Nevada Administrative Code — Title 32 (Revenue and Taxation)
Nev. Admin. Code § 361.631 — 361.631
NAC 361.631 Evidence of market value. ( NRS
361.340 ) At
a hearing before a county board of equalization, the following information may
be submitted as evidence of the market value of the property:
1. The amount derived from the
capitalization of fair economic income;
2. The full cash value of the land plus the
depreciated replacement cost of any improvements; and
3. Prices paid in market transactions for
comparable property.
(Added to NAC by St. Bd. of Equalization, eff. 1-6-84)
Source: official text