“Open-space real property” defined. “Open-space real property” means:
1. Land:
(a) Located within an area classified pursuant to NRS 278.250 and subject to regulations designed to promote the conservation of open space and the protection of other natural and scenic resources from unreasonable impairment; and
(b) Devoted exclusively to open-space use.
2. The improvements on the land used primarily to support the open-space use and not primarily to increase the value of surrounding developed property or secure an immediate monetary return.
Last modified: February 27, 2006