427A.520 - Renter’s refund: Entitlement; limitation. - Nevada Statutes

427A.520  Renter’s refund: Entitlement; limitation.

      1.  A senior citizen who has rented and maintained his or her primary residence in a home or on a lot since July 1 of the preceding calendar year and whose household income is not more than $24,016, as adjusted pursuant to subsection 3 of NRS 427A.515, is entitled to a refund as determined in accordance with the provisions of subsection 1 of NRS 427A.515.

      2.  The amount of the refund provided pursuant to subsection 1 must not exceed an amount equal to that portion of the rent which is rent deemed to constitute accrued property tax, even if the rental property is exempt from property tax.

      (Added to NRS by 2001, 2658; A 2003, 2019)