1. If the property is found to be agricultural real property, the county assessor shall determine its value for agricultural use and assess it for taxes to be collected in the ensuing fiscal year at 35 percent of that value.
2. The agricultural use assessment must be maintained in the records of the assessor and must be made available to any person upon request. The property owner must be notified of the agricultural use assessment in the manner provided for notification of taxable value assessments. The notice must contain the following statement: Deferred taxes will become due on this parcel if it is converted to a higher use.
(Added to NRS by 1975, 1758; A 1977, 679; 1981, 807; 1987, 675; 1993, 178)
Structure Nevada Revised Statutes
Chapter 361A - Taxes on Agricultural Real Property and Open Space
NRS 361A.020 - "Agricultural real property" defined.
NRS 361A.030 - "Agricultural use" defined.
NRS 361A.031 - "Converted to a higher use" defined.
NRS 361A.0315 - "Golf course" defined.
NRS 361A.032 - "Higher use" defined.
NRS 361A.040 - "Open-space real property" defined.
NRS 361A.050 - "Open-space use" defined.
NRS 361A.060 - "Owner" defined.
NRS 361A.065 - "Parcel" defined.
NRS 361A.090 - Legislative declaration.
NRS 361A.100 - Application by owner.
NRS 361A.110 - Filing, contents and execution of application.
NRS 361A.130 - Determination of value for agricultural use; notification of assessment.
NRS 361A.140 - Classification of agricultural property; valuations for each classification.
NRS 361A.150 - Disqualification of property.
NRS 361A.160 - Appeal of determination.
NRS 361A.180 - Application by owner.
NRS 361A.190 - Filing, contents and execution of application.
NRS 361A.200 - Action on application by governing bodies of county and city: Procedure.
NRS 361A.210 - Orders of approval or denial by board of county commissioners.
NRS 361A.220 - Determination of value for open-space use; notification of assessment.
NRS 361A.225 - Determination of value for open-space use of real property used as golf course.
NRS 361A.230 - Disqualification of property.
NRS 361A.240 - Appeal from determination; equalization of assessment.
NRS 361A.250 - Redetermination of use: Complaint; hearing; order; judicial review.
NRS 361A.271 - Assessor to give owner notice of determination; contents of notice.
NRS 361A.273 - Appeal from determination or valuations.
NRS 361A.277 - Determination of taxable value when property converted to higher use.
NRS 361A.280 - Payment of deferred tax when property converted to higher use.