Nev. Admin. Code § 361.318 — 361.318

NAC 361.318    “Income approach to value” defined. ( NRS 360.090 , 361.320 )    “Income
approach to value” means the method of appraisement that involves the analysis
of the incomes and expenses of income-producing properties and the use of the
capitalization of income to produce property value indicators.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]