“Full cash value” defined.

NRS 361.025, under PROPERTY TAX.

NRS 361.025

NRS 361.025 “Full cash value” defined. “Full cash value” means the most probable price which property would bring in a competitive and open market under all conditions requisite to a fair sale. [Part 3:344:1953]—(NRS A 1965, 1444; 1981, 787; 1987, 2075)