Nevada Revised Statutes 459.618 – ‘Eligible property’ defined
‘Eligible property’ means real property located in this State that:
Terms Used In Nevada Revised Statutes 459.618
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
1. Except as otherwise provided in NRS 459.632, is not:
(a) Listed, proposed for listing or eligible for listing on the National Priorities List contained in Appendix B of Part 300 of Title 40 of the Code of Federal Regulations; and
(b) Owned, managed or controlled by a person or governmental entity subject to a pending investigation or ongoing enforcement action of the Federal Government pursuant to the federal Resource Conservation and Recovery Act, 42 U.S.C. § 6901 et seq., or the Comprehensive Environmental Response, Compensation, and Liability Act, 42 U.S.C. § 9601 et seq.;
2. Is not owned, managed or controlled by a person or governmental entity subject to a pending investigation or ongoing enforcement action of the Division with respect to that real property; and
3. Contains the site or probable site of a release of a hazardous substance.