NRS361.345. Power of county board of equalization to change valuation of property; review of changes in valuation and estimation of certain property by county assessor; notice of addition to assessed valuation.

      1.  Except as otherwise provided in subsection 2, the county board of equalization may:

      (a) Determine the valuation of any real or personal property placed on:

             (1) The secured tax roll which was assessed by the county assessor; or

             (2) The unsecured tax roll which was assessed by the county assessor on or after May 1 and on or before December 15; and

      (b) Change and correct any valuation found to be incorrect either by adding thereto or by deducting therefrom such sum as is necessary to make it conform to the taxable value of the property assessed, whether that valuation was fixed by the owner or the county assessor. The county board of equalization may not reduce the assessment of the county assessor unless it is established by a preponderance of the evidence that the valuation established by the county assessor exceeds the full cash value of the property or is inequitable. A change so made is effective only for the fiscal year for which the assessment was made. The county assessor shall each year review all such changes made for the previous fiscal year and maintain or remove each change as circumstances warrant.

      2.  If a person complaining of the assessment of his or her property:

      (a) Has refused or, without good cause, has neglected to give the county assessor the person’s list under oath, as required by NRS 361.265; or

      (b) Has, without good cause, refused entry to the assessor for the purpose of conducting the physical examination required by NRS 361.260,

Ê the county assessor shall make a reasonable estimate of the property and assess it accordingly. No reduction may be made by the county board of equalization from the assessment of the county assessor made pursuant to this subsection.

      3.  If the county board of equalization finds it necessary to add to the assessed valuation of any property on the assessment roll, it shall direct the clerk to give notice to the person so interested by registered or certified letter, or by personal service, naming the day when it will act on the matter and allowing a reasonable time for the interested person to appear.

      [Part 18:344:1953; A 1954, 29]—(NRS A 1969, 95; 1981, 796; 1985, 1435; 1991, 2097; 1997, 1576; 2003, 2764; 2005, 2657; 2009, 1219)