Celebrating 75 Years of Serving Nevada’s Legal, Business, Government, and Civic Communities

Nevada Property Tax Updates – Common Area Amenities

Common Area Amenities: The Sun City cases lay the foundation for successful appeals.

Homeowners associations often hold and manage common area amenities for the benefit of the residents of their respective communities. Those amenities range from parks and pathways, to swimming pools, recreation centers and golf courses.   The land and improvements that comprise the amenities are typically subject to restrictions on use and alienability that ensure the amenities will be maintained for the benefit of the residents in perpetuity.

In Nevada, county assessors value common area amenities using a replacement cost approach, which is reduced by statutory depreciation. The county assessors do not typically reduce the replacement cost value by additional obsolescence attributable to restrictions on the use and alienability of the property. However, the property owner is entitled to have the value reduced if it exceeds full cash value, which theoretically is a value which would consider the impact of restrictions on use and alienability.

To read entire article click here

American Property Tax Counsel (APTC)

About McDonald Carano

In 2024, McDonald Carano celebrates 75 years of serving Nevada’s legal, business, government, and civic communities. More than 60 lawyers and government relations professionals serve state, national, and international clients from our offices in Reno, Las Vegas, and Carson City. McDonald Carano provides legal services and government affairs and advocacy counsel to startups, corporations, trade associations, nonprofits, public entities, high-net-worth individuals, investors, and public-private partnerships throughout Nevada. We are proud to be your Nevada law firm since 1949.

Media Contact

Mark Buckovich


You have chosen to send an email to McDonald Carano. The sending or receipt of this email and the information in it does not in itself create an attorney-client relationship. If you are not already a client, you should not provide us with information that you wish to have treated as privileged or confidential without first speaking to one of our lawyers. If you provide information before we confirm that you are a client and that we are willing and able to represent you, we may not be required to treat that information as privileged, confidential, or protected information, and we may be able to represent a party adverse to you.

I have read this and want to send an email.