Nev. Admin. Code § 361.336 - "Market value" defined

"Market value" means the amount in dollars for which a specific item of property could be sold by a willing seller and be bought by a willing buyer, assuming an arm's length transaction and reasonable exposure to the market.

Notes

Nev. Admin. Code § 361.336
Tax Comm'n, Property Tax Reg. part No. 15, eff. 10-30-79

NRS 360.090, 361.320

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