1. If an appraisal management company terminates its association with an independent contractor for any reason, the appraisal management company shall, not later than the third business day following the date of termination, deliver to the independent contractor or send by certified mail to the last known residence address of the independent contractor a written statement which advises the independent contractor of the termination.
2. An independent contractor who is aggrieved by a termination may lodge a complaint with the Commission. The Commission may consider whether the appraisal management company violated the provisions of NRS 645C.600 to 645C.740, inclusive, and may revoke, suspend or deny renewal of a registration in the manner set forth in NRS 645C.702 to 645C.705, inclusive.
(Added to NRS by 2009, 1518; A 2019, 486)
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