Nev. Admin. Code § 361.320

Current through December 12, 2024
Section 361.320 - "Indicator of value" defined

"Indicator of value" means a conclusion of the worth, expressed in dollars, of a specifically identified item of property (be it a single parcel of land or piece of equipment or an extensive corporate conglomerate) based upon consideration of particular characteristics or attributes of that property. Among the most common indicators of value are those based upon cost, income and comparable sales.

Nev. Admin. Code § 361.320

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

NRS 360.090, 361.320