Nevada Supreme Court September 25, 2008, 47994 (Canyon Villas Apartments Corp. v. STATE, TAX COMM'N)

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OPINION

Per Curiam:

In this appeal, we consider the appropriate method for assessing the taxable value of income-producing real property when the property’s improvements contain constructional defects. This case arises from respondent the State Board of Equalization’s determination with respect to the 2004-2005 tax assessment of appellants’ properties.