Nevada Revised Statutes — Title 32 (Revenue and Taxation)
Nev. Rev. Stat. § 361.814 — Rent, rental and renting defined
Rent,
rental or renting means entering into an agreement with a heavy equipment
rental company for the use of heavy equipment rental property in exchange for
consideration for a period:
1. Not to exceed 365 days; or
2. That is open-ended under the terms of
the rental contract with no specified end date.
Source: official text