Nev. Admin. Code § 361.362 — 361.362

NAC 361.362    “Rate of capitalization” defined. ( NRS 360.090 , 361.320 )    “Rate of
capitalization” means the ratio of income to value. Such a rate can vary widely
in quality depending upon the elements that are included such as interest,
recapture, ad valorem taxes and income taxes.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]