Nev. Admin. Code § 361.1216 — 361.1216

NAC 361.1216    Development of mass appraisal model to explain or predict market
value from real estate data. ( NRS
360.090 , 360.250 , 361.227 )    When
developing a mass appraisal model to explain or predict the market value of
properties from real estate data, a county assessor must build and calibrate
the model in accordance with the provisions of chapters 14 and 15 of Property
Appraisal and Assessment Administration and the provisions of the Standard
on Automated Valuation Models (AVMs) , as adopted by reference in NAC 361.1177 .
(Added to NAC by Tax Comm’n by R039-10, 8-13-2010, eff.
7-1-2012)