Nevada Administrative Code — Title 32 (Revenue and Taxation)
Nev. Admin. Code § 375.30 — 375.30
NAC 375.030 Consideration defined. ( NRS 360.090 , 375.015 ) Consideration
means that which is regarded as the equivalent or return given or suffered by
one for the act or promise of another. It means the price paid for the real
property transferred. The consideration can be in the form of money, or in the
form of other things of value, or a combination of both.
[Tax Commn, Real Property Transfer Tax Ruling part No.
1, eff. 1-1-68]
Source: official text