Nev. Admin. Code § 361.242

Current through December 12, 2024

Section 361.242 - "Capitalization rate" defined

"Capitalization rate" means a factor, used as a divisor, which converts an income stream into an indicated value. If the income stream is expected to be of limited duration, a recapture component may be included in the capitalization rate.

Nev. Admin. Code § 361.242

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

NRS 360.090, 361.320