Nev. Admin. Code § 361.298

Current through December 31, 2024

Section 361.298 - "Fractional appraisal" defined

"Fractional appraisal" means the valuation of one or more component parts without reference to the value of the whole enterprise. The sum of two or more fractional appraisals is called a summation appraisal and does not always equal unit value.

Nev. Admin. Code § 361.298

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

NRS 360.090, 361.320