427A.495 - “Property taxes accrued” defined.

427A.495  “Property taxes accrued” defined.  “Property taxes accrued” means property taxes, excluding special assessments, delinquent taxes and interest, levied on a claimant’s home in this state which are due during August, immediately preceding the date of filing of a claim. If a home is owned by two or more persons or entities as joint tenants or tenants in common and one or more persons or entities are not members of the claimant’s household, property taxes accrued is that part of the property taxes levied on the home which reflects the percentage of the residential space occupied by the claimant and his or her household.

      (Added to NRS by 2001, 2657)