Placement of certificate or license on inactive status; reinstatement.

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1. The Division may place a certificate or license on inactive status:

(a) At the request of the appraiser;

(b) For failure of the appraiser to notify the Division pursuant to NRS 645C.400 of any change in the name or location of his or her business, or of the location or any change in the location where his or her records are stored;

(c) For failure to apply and pay the fee for renewal before the expiration of the certificate or license; or

(d) As a result of a disciplinary proceeding against the appraiser.

2. An appraiser whose certificate or license has been placed on inactive status shall not prepare or communicate appraisals until the appraiser meets all the requirements for the reinstatement of the certificate or license.

3. A certificate or license may be reinstated upon submission of the required fee and proof of completion of the required hours of continuing education, and upon approval by the Division.

(Added to NRS by 1989, 831; A 1991, 894)


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