Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter361 Property Tax |
ASSESSMENTS BY NEVADA TAX COMMISSION |
General Provisions |
NAC361.390. “Summation method of valuation” defined.
Latest version.
- “Summation method of valuation” means the combining of fractional valuations into one value such as the addition of the value of a house to the value of the lot to produce a total residential value.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]