361.223 - Continuing education required. - Nevada Statutes

361.223  Continuing education required.

      1.  Every person who holds an appraiser’s certificate shall complete in each fiscal year at least 36 contact hours of appropriate training conducted or approved by the Department. College or university courses may be substituted upon approval by the Appraiser Certification Board of an application submitted to the Department for such substitution.

      2.  Any approved hours of training accumulated in any 1 fiscal year in excess of the 36 contact hour minimum shall be carried forward and applied against the training requirements of the following 3 years. Any approved hours accumulated between January 1, 1975, and June 30, 1976, may be carried forward and applied against the training time required in the fiscal year ending June 30, 1977. The annual training requirement shall be waived for any person:

      (a) Attaining a professional designation or certification recognized by the Appraiser Certification Board; or

      (b) Accumulating 180 contact hours of accepted training.

Ê Such persons shall complete 36 contact hours during every 5-year period thereafter.

      (Added to NRS by 1975, 1654; A 1977, 318)

      NRS 361.224  Effect of failure to meet requirements for continuing education.  On or before July 15 of each fiscal year, the Appraiser Certification Board shall ascertain whether every person holding a valid appraiser’s certificate has met the minimum training requirements for the preceding fiscal year as provided in NRS 361.223. Upon the recommendation of the Board, the Department may suspend or revoke the certificate of any person who fails to complete or have carried forward the minimum number of approved contact hours for that year. The Department may not suspend or revoke the certificate unless the person has been given a hearing by the Department and 20 days’ advance written notice of the hearing.

      (Added to NRS by 1975, 1654; A 1977, 318)