Nevada Property Rights and Transactions

Sec. § 118B.0113
“Capital improvement” defined.


“Capital improvement” means an addition or betterment made to a manufactured home park that:

1.

Consists of more than the repair or replacement of an existing facility;

2.

Is required by law to be amortized over its useful life for the purposes of income tax; and

3.

Has a useful life of 5 years or more.
Source

Last accessed
Feb. 5, 2021