Nevada Revised Statutes
Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies
NRS 645C.730 - Unlawful to influence or attempt to influence appraisal.


1. It is unlawful for an employee, director, officer or agent of an appraisal management company to influence or attempt to influence the development, reporting or review of an appraisal through coercion, extortion, collusion, compensation, instruction, inducement, intimidation, bribery or other means, including, without limitation:
(a) Withholding or threatening to withhold timely payment for an appraisal in order to influence or attempt to influence an appraisal;
(b) Withholding or threatening to withhold future business for an independent appraiser;
(c) Terminating an agreement with an independent contractor without prior written notice;
(d) Directly or indirectly promising future business for or increased compensation to an independent contractor;
(e) Conditioning a request for appraisal services or the payment of any compensation on the opinion, conclusion or valuation to be reached or on a preliminary estimate or opinion requested from an independent contractor;
(f) Requesting an independent contractor to provide an estimated, predetermined or desired valuation in an appraisal report or providing estimated values or comparable sales at any time before the completion of appraisal services by the independent contractor;
(g) Providing to an independent contractor an anticipated, estimated or desired value for a subject property or proposed or target amount to be loaned to a borrower, other than a copy of the sales contract for purchase transactions;
(h) Providing an independent contractor or a person or entity associated with the independent contractor stock or other financial or nonfinancial benefits;
(i) Obtaining, using or paying for a second or subsequent appraisal or ordering an automated valuation model in connection with a loan secured by a lien on real property unless:
(1) There is a reasonable basis to believe that the initial appraisal was incorrect and such basis is disclosed in writing to the borrower; or
(2) The second or subsequent appraisal or automated valuation model is performed pursuant to a bona fide appraisal review or quality control process;
(j) Accepting a fee for performing appraisal management services if the fee is contingent on:
(1) An appraisal report having a predetermined analysis, opinion or conclusion;
(2) The analysis, opinion, conclusion or valuation reached in an appraisal report; or
(3) The consequences resulting from an appraisal assignment; or
(k) Any other act or practice that impairs or attempts to impair an appraiser’s independence, objectivity or impartiality.
2. Nothing in this section shall be construed as prohibiting an appraisal management company from requesting that an independent contractor provide additional information regarding the basis for a valuation or correct objective factual errors in an appraisal report.
(Added to NRS by 2009, 1517)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 645C - Appraisers of Real Estate and Appraisal Management Companies

NRS 645C.010 - Definitions.

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.170 - Administration by Division; employment of professional consultants to investigate complaints; employees of Division.

NRS 645C.175 - Authority for Division to conduct business electronically; regulations; fees; use of unsworn declaration; exclusions.

NRS 645C.180 - Commission of Appraisers of Real Estate: Creation; appointment and terms of members; limitations on membership.

NRS 645C.190 - Commission of Appraisers of Real Estate: Qualifications and oaths of members.

NRS 645C.200 - Commission of Appraisers of Real Estate: Fiscal year; officers; meetings; compensation, per diem allowance and travel expenses of members.

NRS 645C.210 - Commission of Appraisers of Real Estate: Powers and duties; regulations; service of process.

NRS 645C.215 - Administrative fine for engaging in certain conduct without certificate, license, registration, registration card or authorization; procedure for imposition of fine; judicial review; exceptions.

NRS 645C.220 - Records: Maintenance by Division; general provisions governing public inspection and confidentiality.

NRS 645C.225 - Records: Certain records relating to complaint or investigation deemed confidential; certain records relating to disciplinary action deemed public records.

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.260 - Certificate, license, permit or registration card required; penalty; prosecution of violation.

NRS 645C.270 - Interns: Registration card; supervision; authorization to work; denial of registration card.

NRS 645C.280 - Types and scope of licenses and certificates; regulations.

NRS 645C.290 - Application for certificate or license: Form and contents.

NRS 645C.295 - Payment of child support: Submission of certain information by applicant; grounds for denial of license, certificate or registration card; duty of Division. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law re...

NRS 645C.300 - Submission of fees and fingerprints with application for certificate, license or registration card; investigation of applicant’s background.

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.330 - Standards for education and experience required for certificate or license; regulations.

NRS 645C.340 - Examination for certificate or license: Fees; scope; use of professional testing organization.

NRS 645C.350 - Frequency of examinations; taking examination before completion of experience and education prohibited; notification of applicant regarding satisfaction of requirements.

NRS 645C.360 - Issuance of certificate or license without examination; reciprocal agreements for issuance of certificates or licenses.

NRS 645C.363 - Permit to conduct appraisal to person who holds certificate or license in another state; regulations.

NRS 645C.367 - Issuance of certificate, license or permit to resident of another state: Appointment of Administrator as agent for service of process; service of process upon Administrator.

NRS 645C.370 - Notification of denial of application; leave to file another application; procedure for appeal of denial.

NRS 645C.380 - Invalidation and surrender of certificate, license or registration card issued in error; notice; request for hearing.

NRS 645C.390 - Form, size and contents of certificate, license or registration card; expiration and renewal; additional fee for electronic renewal.

NRS 645C.400 - Offices of appraiser; change in name of business or location of office; record of appraisals; notices to Division.

NRS 645C.405 - Duty to report certain convictions and pleas to Division.

NRS 645C.410 - Termination of association between appraiser and intern: Duties of appraiser; suspension of registration card; prohibited acts of intern.

NRS 645C.420 - Placement of certificate or license on inactive status; reinstatement.

NRS 645C.430 - Continuing education: Condition to renewal or reinstatement of certificate or license; regulations.

NRS 645C.440 - Continuing education: Regulations; approval of courses.

NRS 645C.450 - Fees; regulations.

NRS 645C.460 - Grounds for disciplinary action; authorized disciplinary action; limitations on reissuance of certificate, license or registration card after revocation; orders imposing discipline deemed public records.

NRS 645C.463 - Disciplinary or other action for failure to pay money owed to Commission or Division.

NRS 645C.465 - Suspension of license, certificate or registration card for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license, certificate or registration card. [Effective until 2 years after the date...

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.490 - Revocation or suspension of certificate, license or registration card for unprofessional conduct of associate.

NRS 645C.500 - Revocation, suspension or denial of renewal of certificate, license or registration card: Complaint; hearing; notice of hearing. [Effective until 2 years after the date of the repeal of 42 U.S.C. § 666, the federal law requiring each s...

NRS 645C.510 - Revocation, suspension or denial of renewal of certificate, license or registration card: Answer or default; limitations on time for commencement of proceeding.

NRS 645C.520 - Revocation, suspension or denial of renewal of certificate, license or registration card: Notice of decision.

NRS 645C.525 - Investigations, disciplinary proceedings, fines and penalties not affected by expiration, revocation or voluntary surrender of certificate, license or registration card.

NRS 645C.527 - Reporting of disciplinary action against and violations by appraiser or intern to national registry of Appraisal Subcommittee.

NRS 645C.530 - Administration of oaths; issuance and enforcement of subpoenas.

NRS 645C.540 - Payment of witnesses for fees and mileage.

NRS 645C.700 - Suspension of registration for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of registration. [Effective until 2 years after the date of the repeal of 42 U.S.C. § 666, the federal law requirin...

NRS 645C.702 - Revocation or suspension of registration: Complaint; hearing; notice of hearing.

NRS 645C.703 - Revocation or suspension of registration: Answer or default; limitations on time for commencement of proceeding.

NRS 645C.704 - Revocation or suspension of registration: Notice of decision.

NRS 645C.705 - Investigations, disciplinary proceedings, fines and penalties not affected by expiration, revocation or voluntary surrender of registration.

NRS 645C.706 - Reporting of disciplinary and other action against and violations by appraisal management company to national registry of Appraisal Subcommittee.

NRS 645C.550 - Injunctive relief.

NRS 645C.557 - Prohibition on improperly influencing or attempting to improperly influence appraisal; appraisals to be conducted in accordance with appraisal independence requirements.

NRS 645C.560 - Penalties.

NRS 645C.600 - Applicability of provisions.

NRS 645C.610 - Deposit of money collected; claim for attorney’s fees and costs of investigation.

NRS 645C.650 - Application for registration: Contents; conditions for issuance of registration; grounds for and notice of denial; reapplication.

NRS 645C.655 - Payment of child support: Submission of certain information by applicant; grounds for denial of registration; duty of Division. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establi...

NRS 645C.660 - Service of process: Irrevocable consent; effect of failure to file consent; method; use; effect on continuances.

NRS 645C.665 - Registration: Expiration; requirements for renewal; grounds for denial of renewal.

NRS 645C.667 - Registration: Notification of denial of application for renewal; procedure for appeal of denial.

NRS 645C.670 - Appraisal management company that is not natural person required to designate natural person as qualified employee; regulations.

NRS 645C.675 - Termination of association between appraisal management company and independent contractor: Duties of appraisal management company; rights of aggrieved independent contractor.

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.