Nev. Admin. Code § 361.111

Current through November 8, 2024

Section 361.111 - "Capitalization of ground rents" defined

"Capitalization of ground rents" means the estimation of the value of land in the absence of comparable sales by capitalizing the revenue from market-rate leases of land.

Nev. Admin. Code § 361.111

Added to NAC by Tax Comm'n by R031-03, eff. 8-4-2004

NRS 360.090, 360.250