Nevada Revised Statutes 342.015 – Definitions
Current as of: 2023 | Check for updates
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As used in NRS 342.015 to 342.075, inclusive, unless the context otherwise requires:
Terms Used In Nevada Revised Statutes 342.015
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
1. ’Acquisition’ means the acquisition of real property by a governmental body by purchase or eminent domain.
2. ’Business’ means a business which is licensed and registered in accordance with law.
3. ’Displacement’ means the actual vacating of real property by a natural person or business because of an acquisition by a governmental body.
4. ’Governmental body’ means any political subdivision of this state, any department, agency or instrumentality of a political subdivision, and any other entity which is authorized to exercise the power of eminent domain.