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

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

      1.  If an intern for any reason terminates his or her association with an appraiser, the appraiser shall:

      (a) Immediately deliver or mail by certified mail to the Division the intern’s registration card, together with a written statement of the circumstances surrounding the termination of the association and a copy of the notice required by paragraph (b); and

      (b) At the time of delivering or mailing the registration card to the Division, advise the intern that the registration card has been forwarded to the Division by mailing notice of that fact to the intern’s last known residential address.

      2.  The registration card must be suspended if the intern does not become associated with another certified appraiser within 60 days after the termination of the intern’s previous association.

      3.  The intern shall not assist in the preparation or communication, whether directly or indirectly, of an appraisal under the authority of his or her registration card from the date that the registration card is delivered or mailed by the appraiser with whom the intern’s association was terminated to the Division, until the date that a new registration card is issued naming another appraiser with whom the intern has become associated.

      (Added to NRS by 1989, 830; A 1991, 894; 2007, 1545)