Nev. Admin. Code § 375.063 - "Fractional interest" defined

"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 owner's fractional interest in that property.

Notes

Nev. Admin. Code § 375.063
Added to NAC by Tax Comm'n by R181-01, eff. 5-13-2002

NRS 360.090, 375.015

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