Nevada § 361.768 - Correction of overassessment of real or personal property because of factual error; adjustment for partial or complete destruction of real property improvement or personal property
Full text of Nevada Nevada Revised Statutes § 361.768 — Correction of overassessment of real or personal property because of factual error; adjustment for partial or complete destruction of real property improvement or personal property, with citation guidance and answers to common questions.
§ 361.768. Correction of overassessment of real or personal property because of factual error; adjustment for partial or complete destruction of real property improvement or personal property
1. If an overassessment of real or personal property appears upon the secured tax
roll of any county because of a factual error concerning its existence, size, quantity,
age, use or zoning or legal or physical restrictions on its use within 3 years after
the end of the fiscal year for which the assessment was made, the county assessor
shall make a report thereof to the board of county commissioners of the county. 2. The board of county commissioners shall examine the error so reported, together
with any evidence presented and, if satisfied that the error is factual, shall: (a) By an order entered in the minutes of the board, direct the county treasurer to
correct the error; and (b) Deliver a copy of the order to the county treasurer, who shall make the necessary
adjustments to the tax bill and correct the secured tax roll. The adjustment may be a full refund or a credit against taxes due which may be allocated
over a period no longer than 3 years. 3. Partial or complete destruction of a real property improvement or of personal property
may be adjusted pro rata if the destruction occurred on or after the lien date and
the property was rendered unusable or uninhabitable for a period of not less than
90 consecutive days. The adjustments may be made in the form of a credit on taxes due or a refund if
taxes have been paid for the period. The county assessor shall notify the county treasurer of each adjustment. The county assessor shall report recommended adjustments to the board of county
commissioners no later than June 30 of each fiscal year.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 361.768
What does Nevada Revised Statutes § 361.768 cover?
Section 361.768 ("Correction of overassessment of real or personal property because of factual error; adjustment for partial or complete destruction of real property improvement or personal property") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 361.768?
A common citation format is "Nevada Revised Statutes § 361.768" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 361.768 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.