Nevada Administrative Code|Section 375.063 - "Fractional interest" defined

                                                
 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.
 
Added to NAC by Tax Comm'n by R181-01, eff. 5-13-2002
 
NRS 360.090, 375.015