Nev. Admin. Code § 361.240

Current through December 12, 2024

Section 361.240 - "Capitalization process" defined

"Capitalization process" means the conversion of a stream of income having a certain duration into value by means of a capitalization rate that recognizes the degree of risk as between the property and the income it produces.

Nev. Admin. Code § 361.240

Tax Comm'n, Property Tax Reg. part No. 15, eff. 10-30-79

NRS 360.090, 361.320