Nevada Revised Statutes 268.622 – ‘Majority of the property owners’ defined
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‘Majority of the property owners’ in a territory means the owners of real property:
Terms Used In Nevada Revised Statutes 268.622
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
1. Whose combined value is greater than 50 percent of the total value of real property in the territory, as determined by assessment for taxation; and
2. Whose combined area is greater than 50 percent of the total area of the territory excluding lands held by public bodies.