Nev. Rev. Stat. § 361.96 — Exemption of certain property leased or rented to charter school

NRS  361.096    Exemption of certain property leased or rented to charter
school.
1.  All real and personal property that is
leased or rented to a charter school is hereby deemed to be used for an
educational purpose and is exempt from taxation. If the property is used partly
for the lease or rental to a charter school and partly for other purposes, only
the portion of the property that is used for the lease or rental to a charter
school is exempt pursuant to this subsection.
2.  To qualify for an exemption pursuant to
subsection 1, the property owner must provide the county assessor with a copy
of the lease or rental agreement indicating that:
(a) The property is leased or rented to the
charter school; and
(b) The amount of payment required by the charter
school pursuant to the agreement is reduced in an amount which is at least
equal to the amount of the tax that would have been imposed if the property
were not exempt pursuant to subsection 1.