Nev. Admin. Code § 361.654 — 361.654

NAC 361.654    “Ratio study” defined. ( NRS
361.375 , 361.395 )    “Ratio study” means an
evaluation of the quality and level of assessment of a class or group of
properties in a county which compares the assessed valuation established by the
county assessor for a sampling of those properties to:
1.  An estimate of the taxable value of the
property by the Department or an independent appraiser; or
2.  The sales price of the property,
Ê as appropriate.
(Added to NAC by St. Bd. of Equalization by R153-09, 4-20-2010,
eff. 10-1-2010)