Nevada Administrative Code — Title 32 (Revenue and Taxation)
Nev. Admin. Code § 375.63 — 375.63
NAC 375.063 Fractional interest defined. ( NRS 360.090 , 375.015 ) Fractional
interest means an interest in a portion of real property. A person who holds a
fractional interest in real property has no rights in another owners
fractional interest in that property.
(Added to NAC by Tax Commn by R181-01, eff. 5-13-2002)
Source: official text