Convention Properties v. Washoe County Assessor

OPINION

Prior to 1987, appellants’ property in Reno was assessed based on an agricultural use tax deferment. Subsequently, the Washoe County Assessor determined that, pursuant to amendments of NRS 361A.031, the property had been converted to a higher use because of appellants’ actions towards selling the property for commercial and residential development. Accordingly, the assessor applied a higher tax rate and also sought payment of deferred taxes as required by statute. The total amount due was over $529,000.00. Following appeals to the county and state boards of *402equalization, appellants…