Statute 645c 557

1. A person with an interest in a real estate transaction involving an appraisal shall not improperly influence or attempt to improperly influence, through coercion, extortion or bribery, the development, reporting, result or review of the appraisal. 2. An appraiser shall conduct all appraisals independently, as required by the appraisal independence requirements pursuant to 15 U.S.C. § 1639e and the rules or regulations issued thereunder. 3. Subsection 1 does not prohibit a person with an interest in a real estate transaction from requesting that an appraiser: (a) Consider additional appropriate property information; (b) Provide further detail, substantiation or explanation for the appraiser’s conclusion as to value; or (c) Correct errors in an appraisal. (Added to NRS by 2009, 1512; A 2019, 483)