Nevada Revised Statutes > Chapter 279A – Rehabilitation of Property in Residential Neighborhoods
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Terms Used In Nevada Revised Statutes > Chapter 279A - Rehabilitation of Property in Residential Neighborhoods
- Affordable housing: has the meaning ascribed to it in NRS 278. See Nevada Revised Statutes 279A.020
- Agency: means an agency of a county or city established or designated to administer a program. See Nevada Revised Statutes 279A.020
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Fund: means a revolving fund for loans for the rehabilitation of residential property. See Nevada Revised Statutes 279A.020
- Governing body: means the governing body of a county or city. See Nevada Revised Statutes 279A.020
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Program: means a program for the rehabilitation of residential neighborhoods established by a governing body pursuant to this chapter. See Nevada Revised Statutes 279A.020
- Rehabilitation: includes structural improvements, landscaping and any other measure to improve the appearance of property or maintain property in a decent, safe and sanitary condition. See Nevada Revised Statutes 279A.020