Definition of an Appraisal Management Company

The Nevada Revised Statue defines an Appraisal Management Company (AMC) as follows:

NRS 645C.034 “Appraisal management company” defined.
1. “Appraisal management company” means a person, limited-liability company, partnership,association or corporation which for compensation:

(a) Functions as a third-party intermediary between an appraiser and a user of real estate appraisal services;
 
(b) Administers a network of appraisers performing real estate appraisal services as independent contractors;

(c) Enters into an agreement to provide real estate appraisal services with a user of such services and one or more appraisers performing such services as independent contractors; or

(d) Otherwise serves as a third-party broker of appraisal services.

AMC of Southern Nevada is a licensed and registered appraisal management company as defined by the NRS. We maintain state and federal compliancy.

Author

Amelia R. Hyden
President & CEO
Appraisal Management Company of Southern Nevada
Direct Phone (702) 824-1614
Phone (888) 867-9763
www.amcofsouthernnevada.com