 645C.555)
Structure Nevada Revised Statutes
Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies
NRS 645C.020 - "Administrator" defined.
NRS 645C.030 - "Appraisal" defined.
NRS 645C.032 - "Appraisal firm" defined.
NRS 645C.034 - "Appraisal management company" defined.
NRS 645C.037 - "Appraisal Subcommittee" defined.
NRS 645C.040 - "Appraiser" defined.
NRS 645C.045 - "Certificate" defined.
NRS 645C.047 - "Certified appraiser" defined.
NRS 645C.050 - "Commission" defined.
NRS 645C.055 - "Complex property" defined.
NRS 645C.060 - "Division" defined.
NRS 645C.065 - "Federal financial institutions regulatory agency" defined.
NRS 645C.067 - "Federally related transaction" defined.
NRS 645C.070 - "Intern" defined.
NRS 645C.080 - "License" defined.
NRS 645C.090 - "Licensed appraiser" defined.
NRS 645C.100 - "Permit" defined.
NRS 645C.110 - "Real estate" defined.
NRS 645C.120 - "Registered intern" defined.
NRS 645C.130 - "Registration card" defined.
NRS 645C.140 - Purpose of chapter.
NRS 645C.150 - Applicability of chapter.
NRS 645C.190 - Commission of Appraisers of Real Estate: Qualifications and oaths of members.
NRS 645C.230 - Publication and sale of manual or guide concerning appraisals.
NRS 645C.240 - Deposit and use of money received by Division; financial support of Division.
NRS 645C.245 - Technology Account for Chapter 645C of NRS.
NRS 645C.250 - Duties of Attorney General.
NRS 645C.280 - Types and scope of licenses and certificates; regulations.
NRS 645C.290 - Application for certificate or license: Form and contents.
NRS 645C.310 - Period for action on application for certificate or license.
NRS 645C.320 - Qualifications for issuance and grounds for denial of certificate or license.
NRS 645C.405 - Duty to report certain convictions and pleas to Division.
NRS 645C.420 - Placement of certificate or license on inactive status; reinstatement.
NRS 645C.440 - Continuing education: Regulations; approval of courses.
NRS 645C.450 - Fees; regulations.
NRS 645C.463 - Disciplinary or other action for failure to pay money owed to Commission or Division.
NRS 645C.470 - Unprofessional conduct of certified or licensed appraiser or registered intern.
NRS 645C.480 - Additional acts of unprofessional conduct of certified or licensed appraiser.
NRS 645C.530 - Administration of oaths; issuance and enforcement of subpoenas.
NRS 645C.540 - Payment of witnesses for fees and mileage.
NRS 645C.702 - Revocation or suspension of registration: Complaint; hearing; notice of hearing.
NRS 645C.704 - Revocation or suspension of registration: Notice of decision.
NRS 645C.550 - Injunctive relief.
NRS 645C.600 - Applicability of provisions.
NRS 645C.610 - Deposit of money collected; claim for attorney’s fees and costs of investigation.
NRS 645C.665 - Registration: Expiration; requirements for renewal; grounds for denial of renewal.
NRS 645C.680 - Fees; regulations.
NRS 645C.710 - Administrative fines: Grounds; amount; related disciplinary action.
NRS 645C.720 - Unlawful to conduct business of appraisal management company without registration.
NRS 645C.730 - Unlawful to influence or attempt to influence appraisal.
NRS 645C.740 - Unlawful to change appraisal submitted by independent contractor.