Nev. Rev. Stat. § 116.318 — NV Code / Title 10 / Chapter 116 / Section 116.318
Right of units’ owners to keep pet
Status: in_force

1. Except as otherwise provided in subsections 2, 3 and 4, the executive board of an association shall not and the governing documents of that association must not prohibit a unit's owner from keeping at least one pet within such physical portion of the common-interest community as that owner has a right to occupy and use exclusively.

2. This section does not preclude an association from adopting, and does not preclude the governing documents of the association from setting forth, reasonable restrictions on the ownership of pets by a unit's owner. For the purpose of this subsection, it is presumed that a restriction on the ownership of a dangerous or vicious dog as defined in NRS 202.500 is a reasonable restriction on pet ownership.

3. If an association adopts a new provision or amends an existing provision of a governing document to restrict the number of pets kept by a unit's owner, the provision must not prohibit a unit's owner from continuing to keep his or her pet within such physical portion of the common-interest community as that owner has a right to occupy and use exclusively, if the pet otherwise conformed to the previous provisions of the governing documents.

4. The original declaration may prohibit a unit's owner from keeping at least one pet within such physical portion of the common-interest community as that owner has a right to occupy and use exclusively. A declaration may not be amended to include such a prohibition.

5. Nothing in this section shall be construed to affect: (a) The validity and enforceability of a provision in a governing document prohibiting a unit's owner from keeping at least one pet within such physical portion of the common-interest community as that owner has a right to occupy and use exclusively, if such a prohibition was effective on or before October 1, 2019. (b) Any other right provided by law to a unit's owner concerning his or her right to keep a pet within such physical portion of the common-interest community as that owner has a right to occupy and use exclusively.

6. For purposes of this section: (a) “ Governing documents ” means: (1) The articles of incorporation, articles of association, articles of organization, certificate of registration, certificate of limited partnership, certificate of trust or other documents that are used to organize the association for the common-interest community; (2) The bylaws and rules of the association; and (3) Any other documents that govern the operation of the common-interest community or the association. (b) “ Pet ” means any domesticated bird, cat, dog or aquatic animal kept within an aquarium or other animal as agreed upon by the association and the unit's owner.
Nev. Rev. Stat. § 120.260 — NV Code / Title 10 / Chapter 120 / Section 120.260
Disclaimer of power of appointment or other power not held in fiduciary capacity
Status: in_force

If a holder disclaims a power of appointment or other power not held in a fiduciary capacity, the following rules apply:

1. If the holder has not exercised the power, the disclaimer takes effect as of the time the instrument creating the power becomes irrevocable.

2. If the holder has exercised the power and the disclaimer is of a power other than a presently exercisable general power of appointment, the disclaimer takes effect immediately after the last exercise of the power.

3. The instrument creating the power is construed as if the power expired when the disclaimer became effective.
Nev. Rev. Stat. § 116B.760 — NV Code / Title 10 / Chapter 116B / Section 116B.760
Resales of units
Status: in_force

1. Except in the case of a sale in which delivery of a public offering statement is required, a unit's owner or his or her authorized agent shall furnish to a purchaser a resale package containing all of the following: (a) A copy of this chapter, the declaration, other than any plats, the bylaws, the rules or regulations of the association and the hotel unit owner and the information statement required by NRS 116B.765 ; (b) A statement setting forth the amount of the monthly assessment for common expenses and any unpaid assessment of any kind currently due from the selling unit's owner; (c) A copy of the current operating budget of the association and current year-to-date financial statement for the association, which must include a summary of the reserves of the association required by this chapter; (d) A current year-to-date statement of the shared expenses charged to the units and the projected budget for the shared expenses, either within or as an exhibit to the public offering statement. The budget must include, without limitation: (1) A statement of the amount included in the budget as reserves for repairs, replacement and restoration pursuant to this chapter; and (2) The projected monthly shared expenses for each type of unit, including the amount established as reserves pursuant to this chapter; (e) A description of any other payments, fees and charges that may be charged by the hotel unit owner, including those that may be charged in order to offset the increased burden placed on the shared components as a result of use of residential units as transient rentals; and (f) A statement of any unsatisfied judgments or pending legal actions against the association or the hotel unit owner which affect the shared components and the status of any pending legal actions relating to the condominium hotel of which the unit's owner has actual knowledge.

2. The purchaser may, by written notice, cancel the contract of purchase until midnight of the fifth calendar day following the date of receipt of the resale package described in subsection 1, and the contract for purchase must contain a provision to that effect. If the purchaser elects to cancel a contract pursuant to this subsection, the purchaser must hand deliver the notice of cancellation to the residential unit owner or his or her authorized agent or mail the notice of cancellation by prepaid United States mail to the residential unit owner or his or her authorized agent. Cancellation is without penalty, and all payments made by the purchaser before cancellation must be refunded promptly. If the purchaser has accepted a conveyance of the residential unit, the purchaser is not entitled to: (a) Cancel the contract pursuant to this subsection; or (b) Damages, rescission or other relief based solely on the ground that the residential unit owner or his or her authorized agent failed to furnish the resale package, or any portion thereof, as required by this section.

3. Within 10 calendar days after receipt of a written request by a residential unit owner or his or her authorized agent, the hotel unit owner shall furnish all of the following to the residential unit owner or his or her authorized agent for inclusion in the resale package: (a) Copies of the documents required pursuant to paragraphs (a) and (c) of subsection 1; and (b) A certificate containing the information necessary to enable the residential unit owner to comply with paragraphs (b), (d), (e) and (f) of subsection 1.

4. If the hotel unit owner furnishes the documents and certificate pursuant to subsection 3: (a) The residential unit owner or his or her authorized agent shall include the documents and certificate in the resale package provided to the purchaser, and neither the residential unit owner nor his or her authorized agent is liable to the purchaser for any erroneous information provided by the hotel unit owner and included in the documents and certificate. (b) The hotel unit owner may charge the residential unit owner a reasonable fee to cover the cost of preparing the certificate furnished pursuant to subsection 3. Such a fee must be based on the actual cost the association incurs to fulfill the requirements of this section in preparing the certificate. The Commission shall adopt regulations establishing the maximum amount of the fee that the hotel unit owner may charge for preparing the certificate. (c) The other documents furnished pursuant to subsection 3 must be provided in electronic format at no charge to the unit's owner or, if the hotel unit owner is unable to provide such documents in electronic format, the hotel unit owner may charge the residential unit owner a reasonable fee, not to exceed 25 cents per page for the first 10 pages, and 10 cents per page thereafter, to cover the cost of copying. (d) Except for the fees allowed pursuant to paragraphs (b) and (c), the hotel unit owner may not charge the residential unit owner any other fees for preparing or furnishing the documents and certificate pursuant to subsection 3.

5. Neither a purchaser nor the purchaser's interest in a residential unit is liable for any unpaid assessment or fee greater than the amount set forth in the documents and certificate prepared by the hotel unit owner. If the hotel unit owner fails to furnish the documents and certificate within the 10 calendar days allowed by this section, the purchaser is not liable for the delinquent assessment. A resale package provided to a unit's owner or his or her authorized agent pursuant to this section remains effective for 90 calendar days.

6. Upon the request of a residential unit owner or his or her authorized agent, or upon the request of a purchaser to whom the hotel unit owner has provided a resale package pursuant to this section or his or her authorized agent, the hotel unit owner shall make the entire study of the reserves of the association or the shared components reasonably available for the residential unit owner, purchaser or authorized agent to inspect, examine, photocopy and audit. The study must be made available at the business office of the association or the hotel unit owner or some other suitable location within the county where the condominium hotel is situated or, if it is situated in more than one county, within one of those counties.
Nev. Rev. Stat. § 116B.360 — NV Code / Title 10 / Chapter 116B / Section 116B.360
Alterations of units; access to units
Status: in_force

Except as otherwise provided in this section and subject to the provisions of the declaration and other provisions of law, a residential unit owner:

1. May make any improvements or alterations to his or her residential unit that do not impair the structural integrity or mechanical systems or lessen the support of any portion of the condominium hotel; and

2. May not change the appearance of the common elements, the shared components, the hotel unit or the exterior appearance of a unit, building or any other portion of the condominium hotel.
Nev. Rev. Stat. § 111.3673 — NV Code / Title 10 / Chapter 111 / Section 111.3673
“Electronic document” defined
Status: in_force

“ Electronic document ” means a document that is received by the county recorder in an electronic form.
Nev. Rev. Stat. § 116.790 — NV Code / Title 10 / Chapter 116 / Section 116.790
Remedial and disciplinary action: Audit of association; requiring association to hire community manager who holds certificate; appointment of receiver
Status: in_force

1. If the Commission or a hearing panel, after notice and hearing, finds that the executive board or any person acting on behalf of the association has committed a violation, the Commission or the hearing panel may take any or all of the following actions: (a) Order an audit of the association, at the expense of the association. (b) Require the executive board to hire a community manager who holds a certificate.

2. The Commission, or the Division with the approval of the Commission, may apply to a court of competent jurisdiction for the appointment of a receiver for an association if, after notice and a hearing, the Commission or a hearing officer finds that any of the following violations occurred: (a) The executive board, or any member thereof, has been guilty of fraud or collusion or gross mismanagement in the conduct or control of its affairs; (b) The executive board, or any member thereof, has been guilty of misfeasance, malfeasance or nonfeasance; or (c) The assets of the association are in danger of waste or loss through attachment, foreclosure, litigation or otherwise.

3. In any application for the appointment of a receiver pursuant to this section, notice of a temporary appointment of a receiver may be given to the association alone, by process as in the case of an application for a temporary restraining order or injunction. The hearing thereon may be had after 5 days' notice unless the court directs a longer or different notice and different parties.

4. The court may, if good cause exists, appoint one or more receivers pursuant to this section to carry out the business of the association. The members of the executive board who have not been guilty of negligence or active breach of duty must be preferred in making the appointment.

5. The powers of any receiver appointed pursuant to this section may be continued as long as the court deems necessary and proper. At any time, for sufficient cause, the court may order the receivership terminated.

6. Any receiver appointed pursuant to this section has, among the usual powers, all the functions, powers, tenure and duties to be exercised under the direction of the court as are conferred on receivers and as provided in NRS 78.635 , 78.640 and 78.645 , whether or not the association is insolvent. Such powers include, without limitation, the powers to: (a) Take charge of the estate and effects of the association; (b) Appoint an agent or agents; (c) Collect any debts and property due and belonging to the association and prosecute and defend, in the name of the association, or otherwise, any civil action as may be necessary or proper for the purposes of collecting debts and property; (d) Perform any other act in accordance with the governing documents of the association and this chapter that may be necessary for the association to carry out its obligations; and (e) By injunction, restrain the association from exercising any of its powers or doing business in any way except by and through a receiver appointed by the court.
Nev. Rev. Stat. § 120A.140 — NV Code / Title 10 / Chapter 120A / Section 120A.140
Administration of chapter; regulations
Status: in_force

The Administrator shall carry out the provisions of this chapter and may adopt regulations appropriate for this purpose.
Nev. Rev. Stat. § 118.205 — NV Code / Title 10 / Chapter 118 / Section 118.205
Requirements for notice
Status: in_force

A notice provided by a landlord to a tenant pursuant to NRS 118.195 :

1. Must advise the tenant of the provisions of that section and specify: (a) The address or other location of the property; (b) The date upon which the property will be deemed abandoned and the rental agreement terminated; and (c) An address for payment of the rent due and delivery of notice to the landlord.

2. Must be served pursuant to subsection 1 of NRS 40.280 .

3. May be included in the notice required by subsection 1 of NRS 40.253 or subsection 1 of NRS 40.2542 , as applicable.
Nev. Rev. Stat. § 111.815 — NV Code / Title 10 / Chapter 111 / Section 111.815
Rights of beneficiary; limitations; liability of beneficiaries
Status: in_force

A beneficiary of a nonprobate transfer takes the owner's interest in the property at death, subject to all conveyances, assignments, contracts, setoffs, licenses, easements, liens and security interests made by the owner or to which the owner was subject during the owner's lifetime. Subject to the limitation of subsection 2 of NRS 111.779 :

1. A beneficiary of a nonprobate transfer of an account with a bank, savings and loan association, savings bank, credit union, broker or mutual fund takes the owner's interest in the property at death, subject to all requests for payment of money issued by the owner before death, whether paid by the transferring entity before or after the death or unpaid.

2. The beneficiary is liable to the payee of an unsatisfied request for payment, to the extent that it represents an obligation that was enforceable against the owner during the owner's lifetime. To the extent that a claim properly paid by the personal representative of the owner's estate includes the amount of an unsatisfied request for payment to the claimant, the personal representative is subrogated to the rights of the claimant as payee.

3. Each beneficiary's liability with respect to an unsatisfied request for payment is limited to the same proportionate share of the request for payment as the beneficiary's proportionate share of the account under the beneficiary designation. Beneficiaries have the right of contribution among themselves with respect to requests for payment which are satisfied after the death of the owner, to the extent the requests for payment would have been enforceable by the payees.

4. In no event may a beneficiary's liability to payees, to the owner's estate and to other beneficiaries pursuant to this section, with respect to all requests for payment, exceed the value of the account received by the beneficiary. If a request for payment which would not have been enforceable under this section is satisfied from a beneficiary's share of the account, the beneficiary: (a) Is not liable to any other payee or the owner's estate pursuant to this section for the amount so paid; and (b) Has no right of contribution against other beneficiaries with respect to that amount.
Nev. Rev. Stat. § 116.770 — NV Code / Title 10 / Chapter 116 / Section 116.770
Procedure for hearing complaints: Time for holding hearing; continuances; notices; evidence; answers; defaults
Status: in_force

1. Except as otherwise provided in subsection 2, if the Administrator files a formal complaint with the Commission, the Commission or a hearing panel shall hold a hearing on the complaint not later than 90 days after the date that the complaint is filed.

2. The Commission or the hearing panel may continue the hearing upon its own motion or upon the written request of a party to the complaint, for good cause shown, including, without limitation, the existence of proceedings for mediation or arbitration or a civil action involving the facts that constitute the basis of the complaint.

3. The Division shall give the respondent written notice of the date, time and place of the hearing on the complaint at least 30 days before the date of the hearing. The notice must be: (a) Delivered personally to the respondent or mailed to the respondent by certified mail, return receipt requested, to his or her last known address. (b) Accompanied by: (1) A copy of the complaint; and (2) Copies of all communications, reports, affidavits and depositions in the possession of the Division that are relevant to the complaint.

4. At any hearing on the complaint, the Division may not present evidence that was obtained after the notice was given to the respondent pursuant to this section, unless the Division proves to the satisfaction of the Commission or the hearing panel that: (a) The evidence was not available, after diligent investigation by the Division, before such notice was given to the respondent; and (b) The evidence was given or communicated to the respondent immediately after it was obtained by the Division.

5. The respondent must file an answer not later than 30 days after the date that notice of the complaint is delivered or mailed by the Division. The answer must: (a) Contain an admission or a denial of the allegations contained in the complaint and any defenses upon which the respondent will rely; and (b) Be delivered personally to the Division or mailed to the Division by certified mail, return receipt requested.

6. If the respondent does not file an answer within the time required by subsection 5, the Division may, after giving the respondent written notice of the default, request the Commission or the hearing panel to enter a finding of default against the respondent. The notice of the default must be delivered personally to the respondent or mailed to the respondent by certified mail, return receipt requested, to his or her last known address.
Nev. Rev. Stat. § 116.31175 — NV Code / Title 10 / Chapter 116 / Section 116.31175
Maintenance and availability of books, records and other papers of association: General requirements; exceptions; general records concerning certain violations; enforcement by Ombudsman; limitations on amount that may be charged to conduct review
Status: in_force

1. Except as otherwise provided in subsection 4, the executive board of an association shall, upon the written request of a unit's owner, make available the books, records and other papers of the association for review at the business office of the association or a designated business location not to exceed 60 miles from the physical location of the common-interest community and during the regular working hours of the association, including, without limitation: (a) The financial statement of the association; (b) The budgets of the association required to be prepared pursuant to NRS 116.31151 ; (c) The study of the reserves of the association required to be conducted pursuant to NRS 116.31152 ; and (d) All contracts to which the association is a party and all records filed with a court relating to a civil or criminal action to which the association is a party.

2. The executive board shall provide a copy of any of the records described in paragraphs (a), (b) and (c) of subsection 1 to a unit's owner or the Ombudsman within 21 days after receiving a written request therefor. Such records must be provided in electronic format at no charge to the unit's owner or, if the association is unable to provide the records in electronic format, the executive board may charge a fee to cover the actual costs of preparing a copy, but the fee may not exceed 25 cents per page for the first 10 pages, and 10 cents per page thereafter.

3. If the executive board fails to provide a copy of any of the records pursuant to subsection 2 within 21 days, the executive board must pay a penalty of $25 for each day the executive board fails to provide the records.

4. The provisions of subsection 1 do not apply to: (a) The personnel records of the employees of the association, except for those records relating to the number of hours worked and the salaries and benefits of those employees; (b) The records of the association relating to another unit's owner, including, without limitation, any architectural plan or specification submitted by a unit's owner to the association during an approval process required by the governing documents, except for those records described in subsection 5; and (c) Any document, including, without limitation, minutes of an executive board meeting, a reserve study and a budget, if the document: (1) Is in the process of being developed for final consideration by the executive board; and (2) Has not been placed on an agenda for final approval by the executive board.

5. The executive board of an association shall maintain a general record concerning each violation of the governing documents, other than a violation involving a failure to pay an assessment, for which the executive board has imposed a fine, a construction penalty or any other sanction. The general record: (a) Must contain a general description of the nature of the violation and the type of the sanction imposed. If the sanction imposed was a fine or construction penalty, the general record must specify the amount of the fine or construction penalty. (b) Must not contain the name or address of the person against whom the sanction was imposed or any other personal information which may be used to identify the person or the location of the unit, if any, that is associated with the violation. (c) Must be maintained in an organized and convenient filing system or data system that allows a unit's owner to search and review the general records concerning violations of the governing documents.

6. If the executive board refuses to allow a unit's owner to review the books, records or other papers of the association, the Ombudsman may: (a) On behalf of the unit's owner and upon written request, review the books, records or other papers of the association during the regular working hours of the association; and (b) If the Ombudsman is denied access to the books, records or other papers, request the Commission, or any member thereof acting on behalf of the Commission, to issue a subpoena for their production.

7. The books, records and other papers of an association must be maintained for at least 10 years. The provisions of this subsection do not apply to: (a) The minutes of a meeting of the units' owners which must be maintained in accordance with NRS 116.3108 ; or (b) The minutes of a meeting of the executive board which must be maintained in accordance with NRS 116.31083 .

8. The executive board shall not require a unit's owner to pay an amount in excess of $25 per hour to review any books, records, contracts or other papers of the association pursuant to the provisions of subsection 1.
Nev. Rev. Stat. § 120A.097 — NV Code / Title 10 / Chapter 120A / Section 120A.097
‘‘Mineral proceeds’’ defined
Status: in_force

“ Mineral proceeds ” means amounts payable for the extraction, production or sale of minerals or, upon the abandonment of those payments, all payments that become payable thereafter. The term includes, without limitation, amounts payable:

1. For the acquisition and retention of a mineral lease, including bonuses, royalties, compensatory royalties, shut-in royalties, minimum royalties and delay rentals;

2. For the extraction, production or sale of minerals, including net revenue interests, royalties, overriding royalties, extraction payments and production payments; and

3. Under an agreement or option, including a joint operating agreement, unit agreement, pooling agreement and farm-out agreement.
Nev. Rev. Stat. § 116B.385 — NV Code / Title 10 / Chapter 116B / Section 116B.385
Termination of condominium hotel
Status: in_force

1. Except in the case of a taking of the condominium hotel by eminent domain, termination of the condominium hotel or the declaration requires approval by: (a) The owners representing at least 80 percent of the votes in the association allocated to the residential unit owners; and (b) The hotel unit owner.

2. An agreement to terminate the condominium hotel or the declaration must be evidenced by the execution of an agreement to terminate in the same manner as a deed by the hotel unit owner and the requisite number of units' owners. The agreement to terminate must specify a date after which the agreement will be void unless it is recorded before that date.

3. An agreement to terminate may provide that all of the common elements, shared components or units must be sold following termination. If, pursuant to the agreement, any real estate in the condominium hotel is to be sold following termination, the agreement must set forth the minimum terms of the sale.

4. The hotel unit owner, on behalf of the units' owners, may contract for the sale of real estate owned by the units' owners in a condominium hotel, but the contract is not binding on the units' owners and the declarant or hotel unit owner, as applicable, until approved pursuant to subsections 1 and 2. If any real estate owned by the units' owners is to be sold following termination, title to that real estate, upon termination, vests in the hotel unit owner as trustee for the holders of all interests in the units. Thereafter, the hotel unit owner has all powers necessary and appropriate to effect the sale. Until the sale has been concluded and the proceeds thereof distributed, the hotel unit owner continues in existence with all powers it had before termination. Proceeds of the sale must be distributed to units' owners and lienholders as their interests may appear, in accordance with NRS 116B.390 and 116B.395 . Unless otherwise specified in the agreement to terminate, as long as the unit's owner holds title to the real estate, each unit's owner and his or her successors in interest have an exclusive right to occupancy of the portion of the real estate that formerly constituted such unit's owner's unit. During the period of that occupancy, each unit's owner and his or her successors in interest remain liable for all assessments, shared expenses and other obligations imposed on units' owners by this chapter or the declaration.

5. If the real estate is not to be sold following termination, title to the common elements and residential units vests in the units' owners upon termination as tenants in common in proportion to their respective interests in the association as provided in NRS 116B.395 , and liens on the units shift accordingly. While the tenancy in common exists, each unit's owner and his or her successors in interest have an exclusive right to occupancy of the portion of the real estate that formerly constituted such unit's owner's unit.

6. Following termination of the condominium hotel, the proceeds of a sale of real estate, together with the assets of the association, are held by the hotel unit owner as trustee for units' owners and holders of liens on the units as their interests may appear.
Nev. Rev. Stat. § 116.643 — NV Code / Title 10 / Chapter 116 / Section 116.643
Authority for Commission or Real Estate Administrator to adopt regulations requiring additional disclosures for sale of unit
Status: in_force

The Commission, or the Administrator with the approval of the Commission, may adopt regulations to require any additional disclosures in the case of a sale of a unit as it deems necessary.
Nev. Rev. Stat. § 116.21188 — NV Code / Title 10 / Chapter 116 / Section 116.21188
Effect of foreclosure or enforcement of lien or encumbrance
Status: in_force

1. In a condominium or planned community, except as otherwise provided in subsection 2, foreclosure or enforcement of a lien or encumbrance against the entire common-interest community does not terminate, of itself, the common-interest community, and foreclosure or enforcement of a lien or encumbrance against a portion of the common-interest community, other than withdrawable real estate, does not withdraw that portion from the common-interest community. Foreclosure or enforcement of a lien or encumbrance against withdrawable real estate does not withdraw, of itself, that real estate from the common-interest community, but the person taking title thereto may require from the association, upon request, an amendment excluding the real estate from the common-interest community.

2. In a condominium or planned community, if a lien or encumbrance against a portion of the real estate comprising the common-interest community has priority over the declaration and the lien or encumbrance has not been partially released, the parties foreclosing the lien or encumbrance, upon foreclosure, may record an instrument excluding the real estate subject to that lien or encumbrance from the common-interest community.
Nev. Rev. Stat. § 116.049 — NV Code / Title 10 / Chapter 116 / Section 116.049
“Governing documents” defined
Status: in_force

“ Governing documents ” means:

1. The declaration for the common-interest community;

2. The articles of incorporation, articles of association, articles of organization, certificate of registration, certificate of limited partnership, certificate of trust or other documents that are used to organize the association for the common-interest community;

3. The bylaws and rules of the association; and

4. Any other documents that govern the operation of the common-interest community or the association.
Nev. Rev. Stat. § 116B.485 — NV Code / Title 10 / Chapter 116B / Section 116B.485
Successor not subject to certain claims against or other obligations of transferor of special declarant’s right
Status: in_force

NRS 116B.475 and 116B.480 do not subject any successor to a special declarant's right to any claims against or other obligations of a transferor declarant, other than claims and obligations arising under this chapter or the declaration.
Nev. Rev. Stat. § 111.080 — NV Code / Title 10 / Chapter 111 / Section 111.080
Contingent future interest: Defeat on birth of posthumous child
Status: in_force

A future estate, depending on the contingency of the death of any person without heirs or issue, or children, shall be defeated by the birth of a posthumous child of such person capable of taking by descent.
Nev. Rev. Stat. § 116B.865 — NV Code / Title 10 / Chapter 116B / Section 116B.865
“Violation” defined
Status: in_force

As used in NRS 116B.870 to 116B.920 , inclusive, unless the context otherwise requires, “ violation ” means a violation of any provision of this chapter, any regulation adopted pursuant thereto or any order of the Commission or a hearing panel.
Nev. Rev. Stat. § 116.4108 — NV Code / Title 10 / Chapter 116 / Section 116.4108
Purchaser's right to cancel
Status: in_force

1. A person required to deliver a public offering statement pursuant to subsection 3 of NRS 116.4102 shall provide a purchaser with a copy of the current public offering statement not later than the date on which an offer to purchase becomes binding on the purchaser. Unless the purchaser has personally inspected the unit, the purchaser may cancel, by written notice, the contract of purchase until midnight of the fifth calendar day following the date of execution of the contract, and the contract for purchase must contain a provision to that effect.

2. If a purchaser elects to cancel a contract pursuant to subsection 1, the purchaser may do so by hand delivering notice thereof to the offeror or by mailing notice thereof by prepaid United States mail to the offeror or to his or her agent for service of process. Cancellation is without penalty, and all payments made by the purchaser before cancellation must be refunded promptly.

3. If a person required to deliver a public offering statement pursuant to subsection 3 of NRS 116.4102 fails to provide a purchaser to whom a unit is conveyed with a current public offering statement, the purchaser is entitled to actual damages, rescission or other relief, but if the purchaser has accepted a conveyance of the unit, the purchaser is not entitled to rescission.
Nev. Rev. Stat. § 111.807 — NV Code / Title 10 / Chapter 111 / Section 111.807
Payments of sums on deposit: Accounts with POD designation
Status: in_force

A financial institution, on request, may pay sums on deposit in an account with a POD designation to:

1. One or more of the parties, whether or not another party is disabled, incapacitated or deceased when the payment is requested and whether or not a party survives another party;

2. The beneficiary or beneficiaries, if proof of death is presented to the financial institution showing that the beneficiary or beneficiaries survived all persons named as parties; or

3. The personal representative, if any, or, if there is none, the heirs or devisees of a deceased party, if proof of death is presented to the financial institution showing that the deceased party was the survivor of all other persons named on the account as a party or beneficiary.
Nev. Rev. Stat. § 120A.040 — NV Code / Title 10 / Chapter 120A / Section 120A.040
“Business association” defined
Status: in_force

“ Business association ” means a corporation, joint-stock company, investment company, partnership, unincorporated association, joint venture, limited-liability company, business trust, trust company, land bank, safe-deposit company or other safekeeping depository, financial organization, insurance company, mutual fund or utility, or another business entity consisting of one or more persons, whether or not for profit.
Nev. Rev. Stat. § 111.711 — NV Code / Title 10 / Chapter 111 / Section 111.711
“Financial institution” defined
Status: in_force

“ Financial institution ” means an organization authorized to do business under state or federal laws relating to financial institutions and includes a bank, thrift company, trust company, savings bank, building and loan association, savings and loan company or association and credit union.
Nev. Rev. Stat. § 120A.620 — NV Code / Title 10 / Chapter 120A / Section 120A.620
Abandoned Property Trust Account; use and transfer of money in Account
Status: in_force

1. There is hereby created in the State General Fund the Abandoned Property Trust Account.

2. All money received by the Administrator under this chapter, including the proceeds from the sale of abandoned property, must be deposited by the Administrator in the State General Fund for credit to the Account.

3. Before making a deposit, the Administrator shall record the name and last known address of each person appearing from the holders' reports to be entitled to the abandoned property and the name and last known address of each insured person or annuitant, and with respect to each policy or contract listed in the report of an insurance company, its number, the name of the company and the amount due. The record must be available for public inspection at all reasonable business hours.

4. The Administrator may pay from money available in the Account: (a) Any costs in connection with the sale of abandoned property. (b) Any costs of mailing and publication in connection with any abandoned property. (c) Reasonable service charges. (d) Any costs incurred in examining the records of a holder and in collecting the abandoned property. (e) Any valid claims filed pursuant to this chapter.

5. Except as otherwise provided in NRS 120A.610 , by the end of each fiscal year, the balance in the Account must be transferred as follows: (a) The first $7,600,000 each year must be transferred to the Millennium Scholarship Trust Fund created by NRS 396.926 . (b) The next $1,000,000 each year must be transferred to the Grant Matching Account created by NRS 223.492 . (c) The next $2,500,000 each year must be transferred to the Account for Student Loan Repayment for Providers of Health Care in Underserved Communities created by NRS 226.466 . (d) If the Nevada Health Service Corps is established pursuant to NRS 396.900 , the next $250,000 each year must be transferred to the University of Nevada School of Medicine for the purpose of obtaining matching money for the Corps from the Federal Government pursuant to subsection 1 of NRS 396.902 . (e) The remainder must be transferred to the State General Fund, but remains subject to the valid claims of holders pursuant to NRS 120A.590 and owners pursuant to NRS 120A.640 and any claims approved for payment by the Administrator pursuant to NRS 120A.525 . No such claim may be satisfied from money in the Millennium Scholarship Trust Fund, the Grant Matching Account or the Account for Student Loan Repayment for Providers of Health Care in Underserved Communities.

6. If there is an insufficient amount of money in the Account to pay any cost or charge pursuant to subsection 4 or NRS 120A.525 , the State Board of Examiners may, upon the application of the Administrator, authorize a temporary transfer from the State General Fund to the Account of an amount necessary to pay those costs or charges. The Administrator shall repay the amount of the transfer as soon as sufficient money is available in the Account.
Nev. Rev. Stat. § 111.3663 — NV Code / Title 10 / Chapter 111 / Section 111.3663
Definitions
Status: in_force

As used in NRS 111.366 to 111.3697 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 111.3667 to 111.368 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 119A.410 — NV Code / Title 10 / Chapter 119A / Section 119A.410
Right to cancel contract of sale
Status: in_force

1. The purchaser of a time share may cancel, by written notice, the contract of sale until midnight of the fifth calendar day following the date of execution of the contract. The contract of sale must include a statement of this right.

2. The right of cancellation may not be waived. Any attempt by the developer to obtain a waiver results in a contract which is voidable by the purchaser.

3. The notice of cancellation may be delivered personally to the developer, sent by certified mail, return receipt requested, or sent by express, priority or recognized overnight delivery service, with proof of service, to the business address of the developer.

4. The developer shall, within 20 days after receipt of the notice of cancellation, return all payments made by the purchaser.
Nev. Rev. Stat. § 111.366 — NV Code / Title 10 / Chapter 111 / Section 111.366
Short title
Status: in_force

NRS 111.366 to 111.3697 , inclusive, may be cited as the Uniform Real Property Electronic Recording Act.
Nev. Rev. Stat. § 118A.175 — NV Code / Title 10 / Chapter 118A / Section 118A.175
“Tribal worker” defined
Status: in_force

“Tribal worker” has the meaning ascribed to it in NRS 40.0045 .
Nev. Rev. Stat. § 116.3118 — NV Code / Title 10 / Chapter 116 / Section 116.3118
Maintenance and availability of certain financial records necessary to provide information required for resale of units; right of units' owners to inspect, examine, photocopy and audit records of association
Status: in_force

1. The association shall keep financial records sufficiently detailed to enable the association to comply with NRS 116.4109 .

2. All financial and other records of the association must be: (a) Maintained and made available for review at the business office of the association or some other suitable location within the county where the common-interest community is situated or, if it is situated in more than one county, within one of those counties; and (b) Made reasonably available for any unit's owner and his or her authorized agents to inspect, examine, photocopy and audit.
Nev. Rev. Stat. § 119A.060 — NV Code / Title 10 / Chapter 119A / Section 119A.060
“Permit” defined
Status: in_force

“Permit” means the authorization issued by the Administrator pursuant to the provisions of this chapter to a developer to offer to sell or sell time shares.
Nev. Rev. Stat. § 111.180 — NV Code / Title 10 / Chapter 111 / Section 111.180
Bona fide purchaser: Conveyance not deemed fraudulent in favor of bona fide purchaser unless subsequent purchaser had actual knowledge, constructive notice or reasonable cause to know of fraud
Status: in_force

1. Any purchaser who purchases an estate or interest in any real property in good faith and for valuable consideration and who does not have actual knowledge, constructive notice of, or reasonable cause to know that there exists a defect in, or adverse rights, title or interest to, the real property is a bona fide purchaser.

2. No conveyance of an estate or interest in real property, or charge upon real property, shall be deemed fraudulent in favor of a bona fide purchaser unless it appears that the subsequent purchaser in such conveyance, or person to be benefited by such charge, had actual knowledge, constructive notice or reasonable cause to know of the fraud intended.
Nev. Rev. Stat. § 111.3683 — NV Code / Title 10 / Chapter 111 / Section 111.3683
Applicability
Status: in_force

NRS 111.366 to 111.3697 , inclusive, allow a person to submit an electronic document for recording with a county recorder only if the county recorder has elected to accept electronic documents for recording in accordance with the provisions of NRS 111.366 to 111.3697 , inclusive.
Nev. Rev. Stat. § 116B.880 — NV Code / Title 10 / Chapter 116B / Section 116B.880
Confidentiality of records: Certain records relating to complaint or investigation deemed confidential; certain records relating to disciplinary action deemed public records
Status: in_force

1. Except as otherwise provided in this section and NRS 239.0115 , a written affidavit filed with the Division pursuant to this chapter, all documents and other information filed with the written affidavit and all documents and other information compiled as a result of an investigation conducted to determine whether to file a formal complaint with the Commission are confidential.

2. A formal complaint filed with the Commission and all documents and other information considered by the Commission or a hearing panel when determining whether to impose discipline or take other administrative action pursuant to NRS 116B.865 to 116B.920 , inclusive, are public records.
Nev. Rev. Stat. § 120A.051 — NV Code / Title 10 / Chapter 120A / Section 120A.051
‘‘Domicile’’ defined
Status: in_force

“ Domicile ” means the state of incorporation of a corporation and the state of the principal place of business of a holder other than a corporation.
Nev. Rev. Stat. § 116B.445 — NV Code / Title 10 / Chapter 116B / Section 116B.445
Election of members of executive board and officers of association; term of office of member of executive board; staggered terms; eligibility to serve on executive board; required disclosures; procedure for conducting elections; certification by member of executive board of understanding of governing documents and provisions of chapter
Status: in_force

1. Not later than the termination of any period of declarant's control, the units' owners shall elect an executive board of at least three members. At least a majority of the members of the executive board must be residential unit owners and at least one member of the executive board must be a duly authorized representative of the hotel unit owner. The executive board shall elect the officers of the association. The members of the executive board and the officers of the association shall take office upon election.

2. The term of office of a member of the executive board may not exceed 3 years, except for members who are appointed by the declarant or the hotel unit owner. Unless the governing documents provide otherwise, there is no limitation on the number of terms that a person may serve as a member of the executive board.

3. The governing documents of the association must provide for terms of office that are staggered in such a manner that, to the extent possible, an equal number of members of the executive board are elected at each election. The provisions of this subsection do not apply to: (a) Members of the executive board who are appointed by the declarant; (b) Members of the executive board who are appointed by the hotel unit owner; and (c) Members of the executive board who serve a term of 1 year or less.

4. Not less than 30 days before the preparation of a ballot for the election of members of the executive board, the secretary or other officer specified in the bylaws of the association shall cause notice to be given to each unit's owner of his or her eligibility to serve as a member of the executive board. Each unit's owner who is qualified to serve as a member of the executive board may have his or her name placed on the ballot along with the names of the nominees selected by the members of the executive board or a nominating committee established by the association.

5. Each person whose name is placed on the ballot as a candidate for a member of the executive board must: (a) Make a good faith effort to disclose any financial, business, professional or personal relationship or interest that would result or would appear to a reasonable person to result in a potential conflict of interest for the candidate if the candidate were to be elected to serve as a member of the executive board; and (b) Disclose whether the candidate is a member in good standing. For the purposes of this paragraph, a candidate shall not be deemed to be in “good standing” if the candidate has any unpaid and past due assessments or charges that are required to be paid to the association. The candidate must make all disclosures required pursuant to this subsection in writing to the association with his or her candidacy information. The association shall distribute the disclosures to each member of the association with the ballot in the manner established in the bylaws of the association.

6. Unless a person is appointed by the declarant, a person may not be a member of the executive board or an officer of the association if the person, the person's spouse or the person's parent or child, by blood, marriage or adoption, performs the duties of a community manager for that association.

7. An officer, employee, agent or director of a corporate owner of a unit, a trustee or designated beneficiary of a trust that owns a unit, a partner of a partnership that owns a unit, a member or manager of a limited-liability company that owns a unit, and a fiduciary of an estate that owns a unit may be an officer of the association or a member of the executive board. In all events where the person serving or offering to serve as an officer of the association or a member of the executive board is not the record owner, the person shall file proof in the records of the association that: (a) The person is associated with the corporate owner, trust, partnership, limited-liability company or estate as required by this subsection; and (b) Identifies the unit or units owned by the corporate owner, trust, partnership, limited-liability company or estate.

8. Except as otherwise provided in NRS 116B.550 , the election of any member of the executive board must be conducted by secret ballot as follows: (a) The secretary or other officer specified in the bylaws of the association shall cause a secret paper or electronic ballot to be provided to each unit's owner and: (1) If a paper ballot is provided, shall send the ballot and a return envelope, prepaid by United States mail, to the mailing address of each unit within the condominium hotel or to any other mailing address designated in writing by the unit's owner; or (2) If an electronic ballot is provided, shall provide the ballot or make the ballot available by electronic means to each unit's owner. (b) Each unit's owner must be provided with at least 15 days after the date the secret ballot is mailed, provided or made available to the unit's owner to return the secret ballot to the association by physical or electronic means. (c) A quorum is not required for the election of any member of the executive board. (d) Only the secret ballots that the association receives by physical or electronic means may be counted to determine the outcome of the election. (e) At a meeting of the association, the secret ballots physically received by the association must be opened and counted and the results of the secret ballots received by the association by electronic means must be reviewed, announced and entered into the record. A quorum is not required to be present when the secret ballots are opened and counted or the results of the secret ballots received by the association by electronic means are reviewed, announced and entered into the record at the meeting. (f) The incumbent members of the executive board and each person whose name is placed on the ballot as a candidate for a member of the executive board may not possess, be given access to or participate in the opening or counting of the secret ballots that the association physically receives, or the collection of data regarding the secret ballots that the association receives by electronic means, before those secret ballots have been opened and counted or reviewed, announced and entered into the record, as applicable, at a meeting of the association.

9. Each member of the executive board shall, within 90 days after his or her appointment or election, certify in writing to the association, on a form prescribed by the Administrator, that the member has read and understands the governing documents of the association and the provisions of this chapter to the best of the member's ability. The Administrator may require the association to submit a copy of the certification of each member of the executive board of that association at the time the association registers with the Ombudsman pursuant to NRS 116B.625 .
Nev. Rev. Stat. § 117.020 — NV Code / Title 10 / Chapter 117 / Section 117.020
Applicability; recordation, amendment and revocation of plan of project
Status: in_force

1. The provisions of this chapter apply to property divided into condominiums only if there was recorded before January 1, 1992, in the county in which the property lies a plan consisting of: (a) A description or survey map of the surface of the land included within the project; (b) Diagrammatic floor plans of the building or buildings built or to be built thereon in sufficient detail to identify each unit, its relative location and approximate dimensions; and (c) A certificate consenting to the recordation of the plan pursuant to this chapter signed and acknowledged by the record owner of the property and by all record holders of security interests therein.

2. The plan may be amended or revoked by a subsequently acknowledged recorded instrument executed by the record owner of the property and by all record holders of security interests therein. Until recordation of a revocation, the provisions of this chapter continue to apply to the property.

3. The term “record owner” as used in this section includes all of the record owners of the property at the time of recordation, but does not include holders of security interests, mineral interests, easements or rights-of-way.
Nev. Rev. Stat. § 116A.080 — NV Code / Title 10 / Chapter 116A / Section 116A.080
“Division” defined
Status: in_force

“ Division ” means the Real Estate Division of the Department of Business and Industry.
Nev. Rev. Stat. § 116.001 — NV Code / Title 10 / Chapter 116 / Section 116.001
Short title
Status: in_force

This chapter may be cited as the Uniform Common-Interest Ownership Act.
Nev. Rev. Stat. § 116.2104 — NV Code / Title 10 / Chapter 116 / Section 116.2104
Description of units
Status: in_force

A description of a unit which sets forth the name of the common-interest community, the file number and book or other information to show where the declaration is recorded, the county in which the common-interest community is located and the identifying number of the unit, is a legally sufficient description of that unit and all rights, obligations and interests appurtenant to that unit which were created by the declaration or bylaws.
Nev. Rev. Stat. § 116B.365 — NV Code / Title 10 / Chapter 116B / Section 116B.365
Monuments as boundaries
Status: in_force

The existing physical boundaries of a residential unit or a hotel unit are its legal boundaries, rather than the boundaries derived from the description contained in the original declaration, regardless of vertical or lateral movement of the building or minor variance between those boundaries and the boundaries derived from the description contained in the original declaration. This section does not relieve a unit's owner of liability in case of his or her willful misconduct or relieve a declarant or any other person of liability for failure to adhere to any plats.
Nev. Rev. Stat. § 116B.030 — NV Code / Title 10 / Chapter 116B / Section 116B.030
“Association” and “unit-owners’ association” defined
Status: in_force

“ Association ” or “ unit-owners' association ” means a unit-owners' association for a condominium hotel organized under NRS 116B.415 .
Nev. Rev. Stat. § 116.4102 — NV Code / Title 10 / Chapter 116 / Section 116.4102
Liability for preparation and delivery of public offering statement
Status: in_force

1. Except as otherwise provided in subsection 2, a declarant, before offering any interest in a unit to the public, shall prepare a public offering statement conforming to the requirements of NRS 116.4103 to 116.4106 , inclusive.

2. A declarant may transfer responsibility for the preparation of all or a part of the public offering statement to a successor declarant pursuant to NRS 116.3104 and 116.31043 , or to a dealer who intends to offer units in the common-interest community. In the event of any such transfer, the transferor shall provide the transferee with any information necessary to enable the transferee to fulfill the requirements of subsection 1.

3. Any declarant or dealer who offers a unit to a purchaser shall deliver a public offering statement in the manner prescribed in subsection 1 of NRS 116.4108 . The declarant or his or her transferee under subsection 2 is liable under NRS 116.4108 and 116.4117 for any false or misleading statement set forth therein or for any omission of a material fact therefrom with respect to that portion of the public offering statement which he or she prepared. If a declarant or dealer did not prepare any part of a public offering statement that he or she delivers, he or she is not liable for any false or misleading statement set forth therein or for any omission of a material fact therefrom unless he or she had actual knowledge of the statement or omission or, in the exercise of reasonable care, should have known of the statement or omission.

4. If a unit is part of a common-interest community and is part of any other real estate in connection with the sale of which the delivery of a public offering statement is required under the laws of this State, a single public offering statement conforming to the requirements of NRS 116.4103 to 116.4106 , inclusive, as those requirements relate to the real estate in which the unit is located, and to any other requirements imposed under the laws of this State, may be prepared and delivered in lieu of providing two or more public offering statements. If the requirements of this chapter conflict with those of another law of this State, the requirements of this chapter prevail.
Nev. Rev. Stat. § 116A.130 — NV Code / Title 10 / Chapter 116A / Section 116A.130
“Reserve study specialist” defined
Status: in_force

“ Reserve study specialist ” means a person who conducts a study of the reserves of an association pursuant to NRS 116.31152 or 116B.605 .
Nev. Rev. Stat. § 118.171 — NV Code / Title 10 / Chapter 118 / Section 118.171
Definitions
Status: in_force

As used in NRS 118.171 to 118.205 , inclusive, unless the context otherwise requires:

1. “ Real property ” includes an apartment, a dwelling, a mobile home that is owned by a landlord and located on property owned by the landlord and commercial premises.

2. “ Rental agreement ” means an agreement to lease or sublease real property for a term less than life which provides for the periodic payment of rent.

3. “ Tenant ” means a person who has the right to possess real property pursuant to a rental agreement.
Nev. Rev. Stat. § 119A.522 — NV Code / Title 10 / Chapter 119A / Section 119A.522
Period of developer's control of association; representation of owners on board
Status: in_force

1. Except as otherwise provided in this section, a time-share instrument may provide for a period of the developer's control of an association during which the developer, or a person designated by the developer, may appoint and remove the officers of the association and the members of the board. Regardless of the period provided in the time-share instrument, the period of the developer's control of the association terminates no later than: (a) One hundred and twenty days after conveyance of 80 percent of the time shares that may be created by the time-share instrument to owners other than the developer; (b) Five years after the developer has ceased to offer time shares for sale in the ordinary course of business; or (c) Five years after any right to add new time shares was last exercised, whichever occurs earlier.

2. A developer may voluntarily surrender the right to appoint and remove officers and members of the board before the end of the period provided for in subsection 1 by executing and recording with the time-share instrument a written instrument declaring the surrender. If such an instrument is recorded, the developer may require that, for the duration of the period of the developer's control, specified actions of the association or board, as described in the recorded instrument, be approved by the developer before they become effective.

3. Not later than 60 days after conveyance of 25 percent of the time shares that may be created pursuant to the time-share instrument to owners other than the developer, at least one member and not less than 25 percent of the members of the board must be elected by owners other than the developer. Not later than 60 days after conveyance of 50 percent of the time shares that may be created pursuant to the time-share instrument to owners other than the developer, not less than 33 1 / 3 percent of the members of the board must be elected by owners other than the developer.
Nev. Rev. Stat. § 116.2103 — NV Code / Title 10 / Chapter 116 / Section 116.2103
Construction and validity of declaration and bylaws
Status: in_force

1. The inclusion in a governing document of an association of a provision that violates any provision of this chapter does not render any other provisions of the governing document invalid or otherwise unenforceable if the other provisions can be given effect in accordance with their original intent and the provisions of this chapter.

2. The rule against perpetuities and NRS 111.103 to 111.1039 , inclusive, do not apply to defeat any provision of the declaration, bylaws, rules or regulations adopted pursuant to NRS 116.3102 .

3. If a conflict exists between the declaration and the bylaws, the declaration prevails except to the extent the declaration is inconsistent with this chapter.

4. Title to a unit and common elements is not rendered unmarketable or otherwise affected by reason of an insubstantial failure of the declaration to comply with this chapter. Whether a substantial failure impairs marketability is not affected by this chapter.
Nev. Rev. Stat. § 116B.845 — NV Code / Title 10 / Chapter 116B / Section 116B.845
Conducting hearings and other proceedings; collection of information; development and promotion of educational guidelines; accreditation of programs of education and research
Status: in_force

1. The Commission shall conduct such hearings and other proceedings as are required by the provisions of this chapter.

2. The Commission shall collect and maintain or cause to be collected and maintained accurate information relating to: (a) The number of condominium hotels in this State; (b) The effect of the provisions of this chapter and any regulations adopted pursuant thereto on the development and construction of condominium hotels, the residential lending market for units within condominium hotels and the operation and management of condominium hotels; (c) Violations of the provisions of this chapter and any regulations adopted pursuant thereto; (d) The accessibility and use of, and the costs related to, the arbitration, mediation and program procedures set forth in NRS 38.300 to 38.360 , inclusive, and the decisions rendered and awards made pursuant to those procedures; (e) The number of foreclosures which were completed on units within condominium hotels and which were based on liens for the failure of the unit's owner to pay any assessments levied against the unit or any fines imposed against the unit's owner; and (f) Other issues that the Commission determines are of concern to units' owners, associations, developers and other persons affected by condominium hotels.

3. The Commission shall develop and promote: (a) Educational guidelines for conducting the elections of the members of an executive board, the meetings of an executive board and the meetings of the units' owners of an association; and (b) Educational guidelines for the enforcement of the governing documents of an association through liens, penalties and fines.

4. The Commission shall recommend and approve for accreditation programs of education and research relating to condominium hotels, including, without limitation: (a) The management of condominium hotels; (b) The sale and resale of units within condominium hotels; (c) Alternative methods that may be used to resolve disputes relating to condominium hotels; and (d) The enforcement, including by foreclosure, of liens on units within condominium hotels for the failure of the unit's owner to pay any assessments levied against the unit or any fines imposed against the unit's owner.
Nev. Rev. Stat. § 119.015 — NV Code / Title 10 / Chapter 119 / Section 119.015
“Administrator” defined
Status: in_force

“ Administrator ” means the Real Estate Administrator.
Nev. Rev. Stat. § 113.140 — NV Code / Title 10 / Chapter 113 / Section 113.140
Disclosure of unknown defect not required; form does not constitute warranty; duty of buyer and prospective buyer to exercise reasonable care
Status: in_force

1. NRS 113.130 does not require a seller to disclose a defect in residential property of which the seller is not aware.

2. A completed disclosure form does not constitute an express or implied warranty regarding any condition of residential property.

3. Neither this chapter nor chapter 645 of NRS relieves a buyer or prospective buyer of the duty to exercise reasonable care to protect himself or herself.
Nev. Rev. Stat. § 119A.525 — NV Code / Title 10 / Chapter 119A / Section 119A.525
Relocation of certain time shares by developer; conditions of relocation; recordation
Status: in_force

1. Any time share that is an undivided fee simple interest or leasehold interest in a unit or parcel on which units are located, and any time share that is a license, may be relocated to another unit or parcel on which units are located: (a) If the replacement unit or parcel: (1) Is within the same project and governed by the same time-share instrument as the original unit or parcel; (2) Provides the owner of the time share the opportunity to enjoy a substantially similar vacation experience as available with the original unit or parcel; and (3) Contains similar sleeping accommodations for at least the same number of persons as the original unit or original unit type within the parcel; (b) If there is to be no increase in the amount of the maintenance fees allocable to the time share to be relocated solely as the result of the relocation; (c) If a one-to-one use night to use right ratio is to be maintained after the relocation; (d) If the location and historical use of the time share to be relocated are considered in furthering the best interests of the owner with respect to the owner's opportunity to use and enjoy the time-share plan; (e) If the time share is not a fixed-unit time share; and (f) If the time share is a fixed-week time share or the rights of use for the time share are within a particular season of the year, if use of the time share in the same fixed week or season is available to the owner of the time share after the relocation.

2. Relocation of a time share pursuant to this section only applies to a time share that is owned by the developer, unless the relocation is: (a) Approved by the vote or the written consent of members of the association, excluding the developer, constituting the minimum percentage of the voting power of the association which constitutes a quorum pursuant to NRS 82.291 ; and (b) Agreed to in writing by the developer.

3. The relocation of each time share pursuant to this section must be made by the recordation of an instrument signed by the developer that identifies: (a) The names of the record owners of each time share to be relocated; (b) The permanent identifying number, if any, of each time share; (c) A legal description of the unit or parcel and a description of the unit type of each time share to be relocated; and (d) A legal description of the unit or parcel and a description of the unit type to which each time share will be reassigned.

4. Upon recordation of the instrument described in subsection 3 and the mailing of the recorded instrument to the owner by certified mail, return receipt requested, to the last known address of the owner as shown in the records of the association, the owner of the time share identified in the recorded instrument shall be deemed to have no further right, title or interest in the unit or parcel originally conveyed or assigned to the owner.

5. For the purposes of this section, in determining whether the replacement unit or parcel “provides the owner of the time share the opportunity to enjoy a substantially similar vacation experience as available with the original unit or parcel,” the following factors must be considered with respect to the similarity of the replacement unit or parcel and the original unit or parcel: (a) Size; (b) Furnishings; (c) Reservation rights; (d) Standards of maintenance; and (e) Location, including scenery, topography and geographic location.

6. As used in this section: (a) “ Fixed-unit time share ” means a time share in which the owner's rights of use are in a single designated unit. (b) “ Fixed-week time share ” means a time share in which the owner's rights of use are within a certain week or weeks on a recurrent, periodic basis, and the weeks of use may rotate based on a fixed-week calendar. (c) “ One-to-one use night to use right ratio ” means that the sum of the number of nights that owners are entitled to use in a 12-month period does not exceed the number of nights available for use by those owners during that 12-month period. For the purposes of this paragraph: (1) No individual time-share unit may be counted as providing more than 365 nights of use per 12-month period or more than 366 nights of use per 12-month period that includes February 29; and (2) The rights of use of each owner must be counted without regard to whether that owner's rights of use have been suspended as the result of the failure to pay assessments or for any other reason.
Nev. Rev. Stat. § 116B.450 — NV Code / Title 10 / Chapter 116B / Section 116B.450
Removal of member of executive board
Status: in_force

1. Notwithstanding any provision of the declaration or bylaws to the contrary, any member of the executive board, other than a member appointed by the declarant or elected by the hotel unit owner, may be removed from the executive board, with or without cause, if at a removal election held pursuant to this section, the number of votes cast in favor of removal constitutes: (a) At least 35 percent of the total number of voting members of the association; and (b) At least a majority of all votes cast in that removal election.

2. A removal election may be called by units' owners constituting at least 10 percent, or any lower percentage specified in the bylaws, of the total number of voting members of the association. To call a removal election, the units' owners must submit a written petition which is signed by the required percentage of the total number of voting members of the association pursuant to this subsection and which is mailed, return receipt requested, or served by a process server to the executive board or the community manager for the association. If a removal election is called pursuant to this subsection and the voting rights of the units' owners will be exercised through the use of secret ballots pursuant to this section: (a) The secret ballots for the removal election must be mailed, provided or made available in the manner required by this section not less than 15 days or more than 60 days after the date on which the petition is received. (b) The executive board shall set the date for the meeting to open and count the secret ballots physically received by the association and to review, announce and enter into the record the results of the secret ballots received by the association by electronic means so that the meeting is held not more than 15 days after the deadline for returning the secret ballots by physical or electronic means and not later than 90 days after the date on which the petition was received. (c) Upon written request submitted to the community manager, president or secretary of the association by a member of the executive board who is the subject of the removal election, the secretary or other officer specified in the bylaws of the association shall cause notice of a meeting of the executive board to be given to the units' owners not later than 5 days after receipt of the written request. The notice must include the date, time and location of the meeting, as requested by the member of the executive board who is the subject of the removal election, and identify the removal of the member from the executive board as an agenda item listed for discussion. A meeting requested pursuant to this paragraph must occur before the date for the meeting set by the executive board pursuant to paragraph (b).

3. Except as otherwise provided in NRS 116B.550 , the removal of any member of the executive board must be conducted by secret ballot as follows: (a) The secretary or other officer specified in the bylaws of the association shall cause a secret paper or electronic ballot to be provided to each unit's owner and: (1) If a paper ballot is provided, shall send the ballot and a return envelope, prepaid by United States mail, to the mailing address of each unit within the condominium hotel or to any other mailing address designated in writing by the unit's owner; or (2) If an electronic ballot is provided, shall provide the ballot or make the ballot available by electronic means to each unit's owner. (b) Each unit's owner must be provided with at least 15 days after the date the secret ballot is mailed, provided or made available to the unit's owner to return the secret ballot to the association by physical or electronic means. (c) Only the secret ballots that the association receives by physical or electronic means may be counted to determine the outcome. (d) At a meeting of the association, the secret ballots physically received by the association must be opened and counted and the results of the secret ballots received by the association by electronic means must be reviewed, announced and entered into the record. A quorum is not required to be present when the secret ballots physically received by the association are opened and counted or the results of the secret ballots received by the association by electronic means are reviewed, announced and entered into the record at the meeting. (e) The incumbent members of the executive board, including, without limitation, the member who is subject to the removal, may not possess, be given access to or participate in the opening or counting of the secret ballots that the association physically receives, or the collection of data regarding the secret ballots that the association receives by electronic means, before those secret ballots have been opened and counted or reviewed, announced and entered into the record, as applicable, at a meeting of the association.
Nev. Rev. Stat. § 118A.163 — NV Code / Title 10 / Chapter 118A / Section 118A.163
“Shutdown” defined
Status: in_force

“Shutdown” has the meaning ascribed to it in NRS 40.0035 .
Nev. Rev. Stat. § 112.180 — NV Code / Title 10 / Chapter 112 / Section 112.180
Transfer made or obligation incurred with intent to defraud or without receiving reasonably equivalent value; determination of intent
Status: in_force

1. A transfer made or obligation incurred by a debtor is fraudulent as to a creditor, whether the creditor's claim arose before or after the transfer was made or the obligation was incurred, if the debtor made the transfer or incurred the obligation: (a) With actual intent to hinder, delay or defraud any creditor of the debtor; or (b) Without receiving a reasonably equivalent value in exchange for the transfer or obligation, and the debtor: (1) Was engaged or was about to engage in a business or a transaction for which the remaining assets of the debtor were unreasonably small in relation to the business or transaction; or (2) Intended to incur, or believed or reasonably should have believed that the debtor would incur, debts beyond his or her ability to pay as they became due.

2. In determining actual intent under paragraph (a) of subsection 1, consideration may be given, among other factors, to whether: (a) The transfer or obligation was to an insider; (b) The debtor retained possession or control of the property transferred after the transfer; (c) The transfer or obligation was disclosed or concealed; (d) Before the transfer was made or obligation was incurred, the debtor had been sued or threatened with suit; (e) The transfer was of substantially all the debtor's assets; (f) The debtor absconded; (g) The debtor removed or concealed assets; (h) The value of the consideration received by the debtor was reasonably equivalent to the value of the asset transferred or the amount of the obligation incurred; (i) The debtor was insolvent or became insolvent shortly after the transfer was made or the obligation was incurred; (j) The transfer occurred shortly before or shortly after a substantial debt was incurred; and (k) The debtor transferred the essential assets of the business to a lienor who transferred the assets to an insider of the debtor.
Nev. Rev. Stat. § 111.763 — NV Code / Title 10 / Chapter 111 / Section 111.763
Proper execution and acknowledgment required to transfer interest in tangible personal property effective upon death of owner; other methods of transfer not precluded
Status: in_force

1. A deed of gift, bill of sale or other writing intended to transfer an interest in tangible personal property which expressly states that the transfer is not to take effect until the death of the owner transfers ownership to the designated transferee beneficiary, effective on the death of the owner, if the instrument is in other respects sufficient to transfer the type of property involved and is executed by the owner and acknowledged before a notary public or other person authorized to administer oaths. A beneficiary transfer instrument need not be supported by consideration or be delivered to any transferee beneficiary.

2. This section does not preclude other methods of transferring ownership of tangible personal property which are authorized by law and which have the effect of postponing enjoyment of property until the death of the owner.
Nev. Rev. Stat. § 116.412 — NV Code / Title 10 / Chapter 116 / Section 116.412
Substantial completion of units
Status: in_force

In the case of a sale of a unit in which delivery of a public offering statement is required, a contract of sale may be executed, but no interest in that unit may be conveyed, until the declaration is recorded and the unit is substantially completed, in accordance with local ordinances.
Nev. Rev. Stat. § 116B.260 — NV Code / Title 10 / Chapter 116B / Section 116B.260
Supplemental general principles of law applicable
Status: in_force

The principles of law and equity, including the law of corporations and any other form of organization authorized by the laws of this State, the law of unincorporated associations, the law of real property, and the law relative to capacity to contract, principal and agent, eminent domain, estoppel, fraud, misrepresentation, duress, coercion, mistake, receivership, substantial performance, or other validating or invalidating cause supplement the provisions of this chapter, except to the extent inconsistent with this chapter.
Nev. Rev. Stat. § 111.102 — NV Code / Title 10 / Chapter 111 / Section 111.102
Abolishment of doctrine of destructibility of contingent remainders
Status: in_force

A contingent remainder is not destroyed by the termination of the preceding estate before the satisfaction of the condition upon which the remainder is contingent. If the condition is subsequently satisfied, the remainder takes effect in the same manner as a springing or shifting executory interest. The purpose of this section is to abolish the doctrine of the destructibility of contingent remainders.
Nev. Rev. Stat. § 116.065 — NV Code / Title 10 / Chapter 116 / Section 116.065
“Offering” defined
Status: in_force

“ Offering ” means any advertisement, inducement, solicitation or attempt to encourage any person to acquire any interest in a unit, other than as security for an obligation. An advertisement in a newspaper or other periodical of general circulation, or in any broadcast medium to the general public, of a common-interest community not located in this State, is not an offering if the advertisement states that an offering may be made only in compliance with the law of the jurisdiction in which the common-interest community is located. The verb “ offer ” has a similar meaning.
Nev. Rev. Stat. § 111.210 — NV Code / Title 10 / Chapter 111 / Section 111.210
Contracts for sale or lease of land for periods in excess of 1 year void unless in writing
Status: in_force

1. Every contract for the leasing for a longer period than 1 year, or for the sale of any lands, or any interest in lands, shall be void unless the contract, or some note or memorandum thereof, expressing the consideration, be in writing, and be subscribed by the party by whom the lease or sale is to be made.

2. Every instrument required to be subscribed by any person under subsection 1 may be subscribed by the agent of the party lawfully authorized.
Nev. Rev. Stat. § 116.411 — NV Code / Title 10 / Chapter 116 / Section 116.411
Escrow of deposits; furnishing of bond in lieu of deposit
Status: in_force

1. Except as otherwise provided in subsections 2, 3 and 4, a deposit made in connection with the purchase or reservation of a unit from a person required to deliver a public offering statement pursuant to subsection 3 of NRS 116.4102 must be placed in escrow and held either in this State or in the state where the unit is located in an account designated solely for that purpose by a licensed title insurance company, an independent bonded escrow company, or an institution whose accounts are insured by a governmental agency or instrumentality until: (a) Delivered to the declarant at closing; (b) Delivered to the declarant because of the purchaser's default under a contract to purchase the unit; (c) Released to the declarant for an additional item, improvement, optional item or alteration, but the amount so released: (1) Must not exceed the lesser of the amount due the declarant from the purchaser at the time of the release or the amount expended by the declarant for the purpose; and (2) Must be credited upon the purchase price; or (d) Refunded to the purchaser.

2. A deposit or advance payment made for an additional item, improvement, optional item or alteration may be deposited in escrow or delivered directly to the declarant, as the parties may contract.

3. In lieu of placing a deposit in escrow pursuant to subsection 1, the declarant may furnish a bond executed by the declarant as principal and by a corporation qualified under the laws of this State as surety, payable to the State of Nevada, and conditioned upon the performance of the declarant's duties concerning the purchase or reservation of a unit. Each bond must be in a principal sum equal to the amount of the deposit. The bond must be held until: (a) Delivered to the declarant at closing; (b) Delivered to the declarant because of the purchaser's default under a contract to purchase the unit; or (c) Released to the declarant for an additional item, improvement, optional item or alteration, but the amount so released must not exceed the amount due the declarant from the purchaser at the time of the release or the amount expended by the declarant for that purpose, whichever is less.

4. Pursuant to subsection 1, a deposit made in connection with the purchase or reservation of a unit from a person required to deliver a public offering statement pursuant to subsection 3 of NRS 116.4102 is deemed to be placed in escrow and held in this State when the escrow holder has: (a) The legal right to conduct business in this State; (b) A registered agent in this State pursuant to subsection 1 of NRS 14.020 ; and (c) Consented to the jurisdiction of the courts of this State by: (1) Maintaining a physical presence in this State; or (2) Executing a written instrument containing such consent, with respect to any suit or claim, whether brought by the declarant or purchaser, relating to or arising in connection with such sale or the escrow agreement related thereto.
Nev. Rev. Stat. § 118A.330 — NV Code / Title 10 / Chapter 118A / Section 118A.330
Landlord's access to dwelling unit
Status: in_force

1. A tenant shall not unreasonably withhold consent for the landlord peaceably to enter into the dwelling unit to: (a) Inspect the premises; (b) Make necessary or agreed repairs, decorating, alterations or improvements; (c) Supply necessary or agreed services; or (d) Exhibit the dwelling unit to prospective or actual purchasers, mortgagees, tenants, workers, contractors or other persons with a bona fide interest in inspecting the premises.

2. The landlord may enter the dwelling unit without consent of the tenant in case of emergency.

3. The landlord shall not abuse the right of access or use it to harass the tenant. Except in case of emergency, the landlord shall give the tenant at least 24 hours' notice of intent to enter and may enter only at reasonable times during normal business hours unless the tenant expressly consents to shorter notice or to entry during nonbusiness hours with respect to the particular entry.

4. The landlord has no other right of access except: (a) Pursuant to court order; (b) Where the tenant has abandoned or surrendered the premises; or (c) Where permitted under NRS 118A.440 .
Nev. Rev. Stat. § 118B.210 — NV Code / Title 10 / Chapter 118B / Section 118B.210
Retaliatory conduct by landlord and harassment by landlord, management or tenant prohibited
Status: in_force

1. The landlord shall not terminate a tenancy, refuse to renew a tenancy, increase rent or decrease services the landlord normally supplies, or bring or threaten to bring an action for possession of a manufactured home lot as retaliation upon the tenant because: (a) The tenant has complained in good faith about a violation of a building, safety or health code or regulation pertaining to a manufactured home park to the governmental agency responsible for enforcing the code or regulation. (b) The tenant has complained to the landlord concerning the maintenance, condition or operation of the park or a violation of any provision of NRS 118B.040 to 118B.220 , inclusive, or 118B.240 . (c) The tenant has organized or become a member of a tenants' league or similar organization. (d) The tenant has requested the reduction in rent required by: (1) NRS 118.165 as a result of a reduction in property taxes. (2) NRS 118B.153 when a service, utility or amenity is decreased or eliminated by the landlord. (e) The tenant provides the proof required by subsection 3 of NRS 118B.200 . (f) A citation has been issued to the landlord as the result of a complaint of the tenant. (g) In a judicial proceeding or arbitration between the landlord and the tenant, an issue has been determined adversely to the landlord.

2. A landlord, manager or assistant manager of a manufactured home park shall not willfully harass a tenant.

3. A tenant shall not willfully harass a landlord, manager or assistant manager of a manufactured home park or an employee or agent of the landlord.

4. As used in this section, “ harass ” means to threaten or intimidate, through words or conduct, with the intent to affect the terms or conditions of a tenancy or a person's exercise of his or her rights pursuant to this chapter.
Nev. Rev. Stat. § 119B.095 — NV Code / Title 10 / Chapter 119B / Section 119B.095
“Public offering statement” defined
Status: in_force

“Public offering statement” means a report, issued by the Administrator pursuant to the provisions of this chapter, which authorizes a developer to offer to sell memberships in a campground which is the subject of the report.
Nev. Rev. Stat. § 116.605 — NV Code / Title 10 / Chapter 116 / Section 116.605
Commission for Common-Interest Communities and Condominium Hotels: Courses of instruction for members
Status: in_force

1. The Division shall employ one or more training officers who are qualified by training and experience to provide to each member of the Commission courses of instruction concerning rules of procedure and substantive law appropriate for members of the Commission. Such courses of instruction may be made available to the staff of the Division as well as to community managers.

2. The training officer shall: (a) Prepare and make available a manual containing the policies and procedures to be followed by executive boards and community managers; and (b) Perform any other duties as directed by the Division.

3. Each member of the Commission must attend the courses of instruction described in subsection 1 not later than 6 months after the date that the member is first appointed to the Commission.
Nev. Rev. Stat. § 116.047 — NV Code / Title 10 / Chapter 116 / Section 116.047
“Financial statement” defined
Status: in_force

“ Financial statement ” means a financial statement of an association that is prepared and presented in accordance with the requirements established by the Commission pursuant to NRS 116.31142 .
Nev. Rev. Stat. § 116B.555 — NV Code / Title 10 / Chapter 116B / Section 116B.555
Tort and contract liability
Status: in_force

1. A unit's owner is not liable, solely by reason of being a unit's owner, for an injury or damage arising out of the condition or use of the common elements. Neither the association nor any unit's owner except the declarant or hotel unit owner, as applicable, is liable for that declarant's or hotel unit owner's torts in connection with any part of the condominium hotel which that declarant or hotel unit owner, as applicable, owns or has the responsibility to maintain.

2. An action alleging a wrong done by the association, including, without limitation, an action arising out of the condition or use of the common elements, may be maintained only against the association and not against any unit's owner. If the wrong occurred during any period of declarant's control over the association and the association gives the declarant reasonable notice of and an opportunity to defend against the action, the declarant who then controlled the association is liable to the association or to any unit's owner for all tort losses not covered by insurance suffered by the association or that unit's owner, and all costs that the association would not have incurred but for a breach of contract or other wrongful act or omission. Whenever the declarant is liable to the association under this section, the declarant is also liable for all expenses of litigation, including reasonable attorney's fees, incurred by the association.

3. Any statute of limitation affecting the association's right of action under this section is tolled until the period of declarant's control terminates. A unit's owner is not precluded from maintaining an action contemplated by this section because he or she is a unit's owner or a member or officer of the association. Liens resulting from judgments against the association are governed by NRS 116B.665 .
Nev. Rev. Stat. § 118B.075 — NV Code / Title 10 / Chapter 118B / Section 118B.075
Landlord of park consisting of 25 or more lots to post and provide to tenant sample rental or lease agreements
Status: in_force

If more than one rental agreement or lease is offered to prospective tenants, the landlord of a manufactured home park consisting of 25 or more lots shall:

1. Post in a conspicuous and readily accessible place in the community or recreation facility in the park, at or near the entrance of the park or other common area in the park, a legible sign indicating in bold print and bearing the caption “sample rental or lease agreements.”

2. Under the sign indicating “sample rental or lease agreements,” post a copy of each rental or lease agreement presently offered to prospective tenants.

3. Provide at the request of a prospective tenant or an existing tenant, a copy of any lease or rental agreement required to be posted pursuant to subsection 2.

4. Immediately correct or replace the posted copy of a lease or rental agreement if new provisions are added to the lease or rental agreement or if existing provisions are amended or deleted.

5. Provide a copy of the provisions of this section to a prospective tenant before the prospective tenant signs a rental agreement or lease for a lot.
Nev. Rev. Stat. § 111.759 — NV Code / Title 10 / Chapter 111 / Section 111.759
Proper execution and delivery required for transfer of property upon death of owner
Status: in_force

A beneficiary designation, under a written instrument or law, that authorizes a transfer of property pursuant to a written designation of beneficiary transfers the right to receive the property to the designated beneficiary who survives, effective on the death of the owner, if the beneficiary designation is executed and delivered in proper form to the transferring entity before the death of the owner.
Nev. Rev. Stat. § 118B.040 — NV Code / Title 10 / Chapter 118B / Section 118B.040
Rental agreements: Landlord to provide prospective tenant with copy of agreement and other residency documents before payment of application fee; landlord to provide signed copy of agreement to tenant; provisions required to be included in agreement
Status: in_force

1. Before requiring or accepting payment of any application fee, a landlord shall give to a prospective tenant who may rent or lease a manufactured home lot: (a) A copy of the rental agreement or lease; (b) A copy of the rules and regulations governing the manufactured home park; (c) Any notices of the sale, closure or conversion of the manufactured home park that must be provided to tenants pursuant to the provisions of this chapter; (d) The criteria used by the manufactured home park in deciding whether to accept an applicant; (e) A list of every increase in rent during the last 5 years for the manufactured home lot; (f) The maintenance responsibilities of the landlord pursuant to NRS 118B.090 ; and (g) Any other residency documents.

2. A rental agreement or lease between a landlord and tenant to rent or lease any manufactured home lot must be in writing. The landlord shall give the tenant a copy of the agreement or lease at the time the tenant signs it.

3. A rental agreement or lease must contain, but is not limited to, provisions relating to: (a) The duration of the agreement or lease. (b) The amount of rent, the manner and time of its payment and the amount of any charges for late payment and dishonored checks. (c) Restrictions on occupancy by children or pets. (d) Services and utilities included with the rental of a lot and the responsibility of maintaining or paying for them, including the charge, if any, for cleaning the lots. (e) Deposits which may be required and the conditions for their refund. (f) Maintenance which the tenant is required to perform and any appurtenances the tenant is required to provide. (g) The name and address of the owner of the manufactured home park and his or her authorized agent. (h) Any restrictions on subletting. (i) Any recreational facilities and other amenities provided to the tenant and any deposits or fees required for their use. (j) Any restriction of the park to older persons pursuant to federal law. (k) The dimensions of the manufactured home lot of the tenant. (l) A summary of the provisions of NRS 202.470 . (m) Information regarding the procedure pursuant to which a tenant may report to the appropriate authorities: (1) A nuisance. (2) A violation of a building, safety or health code or regulation. (n) Information regarding the right of the tenant to engage in the display of the flag of the United States, as set forth in NRS 118B.143 . (o) The amount to be charged each month to the tenant to reimburse the landlord for the cost of a capital improvement to the manufactured home park. Such an amount must be stated separately and include the length of time the charge will be collected and the total amount to be recovered by the landlord from all tenants in the manufactured home park. (p) Any other fees to be charged to the tenant in addition to the base rent.
Nev. Rev. Stat. § 116A.420 — NV Code / Title 10 / Chapter 116A / Section 116A.420
Person prohibited from acting as reserve study specialist without registering with Division; regulations governing standards of practice; investigations; disciplinary action; exceptions
Status: in_force

1. Except as otherwise provided in this section and subsection 2 of NRS 116.31152 , a person shall not act as a reserve study specialist unless the person registers with the Division on a form provided by the Division.

2. The Commission shall by regulation provide for the standards of practice for reserve study specialists.

3. The Division may investigate any reserve study specialist to ensure that the reserve study specialist is complying with the provisions of this chapter and chapters 116 and 116B of NRS and the standards of practice adopted by the Commission.

4. In addition to any other remedy or penalty, if the Commission or a hearing panel, after notice and hearing, finds that a reserve study specialist has violated any provision of this chapter or chapter 116 or 116B of NRS or any of the standards of practice adopted by the Commission, the Commission or the hearing panel may take appropriate disciplinary action against the reserve study specialist.

5. In addition to any other remedy or penalty, the Commission may: (a) Refuse to accept the registration of a person who has failed to pay money which the person owes to the Commission or the Division. (b) Suspend, revoke or refuse to renew the registration of a person who has failed to pay money which the person owes to the Commission or the Division.

6. The provisions of this section do not apply to a member of an executive board or an officer of an association who is acting solely within the scope of his or her duties as a member of the executive board or an officer of the association.

7. A person who assists a registered reserve study specialist in preparing a reserve study, signed by a registered reserve study specialist, is not required to register as a reserve study specialist.
Nev. Rev. Stat. § 118B.015 — NV Code / Title 10 / Chapter 118B / Section 118B.015
“Manufactured home” defined
Status: in_force

“ Manufactured home ” means a vehicular structure without independent motive power, built on a chassis or frame, which is:

1. Designed to be used with or without a permanent foundation;

2. Capable of being drawn by a motor vehicle; and

3. Used as and suitable for year-round occupancy as a residence, when connected to utilities, by one person who maintains a household or by two or more persons who maintain a common household.

The term specifically includes, without limitation, a mobile home that does not comply with the standards established under the National Manufactured Housing Construction and Safety Standards Act of 1974, 42 U.S.C. §§ 5401 et seq.
Nev. Rev. Stat. § 118A.320 — NV Code / Title 10 / Chapter 118A / Section 118A.320
Rules or regulations of landlord
Status: in_force

1. The landlord, from time to time, may adopt rules or regulations concerning the tenant's use and occupancy of the premises. Such a rule or regulation is enforceable against the tenant only if: (a) Its purpose is to promote the convenience, safety or welfare of the landlord or tenants in the premises, preserve the landlord's property from abusive use or make a fair distribution of services and facilities held out for the tenants generally; (b) It is reasonably related to the purpose for which it is adopted; (c) It applies to all tenants in the premises in a fair manner; (d) It is sufficiently explicit in its prohibition, direction or limitation of the tenant's conduct fairly to inform the tenant of what must or must not be done to comply; (e) It is in good faith and not for the purpose of evading an obligation of the landlord; (f) It does not affect the tenant's obligation to pay rent, utilities or other charges; (g) It does not affect, before the end of the duration of the rental agreement, any right the tenant may have under the rental agreement to keep a pet; and (h) The tenant has notice of the rule or regulation at the time the tenant enters into the rental agreement or after the rule or regulation is adopted by the landlord.

2. A rule or regulation adopted after the tenant enters into the rental agreement which works a material modification of the bargain is enforceable against a tenant: (a) Who expressly consents to the rule or regulation in writing; or (b) Who has 30 days' advance written notice of the rule or regulation.
Nev. Rev. Stat. § 118A.130 — NV Code / Title 10 / Chapter 118A / Section 118A.130
“Person” defined
Status: in_force

“Person” includes a government, a governmental agency and a political subdivision of a government.
Nev. Rev. Stat. § 111.761 — NV Code / Title 10 / Chapter 111 / Section 111.761
Proper execution and delivery or acknowledgment required for assignment of right to receive performance effective upon death of owner; other methods of assignment not precluded
Status: in_force

1. A written assignment of a contract right which assigns the right to receive any performance remaining due under the contract to an assignee designated by the owner and which expressly states that the assignment is not to take effect until the death of the owner transfers the right to receive performance due under the contract to the designated assignee beneficiary, effective on the death of the owner, if the assignment is executed and delivered in proper form to the contract obligor before the death of the owner or is executed in proper form and acknowledged before a notary public or other person authorized to administer oaths. A beneficiary assignment need not be supported by consideration or be delivered to the assignee beneficiary.

2. This section does not preclude other methods of assignment which are authorized by law and which have the effect of postponing enjoyment of a contract right until the death of the owner.
Nev. Rev. Stat. § 116.310395 — NV Code / Title 10 / Chapter 116 / Section 116.310395
Delivery to association of converted building reserve deficit
Status: in_force

1. At the time of each close of escrow of a unit in a converted building, the declarant shall deliver to the association the amount of the converted building reserve deficit allocated to that unit.

2. The allocation to a unit of the amount of any converted building reserve deficit must be made in the same manner as assessments are allocated to that unit.

3. As used in this section, “ converted building reserve deficit ” means the amount necessary to replace the major components of the common elements needing replacement within 10 years after the date of the first close of escrow of a unit.
Nev. Rev. Stat. § 111.840 — NV Code / Title 10 / Chapter 111 / Section 111.840
“Private transfer fee” defined
Status: in_force

1. “ Private transfer fee ” means a fee or charge required by a private transfer fee obligation and payable upon the transfer of an interest in real property, or payable for the right to make or accept such a transfer, regardless of whether the fee or charge is a fixed amount or is determined as a percentage of the value of the interest in real property or the purchase price or other consideration paid for the transfer of the interest in real property.

2. The term does not include any: (a) Consideration payable by the buyer to the seller for the interest in real property being transferred, including any subsequent additional consideration payable by the buyer based upon any subsequent appreciation, development or sale of the property if the additional consideration is payable on a one-time basis only and the obligation to make the payment does not bind successors in title to the property; (b) Commission payable to a licensed real estate broker for the transfer of real property pursuant to an agreement between the broker and the seller or buyer, including any subsequent additional commission payable by the seller or buyer based upon any subsequent appreciation, development or sale of the property; (c) Interest, charge, fee or other amount payable by a borrower to a lender pursuant to a loan secured by a mortgage on real property, including, without limitation, any fee payable to the lender for consenting to an assumption of the loan or a transfer of the real property, any amount paid to the lender pursuant to an agreement which gives the lender the right to share in any subsequent appreciation in the value of the property, and any other consideration payable to the lender in connection with the loan; (d) Rent, reimbursement, charge, fee or other amount payable by a lessee to a lessor under a lease, including, without limitation, any fee payable to the lessor for consenting to any assignment, subletting, encumbrance or transfer of the lease; (e) Consideration payable to the holder of an option to purchase an interest in real property or to the holder of a right of first refusal to purchase an interest in real property for waiving, releasing or not exercising the option or right upon the transfer of the real property to another person; (f) Tax, fee, charge, assessment, fine or other amount payable to or imposed by a governmental entity; (g) Fee, charge, assessment, fine or other amount payable to an association of property owners or any other form of organization of property owners, including, without limitation, a unit-owners' association or master association of a common-interest community, a unit-owners' association of a condominium hotel or an association of owners of a time-share plan, pursuant to a declaration, covenant or specific statute applicable to the association or organization; or (h) Fee or charge payable to the master developer of a planned community by the first purchaser of each lot in the planned community in the event that the first purchaser fails to construct and obtain a municipal certificate of occupancy for a residence on the lot and retain ownership of the residence for 1 year before conveying the residence, provided that the obligation of the first purchaser of the lot to pay the fee or charge is on a one-time basis only and does not bind subsequent purchasers of the lot.
Nev. Rev. Stat. § 116.1113 — NV Code / Title 10 / Chapter 116 / Section 116.1113
Obligation of good faith
Status: in_force

Every contract or duty governed by this chapter imposes an obligation of good faith in its performance or enforcement.
Nev. Rev. Stat. § 120A.680 — NV Code / Title 10 / Chapter 120A / Section 120A.680
Periods of limitation
Status: in_force

1. The expiration, before or after October 1, 2007, of a period of limitation on the owner's right to receive or recover property, whether specified by contract, statute or court order, does not preclude the property from being presumed abandoned or affect a duty to file a report or to pay or deliver or transfer property to the Administrator as required by this chapter.

2. An action or proceeding may not be maintained by the Administrator to enforce this chapter in regard to the reporting, delivery or payment of property more than 7 years after the holder specifically identified the property in a report filed with the Administrator or gave express notice to the Administrator of a dispute regarding the property. In the absence of such a report or other express notice, the period of limitation is tolled. The period of limitation is also tolled by the filing of a report that is fraudulent.
Nev. Rev. Stat. § 119A.529 — NV Code / Title 10 / Chapter 119A / Section 119A.529
Solicitation of votes and proxies by owner; requirements for mailing by managers and boards
Status: in_force

1. A manager or, if there is no manager, the board shall: (a) Establish reasonable procedures by which owners may: (1) Solicit votes or proxies from other owners; and (2) Provide information to other owners with respect to legitimate matters of business of the association. (b) Mail to all persons included in the list of owners materials provided by an owner upon the request of that owner if the purpose of the mailing is to advance legitimate matters of business of the association, including, without limitation, a solicitation of a proxy for any purpose, provided that the owner who requests the mailing: (1) Provides to the manager or board a separate copy of the materials for each of the owners on the list or, if the mailing is to be transmitted electronically, a single copy of the materials in an electronic format; and (2) Pays the association the actual costs of the mailing before the mailing.

2. The board is responsible for determining whether a mailing requested pursuant to this section advances legitimate matters of business of the association.

3. The manager or board, as applicable, may determine the manner in which a mailing may be accomplished.

4. For the purposes of this section, “mail” and “mailing” include, without limitation, a distribution made by electronic or similar means, such as the transmission of electronic mail as defined in NRS 41.715 .
Nev. Rev. Stat. § 116B.820 — NV Code / Title 10 / Chapter 116B / Section 116B.820
Immunity
Status: in_force

The Commission and its members, each hearing panel and its members, the Administrator, the Ombudsman, the Division, and the experts, attorneys, investigators, consultants and other personnel of the Commission and the Division are immune from any civil liability for any decision or action taken in good faith and without malicious intent in carrying out the provisions of this chapter.
Nev. Rev. Stat. § 119A.659 — NV Code / Title 10 / Chapter 119A / Section 119A.659
Expiration, revocation or surrender of license or permit does not prohibit disciplinary action against holder thereof
Status: in_force

The expiration or revocation of a license or permit by operation of law or by order or decision of a hearing officer or a court of competent jurisdiction, or the voluntary surrender of a license or permit by a sales agent, project broker or developer does not:

1. Prohibit the Administrator, Division or Real Estate Commission from initiating or continuing an investigation of, or action or disciplinary proceeding against, the sales agent, project broker or developer; or

2. Prevent the imposition or collection of any fine or penalty authorized pursuant to the provisions of this chapter against the sales agent, project broker or developer.
Nev. Rev. Stat. § 116A.470 — NV Code / Title 10 / Chapter 116A / Section 116A.470
Creation and maintenance of website through which certificates or registrations may be renewed; fees
Status: in_force

The Division may:

1. Create and maintain a secure website on the Internet through which each certificate or registration issued pursuant to the provisions of this chapter may be renewed; and

2. For each certificate or registration renewed through the use of a website created and maintained pursuant to subsection 1, charge a fee in addition to any other fee provided for pursuant to this chapter which must not exceed the actual cost to the Division for providing that service.
Nev. Rev. Stat. § 116B.595 — NV Code / Title 10 / Chapter 116B / Section 116B.595
Assessments for shared expenses; funding of adequate reserves; collection of interest on past due assessments; payer of shared expenses not entitled to ownership or control; delivery of budget for projected shared expenses
Status: in_force

1. The hotel unit owner may charge all residential units in the condominium hotel: (a) Shared expenses for the operation, maintenance and insurance of the hotel unit, shared components and the residential units; (b) Costs for the establishment of reasonable reserve funds for the repair or replacement of the major components of the shared components or the major components of the hotel unit; (c) Costs for the establishment of reasonable reserve funds for the maintenance, repair and replacement of the hotel unit or shared components; (d) Charges for capital improvement; (e) Charges that the declarant or hotel unit owner, as applicable, establishes in the declaration to offset the burden on the shared components or hotel unit as a result of transient rentals; and (f) All other charges lawfully imposed by the declarant in connection with the repair, replacement, improvement, maintenance, management, operation and insurance of the shared components.

2. All shared expenses, including the reserves, must be charged against all the residential units in accordance with the allocated liability for shared expenses set forth in the declaration pursuant to this chapter.

3. The shared expenses must be imposed on a calendar-year basis and must be payable by the residential unit owners in monthly, quarterly, semiannual or annual installments as required in the declaration.

4. The hotel unit owner shall establish adequate reserves, funded on a reasonable basis, for the repair, replacement and restoration of the major components of the shared components or the major components of the hotel unit. The reserves may be used only for repair, replacement and restoration of the major components of the shared components or the major components of the hotel unit and must not be used for daily maintenance. The hotel unit owner may comply with the provisions of this subsection through a funding plan that is designed to allocate the costs for the repair, replacement and restoration of the major components of the shared components or the major components of the hotel unit over a period of years if the funding plan is designed in an actuarially sound manner which will ensure that sufficient money is available when the repair, replacement and restoration of the major components of the shared components or the major components of the hotel unit is necessary.

5. Any past due assessment authorized pursuant to this section bears interest at the rate established by the declaration but not to exceed 18 percent per year.

6. Payment of shared expenses by a residential unit owner does not entitle that owner to ownership or control over the hotel unit or the shared components.

7. The hotel unit owner shall provide a copy of the next year's budget for projected shared expenses described in subsection 1 to all units' owners at least 20 days before the date on which the hotel unit owner actually imposes any charges set forth in the next year's budget.
Nev. Rev. Stat. § 116B.475 — NV Code / Title 10 / Chapter 116B / Section 116B.475
Transfer of special declarant’s right
Status: reserved

1. A special declarant's right created or reserved under this chapter may be transferred only by an instrument evidencing the transfer recorded in every county in which any portion of the condominium hotel is located. The instrument is not effective unless executed by the transferee.

2. Upon transfer of any special declarant's right, the liability of a transferor declarant is as follows: (a) A transferor is not relieved of any obligation or liability arising before the transfer and remains liable for warranties imposed upon the transferor by this chapter. Lack of privity does not deprive any unit's owner of standing to maintain an action to enforce any obligation of the transferor. (b) If a successor to any special declarant's right is an affiliate of a declarant, the transferor is jointly and severally liable with the successor for any obligations or liabilities of the successor relating to the condominium hotel. (c) If a transferor retains any special declarant's rights, but transfers other special declarant's rights to a successor who is not an affiliate of the declarant, the transferor is liable for any obligations or liabilities imposed on a declarant by this chapter or by the declaration relating to the retained special declarant's rights and arising after the transfer. (d) A transferor has no liability for any act or omission or any breach of a contractual obligation or warranty arising from the exercise of a special declarant's right by a successor declarant who is not an affiliate of the transferor.

3. Unless otherwise provided in a mortgage, deed of trust or other agreement creating a security interest, in case of foreclosure of a security interest, sale by a trustee under an agreement creating a security interest, tax sale, judicial sale or sale under the Bankruptcy Code or a receivership, of any units owned by a declarant or real estate in a condominium hotel subject to developmental rights, a person acquiring title to all the property being foreclosed or sold, but only upon the person’s request, succeeds to all special declarant's rights related to that property held by that declarant, or only to any rights reserved in the declaration pursuant to this chapter and held by that declarant to maintain models, offices for sales and signs. The judgment or instrument conveying title must provide for transfer of only the special declarant's rights requested.

4. Upon foreclosure of a security interest, sale by a trustee under an agreement creating a security interest, tax sale, judicial sale or sale under the Bankruptcy Code or a receivership of all interests in a condominium hotel owned by a declarant: (a) The declarant ceases to have any special declarant's rights; and (b) The period of declarant's control terminates unless the judgment or instrument conveying title provides for transfer of all special declarant's rights held by that declarant to a successor declarant.
Nev. Rev. Stat. § 120A.720 — NV Code / Title 10 / Chapter 120A / Section 120A.720
Interstate agreements and cooperation; joint and reciprocal actions with other states
Status: in_force

1. The Administrator may enter into an agreement with another state to exchange information relating to abandoned property or its possible existence. The agreement may permit the other state, or another person acting on behalf of a state, to examine records as authorized in NRS 120A.690 . The Administrator by regulation may require the reporting of information needed to enable compliance with an agreement made under this section and prescribe the form.

2. The Administrator may join with another state to seek enforcement of this chapter against any person who is or may be holding property reportable under this chapter.

3. At the request of another state, the Attorney General of this State may maintain an action on behalf of the other state to enforce, in this State, the unclaimed property laws of the other state against a holder of property subject to escheat or a claim of abandonment by the other state, if the other state has agreed to pay expenses incurred by the Attorney General in maintaining the action.

4. The Administrator may request that the attorney general of another state or another attorney commence an action in the other state on behalf of the Administrator. With the approval of the Attorney General of this State, the Administrator may retain any other attorney to commence an action in this State on behalf of the Administrator. This State shall pay all expenses, including attorney's fees, in maintaining an action under this subsection. With the Administrator's approval, the expenses and attorney's fees may be paid from money received under this chapter. The Administrator may agree to pay expenses and attorney's fees based in whole or in part on a percentage of the value of any property recovered in the action. Any expenses or attorney's fees paid under this subsection may not be deducted from the amount that is subject to the claim by the owner under this chapter.
Nev. Rev. Stat. § 116B.700 — NV Code / Title 10 / Chapter 116B / Section 116B.700
Prohibition against certain personnel contracting with association or accepting commission, personal profit or compensation from association; exceptions
Status: in_force

1. Except as otherwise provided in this section, a member of an executive board, an officer of an association or a community manager shall not: (a) Enter into a contract or renew a contract with the association to provide goods or services to the association; or (b) Otherwise accept any commission, personal profit or compensation of any kind from the association for providing goods or services to the association.

2. The provisions of this section do not prohibit a declarant, an affiliate of a declarant or an officer, employee or agent of a declarant or an affiliate of a declarant from: (a) Receiving any commission, personal profit or compensation from the association, the declarant or an affiliate of the declarant for any goods or services furnished to the association; (b) Entering into contracts with the association, the declarant or affiliate of the declarant; or (c) Serving as a member of the executive board or as an officer of the association.
Nev. Rev. Stat. § 116.2102 — NV Code / Title 10 / Chapter 116 / Section 116.2102
Unit boundaries
Status: in_force

Except as otherwise provided by the declaration:

1. If walls, floors or ceilings are designated as boundaries of a unit, all lath, furring, wallboard, plasterboard, plaster, paneling, tiles, wallpaper, paint, finished flooring and any other materials constituting any part of the finished surfaces thereof are a part of the unit, and all other portions of the walls, floors or ceilings are a part of the common elements.

2. If any chute, flue, duct, wire, conduit, bearing wall, bearing column or any other fixture lies partially within and partially outside the designated boundaries of a unit, any portion thereof serving only that unit is a limited common element allocated solely to that unit, and any portion thereof serving more than one unit or any portion of the common elements is a part of the common elements.

3. Subject to subsection 2, all spaces, interior partitions and other fixtures and improvements within the boundaries of a unit are a part of the unit.

4. Any shutters, awnings, window boxes, doorsteps, stoops, porches, balconies, pads and mounts for heating and air-conditioning systems, patios and all exterior doors and windows or other fixtures designed to serve a single unit, but located outside the unit's boundaries, are limited common elements allocated exclusively to that unit.
Nev. Rev. Stat. § 111.737 — NV Code / Title 10 / Chapter 111 / Section 111.737
“State” defined
Status: in_force

“ State ” includes any state of the United States, the District of Columbia, the Commonwealth of Puerto Rico and any territory or possession subject to the jurisdiction of the United States.
Nev. Rev. Stat. § 116.2115 — NV Code / Title 10 / Chapter 116 / Section 116.2115
Use for purposes of sales
Status: in_force

A declarant may maintain offices for sales and management, and models in units or on common elements in the common-interest community only if the declaration so provides. Subject to any limitations in the declaration, a declarant may maintain signs on the common elements advertising the common-interest community. This section is subject to the provisions of other state law and to local ordinances.
Nev. Rev. Stat. § 116.31162 — NV Code / Title 10 / Chapter 116 / Section 116.31162
Foreclosure of liens: Mailing or delivery of notice of delinquent assessment; recording of notice of default and election to sell; period during which unit's owner may pay lien to avoid foreclosure; limitations on type of lien that may be foreclosed
Status: in_force

1. Except as otherwise provided in subsection 5, 6 or 7, in a condominium, in a planned community, in a cooperative where the owner's interest in a unit is real estate under NRS 116.1105 , or in a cooperative where the owner's interest in a unit is personal property under NRS 116.1105 and the declaration provides that a lien may be foreclosed under NRS 116.31162 to 116.31168 , inclusive, the association may foreclose its lien by sale after all of the following occur: (a) The association has mailed by certified or registered mail, return receipt requested, to the unit's owner or his or her successor in interest, at his or her address, if known, and at the address of the unit or, if authorized by the parties, delivered by electronic transmission, a notice of delinquent assessment which states the amount of the assessments and other sums which are due in accordance with subsection 1 of NRS 116.3116 , a description of the unit against which the lien is imposed and the name of the record owner of the unit. (b) Not less than 30 days after mailing or delivering by electronic transmission the notice of delinquent assessment pursuant to paragraph (a), the association or other person conducting the sale has executed and caused to be recorded, with the county recorder of the county in which the common-interest community or any part of it is situated, a notice of default and election to sell the unit to satisfy the lien which must contain the same information as the notice of delinquent assessment and which must also comply with the following: (1) Describe the deficiency in payment. (2) State the total amount of the deficiency in payment, with a separate statement of: (I) The amount of the association's lien that is prior to the first security interest on the unit pursuant to subsection 3 of NRS 116.3116 as of the date of the notice; (II) The amount of the lien described in sub-subparagraph (I) that is attributable to assessments based on the periodic budget adopted by the association pursuant to NRS 116.3115 as of the date of the notice; (III) The amount of the lien described in sub-subparagraph (I) that is attributable to amounts described in NRS 116.310312 as of the date of the notice; and (IV) The amount of the lien described in sub-subparagraph (I) that is attributable to the costs of enforcing the association's lien as of the date of the notice. (3) State that: (I) If the holder of the first security interest on the unit does not satisfy the amount of the association's lien that is prior to that first security interest pursuant to subsection 3 of NRS 116.3116 , the association may foreclose its lien by sale and that the sale may extinguish the first security interest as to the unit; and (II) If, not later than 5 days before the date of the sale, the holder of the first security interest on the unit satisfies the amount of the association's lien that is prior to that first security interest pursuant to subsection 3 of NRS 116.3116 and, not later than 2 days before the date of the sale, a record of such satisfaction is recorded in the office of the recorder of the county in which the unit is located, the association may foreclose its lien by sale but the sale may not extinguish the first security interest as to the unit. (4) State the name and address of the person authorized by the association to enforce the lien by sale. (5) Contain, in 14-point bold type, the following warning: WARNING! IF YOU FAIL TO PAY THE AMOUNT SPECIFIED IN THIS NOTICE, YOU COULD LOSE YOUR HOME, EVEN IF THE AMOUNT IS IN DISPUTE! (c) The unit's owner or his or her successor in interest has failed to pay the amount of the lien, including costs, fees and expenses incident to its enforcement, for 90 days following the recording of the notice of default and election to sell. (d) The unit's owner or his or her successor in interest, or the holder of a recorded security interest on the unit, has, for a period which commences in the manner and subject to the requirements described in subsection 3 and which expires 5 days before the date of sale, failed to pay the assessments and other sums that are due to the association in accordance with subsection 1 of NRS 116.3116 . (e) The association or other person conducting the sale has executed and caused to be recorded, with the county recorder of the county in which the common-interest community or any part of it is situated, an affidavit which states, based on the direct, personal knowledge of the affiant, the personal knowledge which the affiant acquired by a review of a trustee sale guarantee or a similar product or the personal knowledge which the affiant acquired by a review of the business records of the association or other person conducting the sale, which business records must meet the standards set forth in NRS 51.135 , the following: (1) The name of each holder of a security interest on the unit to which the notice of default and election to sell and the notice of sale was mailed, as required by subsection 2 of NRS 116.31163 and paragraph (d) of subsection 1 of NRS 116.311635 ; and (2) The address at which the notices were mailed to each such holder of a security interest.

2. The notice of default and election to sell must be signed by the person designated in the declaration or by the association for that purpose or, if no one is designated, by the president of the association.

3. The period of 90 days described in paragraph (c) of subsection 1 begins on the first day following: (a) The date on which the notice of default and election to sell is recorded; or (b) The date on which a copy of the notice of default and election to sell is mailed by certified or registered mail, return receipt requested or delivered by electronic transmission, as applicable, to the unit's owner or his or her successor in interest at his or her address, if known, and at the address of the unit, whichever date occurs later.

4. An association may not mail or deliver by electronic transmission to a unit's owner or his or her successor in interest a letter of its intent to mail or deliver by electronic transmission a notice of delinquent assessment pursuant to paragraph (a) of subsection 1, mail or deliver by electronic transmission the notice of delinquent assessment or take any other action to collect a past due obligation from a unit's owner or his or her successor in interest unless the association has complied with the provisions of subsections 4 and 5 of NRS 116.311625 and subsections 4 and 5 of NRS 116.311627 and: (a) Not earlier than 60 days after the obligation becomes past due, the association mails to the address on file for the unit's owner or, if authorized by the parties, delivers by electronic transmission: (1) A schedule of the fees that may be charged if the unit's owner fails to pay the past due obligation; (2) A proposed repayment plan; and (3) A notice of the right to contest the past due obligation at a hearing before the executive board and the procedures for requesting such a hearing; and (b) Within 30 days after the date on which the information described in paragraph (a) is mailed or delivered by electronic transmission, as applicable, the past due obligation has not been paid in full or the unit's owner or his or her successor in interest has not entered into a repayment plan or requested a hearing before the executive board. If the unit's owner or his or her successor in interest requests a hearing or enters into a repayment plan within 30 days after the date on which the information described in paragraph (a) is mailed or delivered by electronic transmission, as applicable, and is unsuccessful at the hearing or fails to make a payment under the repayment plan within 10 days after the due date, the association may take any lawful action pursuant to subsection 1 to enforce its lien.

5. The association may not foreclose a lien by sale if the association has not mailed a copy of the notice of default and election to sell and a copy of the notice of sale to each holder of a security interest on the unit in the manner and subject to the requirements set forth in subsection 2 of NRS 116.31163 and paragraph (d) of subsection 1 of NRS 116.311635 .

6. The association may not foreclose a lien by sale based on a fine or penalty for a violation of the governing documents of the association unless: (a) The violation poses an imminent threat of causing a substantial adverse effect on the health, safety or welfare of the units' owners or residents of the common-interest community; or (b) The penalty is imposed for failure to adhere to a schedule required pursuant to NRS 116.310305 .

7. The association may not foreclose a lien by sale if the association has received notice pursuant to NRS 107.086 that the unit is subject to foreclosure mediation pursuant to that section, unless: (a) The trustee of record has recorded the certificate provided to the trustee pursuant to subparagraph (1) or (2) of paragraph (e) of subsection 2 of NRS 107.086 ; or (b) The unit's owner has failed to pay to the association any amounts enforceable as assessments pursuant to subsection 1 of NRS 116.3116 that become due during the pendency of foreclosure mediation pursuant to NRS 107.086 , other than past due obligations as described in subsection 11 of NRS 107.086 .
Nev. Rev. Stat. § 119A.590 — NV Code / Title 10 / Chapter 119A / Section 119A.590
Information to be furnished to purchasers by developer
Status: in_force

1. A developer who offers a program for the exchange of occupancy rights among owners or with the owners of time shares in other time-share plans, or both, shall give to the purchaser the following information: (a) The name and address of the company offering the program. (b) The names of the officers, directors and shareholders owning at least 5 percent of the outstanding stock of that company. (c) A statement indicating whether the company or any of its officers or directors has any legal or beneficial interest in any interest of the developer or managing agent in any time-share plan included in the program and, if so, the name, location and nature of the interest. (d) A statement that the purchaser's contract with the company is a contract separate and distinct from the contract to purchase the time share, unless the company and the developer or an affiliate of the developer are the same. (e) A statement indicating whether the purchaser's participation in the program is dependent upon the continued inclusion of the time-share plan in the program. (f) A statement indicating whether the purchaser's membership or participation in the program is voluntary or mandatory. (g) A complete and accurate description of: (1) The terms and conditions of the purchaser's contractual relationship with the company and the procedure by which changes thereto may be made. (2) The procedure to qualify for and make exchanges. (3) All limitations, restrictions or priorities of the program, including, but not limited to, limitations on exchanges based on the seasons of the year, the size of units or levels of occupancy, printed in boldface type, and, if such limitations, restrictions or priorities are not uniformly applied by the program, a clear description of the manner in which they are applied. (h) A statement indicating whether exchanges are arranged on the basis of available space and whether there are any guarantees of fulfilling specific requests for exchanges. (i) A statement indicating whether and under what circumstances an owner, in dealing with the company, may lose the right to use and occupy a unit in any properly applied for exchange without being provided with substitute accommodations by the company. (j) The fees to be paid by owners in the program, including a statement indicating whether any fees may be changed by the company and, if so, the circumstances under which those changes may be made. (k) The name and address of the site of each project included in the program. (l) The number of units in each time-share plan included in the program which are available for occupancy, expressed in numerical groupings of from 1 to 5, 6 to 10, 11 to 20, 21 to 50 and over 50. (m) The number of owners with respect to each time-share plan or other property who are eligible to participate in the program, expressed in numerical groupings of from 1 to 100, 101 to 249, 250 to 499, 500 to 999 and at least 1,000, and a statement of the criteria used to determine those owners who are eligible to participate in the program. (n) The disposition made by the company of time shares deposited with the program by owners who are eligible to participate in the program and not used by the company in effecting exchanges. (o) An annual report completed on or before July 1 of the succeeding year which must be independently certified by a certified public accountant or accounting firm in accordance with the standards of the Accounting Standards Board of the American Institute of Certified Public Accountants, as those standards exist on May 19, 1983. The report must include: (1) The number of owners who are enrolled to participate in the program, including an indication of whether the relationship between the company and the owners is based on the payment of a fee or is gratuitous. (2) The number of time-share plans included in the program, categorized by those plans which are the subject of a contract between the developer or the association and the company and those plans which are the subject of a contract between the company and owners directly. (3) The number of time shares for which the company has an outstanding obligation to provide an exchange to an owner who relinquished a time share during the year in exchange for a time share in any future year. (4) The number of exchanges confirmed by the company during the year.

2. The information required by subsection 1 must be delivered to the purchaser before the execution of any contract between the purchaser and the company or the contract to purchase the time share.

3. Upon receipt of the information, the purchaser shall certify in writing that the purchaser has received the information from the developer.

4. Except as otherwise provided in this subsection, the information required by subsection 1 must be periodically revised to reflect any material changes in that information. The information required by paragraphs (b), (c), (k), (l), (m) and (o) of subsection 1 must be consistent with the latest audited statement of the company which is prepared not more than 18 months before the information is delivered.
Nev. Rev. Stat. § 119.165 — NV Code / Title 10 / Chapter 119 / Section 119.165
Renewal of permit; creation and maintenance of website; fees
Status: in_force

1. A developer's permit must be renewed annually by the developer by filing an application with and paying the fee for renewal to the Administrator. The application must be filed and the fee paid not later than 30 days before the date on which the permit expires. The application must include any change that has occurred in the information previously provided to the Administrator or in a property report provided to a prospective purchaser pursuant to the provisions of NRS 119.182 .

2. The renewal is effective on the 30th day after the filing of the application unless the Administrator: (a) Denies the renewal pursuant to NRS 119.325 or for any other reason; or (b) Approves the renewal on an earlier date.

3. The Division may: (a) Create and maintain a secure website on the Internet through which each developer's permit issued pursuant to the provisions of this chapter may be renewed; and (b) For each developer's permit renewed through the use of a website created and maintained pursuant to paragraph (a), charge a fee in addition to any other fee provided for pursuant to this chapter which must not exceed the actual cost to the Division for providing that service.
Nev. Rev. Stat. § 118A.260 — NV Code / Title 10 / Chapter 118A / Section 118A.260
Disclosure of names and addresses of managers and owners; emergency telephone number; service of process
Status: in_force

1. The landlord, or any person authorized to enter into a rental agreement on his or her behalf, shall disclose to the tenant in writing at or before the commencement of the tenancy: (a) The name and address of: (1) The persons authorized to manage the premises; (2) A person within this State authorized to act for and on behalf of the landlord for the purpose of service of process and receiving notices and demands; and (3) The principal or corporate owner. (b) A telephone number at which a responsible person who resides in the county or within 60 miles of where the premises are located may be called in case of emergency.

2. The information required to be furnished by this section must be kept current, and this section is enforceable against any successor landlord or manager of the premises.

3. A party who enters into a rental agreement on behalf of the landlord and fails to comply with this section is an agent of the landlord for purposes of: (a) Service of process and receiving notices and demands; and (b) Performing the obligations of the landlord under law and under the rental agreement.

4. In any action against a landlord which involves his or her rental property, service of process upon the manager of the property or a person described in paragraph (a) of subsection 1 shall be deemed to be service upon the landlord. The obligations of the landlord devolve upon the persons authorized to enter into a rental agreement on his or her behalf.

5. This section does not limit or remove the liability of an undisclosed landlord.
Nev. Rev. Stat. § 116.745 — NV Code / Title 10 / Chapter 116 / Section 116.745
“Violation” defined
Status: in_force

As used in NRS 116.745 to 116.795 , inclusive, unless the context otherwise requires, “ violation ” means a violation of:

1. Any provision of this chapter except NRS 116.31184 ;

2. Any regulation adopted pursuant to this chapter; or

3. Any order of the Commission or a hearing panel.
Nev. Rev. Stat. § 119.170 — NV Code / Title 10 / Chapter 119 / Section 119.170
Sales: Reference to Division or employees prohibited
Status: in_force

No person, broker, salesperson or registered representative shall in any manner refer to the Division or to any member or employee thereof in offering or selling in this state any subdivision lot, parcel or unit in a subdivision nor make any representation whatsoever that such property has been inspected or approved or otherwise passed upon by the Division or any official, department or employee of this state.
Nev. Rev. Stat. § 116.4117 — NV Code / Title 10 / Chapter 116 / Section 116.4117
Effect of violations on rights of action; civil action for damages for failure or refusal to comply with provisions of chapter or governing documents; members of executive board not personally liable to victims of crimes; circumstances under which punitive damages may be awarded; attorney’s fees
Status: in_force

1. Subject to the requirements set forth in subsection 2, if a declarant, community manager or any other person subject to this chapter fails to comply with any of its provisions or any provision of the declaration or bylaws, any person or class of persons suffering actual damages from the failure to comply may bring a civil action for damages or other appropriate relief.

2. Subject to the requirements set forth in NRS 38.310 and except as otherwise provided in NRS 116.3111 , a civil action for damages or other appropriate relief for a failure or refusal to comply with any provision of this chapter or the governing documents of an association may be brought: (a) By the association against: (1) A declarant; (2) A community manager; or (3) A unit's owner. (b) By a unit's owner against: (1) The association; (2) A declarant; or (3) Another unit's owner of the association. (c) By a class of units' owners constituting at least 10 percent of the total number of voting members of the association against a community manager.

3. Members of the executive board are not personally liable to the victims of crimes occurring on the property.

4. Except as otherwise provided in subsection 5, punitive damages may be awarded for a willful and material failure to comply with any provision of this chapter if the failure is established by clear and convincing evidence.

5. Punitive damages may not be awarded against: (a) The association; (b) The members of the executive board for acts or omissions that occur in their official capacity as members of the executive board; or (c) The officers of the association for acts or omissions that occur in their capacity as officers of the association.

6. The court may award reasonable attorney's fees to the prevailing party.

7. The civil remedy provided by this section is in addition to, and not exclusive of, any other available remedy or penalty.

8. The provisions of this section do not prohibit the Commission from taking any disciplinary action against a member of an executive board pursuant to NRS 116.745 to 116.795 , inclusive.
Nev. Rev. Stat. § 112.140 — NV Code / Title 10 / Chapter 112 / Section 112.140
Short title
Status: in_force

This chapter may be cited as the Uniform Fraudulent Transfer Act.
Nev. Rev. Stat. § 120.250 — NV Code / Title 10 / Chapter 120 / Section 120.250
Disclaimer of interest by trustee
Status: in_force

If a trustee disclaims an interest in property that otherwise would have become trust property, the interest does not become trust property.
Nev. Rev. Stat. § 116B.620 — NV Code / Title 10 / Chapter 116B / Section 116B.620
Fees imposed on associations to pay for costs of administering Office of Ombudsman and Commission; administrative penalties for failure to pay; interest on unpaid fees
Status: in_force

1. Except as otherwise provided in subsection 2, an association shall: (a) If the association is required to pay the fee imposed by NRS 78.150 , 82.193 , 86.263 , 87.541 , 87A.560 or 88.591 , pay to the Administrator a fee established by regulation of the Administrator for every unit in the association used for residential use. (b) If the association is organized as a trust or partnership, or as any other authorized business entity, pay to the Administrator a fee established by regulation of the Administrator for each unit in the association.

2. The fees required to be paid pursuant to this section must be: (a) Paid at such times as are established by the Division. (b) Deposited with the State Treasurer for credit to the Account for Common-Interest Communities and Condominium Hotels created by NRS 116.630 . (c) Established on the basis of the actual costs of administering the Office of the Ombudsman and the Commission and not on a basis which includes any subsidy beyond those actual costs. In no event may the fees required to be paid pursuant to this section exceed $3 per unit.

3. The Division shall impose an administrative penalty against an association that violates the provisions of this section by failing to pay the fees owed by the association within the times established by the Division. The administrative penalty that is imposed for each violation must equal 10 percent of the amount of the fees owed by the association or $500, whichever amount is less. The amount of the unpaid fees owed by the association bears interest at the rate set forth in NRS 99.040 from the date the fees are due until the date the fees are paid in full.

4. Upon the payment of the fees and any administrative penalties and interest required by this section, the Administrator shall provide to the association evidence that it paid the fees and the administrative penalties and interest in compliance with this section.
Nev. Rev. Stat. § 119.105 — NV Code / Title 10 / Chapter 119 / Section 119.105
“Statement of record” defined
Status: in_force

“Statement of record” means the information submitted to the Administrator by the developer in its application for a permit to offer to sell or sell an interest in a subdivision.
Nev. Rev. Stat. § 116.350 — NV Code / Title 10 / Chapter 116 / Section 116.350
Limitations regarding regulation of certain roads, streets, alleys or other thoroughfares; permissible regulation of parking or storage of certain vehicles
Status: in_force

1. In a common-interest community which is not gated or enclosed and the access to which is not restricted or controlled by a person or device, the executive board shall not and the governing documents must not provide for the regulation of any road, street, alley or other thoroughfare the right-of-way of which is accepted by the State or a local government for dedication as a road, street, alley or other thoroughfare for public use.

2. Except as otherwise provided in subsection 3, the provisions of subsection 1 do not preclude an association from adopting, and do not preclude the governing documents of an association from setting forth, rules that reasonably restrict the parking or storage of recreational vehicles, watercraft, trailers or commercial vehicles in the common-interest community to the extent authorized by law. The governing documents of an association may authorize the executive board of the association to impose a fine pursuant to NRS 116.31031 for any violation of the rules authorized pursuant to this subsection.

3. In any common-interest community, the executive board shall not and the governing documents must not prohibit a person from: (a) Parking a utility service vehicle that has a gross vehicle weight rating of 20,000 pounds or less: (1) In an area designated for parking for visitors, in a designated parking area or common parking area, or on the driveway of the unit of a subscriber or consumer, while the person is engaged in any activity relating to the delivery of public utility services to subscribers or consumers; or (2) In an area designated for parking for visitors, in a designated parking area or common parking area, or on the driveway of his or her unit, if the person is: (I) A unit's owner or a tenant of a unit's owner; and (II) Bringing the vehicle to his or her unit pursuant to his or her employment with the entity which owns the vehicle for the purpose of responding to emergency requests for public utility services; or (b) Parking a law enforcement vehicle or emergency services vehicle: (1) In an area designated for parking for visitors, in a designated parking area or common parking area, or on the driveway of the unit of a person to whom law enforcement or emergency services are being provided, while the person is engaged in his or her official duties; or (2) In an area designated for parking for visitors, in a designated parking area or common parking area, or on the driveway of his or her unit, if the person is: (I) A unit's owner or a tenant of a unit's owner; and (II) Bringing the vehicle to his or her unit pursuant to his or her employment with the entity which owns the vehicle for the purpose of responding to requests for law enforcement services or emergency services.

4. An association may require that a person parking a utility service vehicle, law enforcement vehicle or emergency services vehicle as set forth in subsection 3 provide written confirmation from his or her employer that the person is qualified to park his or her vehicle in the manner set forth in subsection 3.

5. As used in this section: (a) “ Emergency services vehicle ” means a vehicle: (1) Owned by any governmental agency or political subdivision of this State; and (2) Identified by the entity which owns the vehicle as a vehicle used to provide emergency services. (b) “ Law enforcement vehicle ” means a vehicle: (1) Owned by any governmental agency or political subdivision of this State; and (2) Identified by the entity which owns the vehicle as a vehicle used to provide law enforcement services. (c) “ Utility service vehicle ” means any motor vehicle: (1) Used in the furtherance of repairing, maintaining or operating any structure or any other physical facility necessary for the delivery of public utility services, including, without limitation, the furnishing of electricity, gas, water, sanitary sewer, telephone, cable or community antenna service; and (2) Except for any emergency use, operated primarily within the service area of a utility's subscribers or consumers, without regard to whether the motor vehicle is owned, leased or rented by the utility.
Nev. Rev. Stat. § 117.110 — NV Code / Title 10 / Chapter 117 / Section 117.110
Construction of local zoning ordinances
Status: in_force

Unless a contrary intent is clearly expressed, local zoning ordinances shall be construed to treat like structures, lots or parcels in like manner regardless of whether the ownership thereof is divided by sale of condominiums or into community apartments rather than by lease of apartments, offices or stores.
Nev. Rev. Stat. § 111.771 — NV Code / Title 10 / Chapter 111 / Section 111.771
Property held in beneficiary form; registration in beneficiary form; transfer-on-death directions
Status: in_force

1. Property may be held in beneficiary form or registered in beneficiary form by including in the name in which the property is held or registered a direction to transfer the property on the death of the owner to a beneficiary designated by the owner.

2. Property is registered in beneficiary form by showing on the account record, security certificate or written instrument evidencing ownership of the property the name of the owner, and the form of ownership by which two or more joint owners hold the property, followed in substance by the words “transfer on death to_______________ (name of beneficiary).” In lieu of the words “transfer on death to,” the words “pay on death to” or “pay on death to the owner's lineal descendants, per stirpes” or the abbreviation “TOD,” “POD” or “LDPS” may be used. The designation of a person's heirs as beneficiaries does not make the property subject to administration as part of the person's estate, but the identities of the beneficiaries must be determined pursuant to chapter 134 of NRS as they relate to the owner's separate property.

3. A transfer-on-death direction may only be placed on an account record, security certificate or instrument evidencing ownership of property by the transferring entity or a person authorized by the transferring entity.

4. A transfer-on-death direction transfers the owner's interest in the property to the designated beneficiary, effective on the death of the owner, if the property is registered in beneficiary form before the death of the owner or if the request to make the transfer-on-death direction is delivered in proper form to the transferring entity before the death of the owner.

5. An account record, security certificate or written instrument evidencing ownership of property that contains a transfer-on-death direction written as part of the name in which the property is held or registered is conclusive evidence in the absence of fraud, duress, undue influence or evidence of clerical mistake by the transferring entity that the direction was regularly made by the owner and accepted by the transferring entity and was not revoked or changed before the death giving rise to the transfer. The transferring entity has no obligation to retain the original writing, if any, by which the owner caused the property to be held in beneficiary form or registered in beneficiary form, more than 6 months after the transferring entity has mailed or delivered to the owner, at the address shown on the registration, an account statement, certificate or instrument that shows the manner in which the property is held in beneficiary form or registered in beneficiary form.
Nev. Rev. Stat. § 120.350 — NV Code / Title 10 / Chapter 120 / Section 120.350
Uniformity of application and construction
Status: in_force

In applying and construing the Uniform Disclaimer of Property Interests Act, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it.
Nev. Rev. Stat. § 111.729 — NV Code / Title 10 / Chapter 111 / Section 111.729
“POD designation” defined
Status: in_force

“ POD designation ” means the designation of:

1. A beneficiary in an account payable on request to one party during the party's lifetime and on the party's death to one or more beneficiaries, or to one or more parties during their lifetimes and on death of all the parties to one or more beneficiaries; or

2. A beneficiary in an account in the name of one or more parties as trustee for one or more beneficiaries if the relationship is established by the terms of the account and there is no subject of the trust other than the sums on deposit in the account, whether or not payment to the beneficiary is mentioned.
Nev. Rev. Stat. § 119B.050 — NV Code / Title 10 / Chapter 119B / Section 119B.050
“Campground” defined
Status: in_force

“Campground” means any real property which has camping sites available for use, occupancy or ownership, unless all the camping sites are open to the general public for a daily or other periodic fee. The term does not include any residential structure affixed to the land.
Nev. Rev. Stat. § 116.025 — NV Code / Title 10 / Chapter 116 / Section 116.025
“Complaint” defined
Status: in_force

“ Complaint ” means a complaint filed by the Administrator pursuant to NRS 116.765 .
Nev. Rev. Stat. § 119A.307 — NV Code / Title 10 / Chapter 119A / Section 119A.307
Filing of public offering statement; form; contents; copies of certain documents to be provided to purchaser; waiver of requirements by Administrator
Status: in_force

1. The developer shall file a public offering statement with the Division for approval for use as prescribed in NRS 119A.300 .

2. The public offering statement must include: (a) The following disclosures in substantially the following form, in at least 12-point bold type: This Public Offering Statement is prepared by the Developer to provide you with basic and relevant information on a specific time-share offering. The Developer or Owner of the offering that is the subject of this Public Offering Statement has provided certain information and documentation to the Real Estate Division of the Department of Business and Industry (the “Division”) as required by law. The statements contained in this Public Offering Statement are only summary in nature. A prospective purchaser should review the purchase contract, all documents governing the time-share plan or provided or available to the purchaser and the sales materials. You should not rely upon oral representations as being correct. Refer to this public offering statement, the purchase contract and the documents governing the time-share plan for correct representations. While the Division makes every effort to confirm the information provided and to ensure that the offering will be developed, managed and operated as planned, there is no guarantee this will always be the case. The Division cannot and does not make any promise or guarantee as to the viability or continuance of the offering or the financial future of the offering or any plan, club or association affiliated therewith. The information included in this Public Offering Statement is applicable as of its effective date. Expenses of operation are difficult to predict accurately and even if accurately estimated initially, most expenses increase with the age of facilities and with increases in the cost of living. The Division strongly suggests that before executing an agreement or contract, you read all of the documentation and information provided to you and seek additional assistance if necessary to assure that you understand all aspects of the offering and are aware of any potential adverse circumstances that could result from a time-share purchase in this Offering. The purchaser of a time share may cancel, by written notice, the contract of sale until midnight of the fifth calendar day following the date of execution of the contract. The right of cancellation may not be waived. Any attempt by the Developer to obtain a waiver results in a contract which is voidable by the purchaser. The notice of cancellation may be delivered personally to the Developer or sent by certified mail, return receipt requested, or by providing notice by express, priority or recognized overnight delivery service, with proof of service, to the business address of the Developer. The Developer must, within 20 days after receipt of the notice of cancellation, return all payments made by the Purchaser. (b) The following disclosures in substantially the following form, in at least 12-point bold type on a separate page in a prominent place, as determined by the Division: A time share is for personal use and is not an investment for a profit or tax advantage. The purchase of a time share should be based upon its value as a vacation experience or for spending leisure time, and not for purposes of acquiring an appreciating investment or with an expectation that the time share may be resold. Resale of your time share may be subject to conditions, including, without limitation, restrictions on the posting of signs, restrictions on the rights of other parties to enter the project unaccompanied, the Developer's first right of refusal or the Developer's continued sale of time-share inventory. Any future purchaser may not receive any ancillary benefits which were not part of the time-share plan that the Developer may have offered at the time of purchase. You should check your contract and the governing documents for any such conditions and also check whether your purchase contract or note or any other obligation will be fully due and payable upon sale of your time share. Real estate agents may not be interested in listing your time share.

3. The public offering statement must include, without limitation, the following information in a form prescribed by the Division: (a) A brief history of the developer's business background, experience in real estate and regulatory history. (b) A description of any judgment against the developer or sales and marketing entity which has a material adverse effect on the developer or the time-share plan. If no such judgment exists, there must be a statement of such fact. (c) The status of any pending proceeding to which the developer or sales and marketing entity is a party and which has a material adverse effect on the developer or the time-share plan. If no such proceedings exist, there must be a statement of such fact. (d) The name and address of the developer, the name of the time-share plan and the address of each component site. (e) A summary of the current annual budget of the project or the time-share plan, including: (1) The projected assessments for each type of unit offered in the time-share plan; and (2) A statement of property taxes assessed against the project and, if not included in the projected assessments, the projected amount of the purchaser's share of responsibility for the property taxes assessed against the project. (f) A detailed description of the type of time-share plan being offered, a description of the type of interest and use rights the purchaser will receive and a description of the total number of time shares in the time-share plan at the time the permit is issued. (g) A description of all restrictions, easements, reservations or zoning requirements which may limit the purchaser's use, sale, lease, transfer or conveyance of the time share. The description must include any restrictions to be imposed on time shares concerning the use of any of the accommodations or facilities, and whether there are restrictions upon children or pets. For the purposes of this paragraph: (1) The description may reference a list of the documents containing the restrictions and state that the copies of the documents are available to the purchaser upon request. (2) If there are any restrictions upon the sale, lease, transfer or conveyance of a time share, the description must include a statement, in at least 12-point bold type, in substantially the following form: The sale, lease, transfer or conveyance of a time share is restricted or controlled. (Immediately following this statement, a description of the nature of the restriction, limitation or control on the sale, lease, transfer or conveyance of the time share must be included.) (3) If there are no restrictions, there must be a statement of that fact. (h) A description of the duration, projected phases and operation of the time-share plan. (i) A representation by the developer ensuring that the time-share plan maintains a one-to-one use night to use right ratio. For the purposes of the ratio calculation in this paragraph, each purchaser must be counted according to the use rights held by that purchaser in any calendar year. For the purposes of this paragraph, “one-to-one use night to use right ratio” has the meaning ascribed to it in NRS 119A.525 . (j) A summary of the organization of the association for the time-share plan, the voting rights of the members, the developer's voting rights in that association, a description of what constitutes a quorum for voting purposes and at what point in the sales program the developer relinquishes his or her control of that association, if applicable, and any other information pertaining to that association which is material to the right of the purchaser to use a time share. (k) A description of the existing or proposed accommodations, including a description of the type and number of time shares in the accommodations which is expressed in periods of 7-day use availability or other time increments applicable to the time-share plan and, if the accommodations are proposed or not yet completed or fully functional, an estimated date of completion. For the purposes of this paragraph, the type of accommodation must be described in terms of the number of bedrooms, bathrooms and sleeping capacity, and a statement of whether the accommodation contains a full kitchen. As used in this paragraph, “ full kitchen ” means a kitchen that includes, at a minimum, a dishwasher, range, sink, oven and refrigerator. (l) A description of any existing or proposed amenities of the time-share plan and, if the amenities are proposed or not yet completed or fully functional, the estimated date of completion, including a description of the extent to which financial assurances have been made for the completion of any incomplete but promised amenities. (m) The name and principal address of the manager, if any, of the project or time-share plan, as applicable, and a description of the procedures, if any, for altering the powers and responsibilities of the manager and for removing or replacing the manager. (n) A description of any liens, defects or encumbrances on or affecting the title to the time share which materially affects the purchaser's use of the units or facilities within the time-share plan. (o) Any special fee due from the purchaser at closing, other than customary closing costs, together with a description of the purpose of the fee. (p) Any current or expected fees or charges to be paid by purchasers for the use of any amenities of the time-share plan. (q) A statement of whether or not the amenities of the time-share plan will be used exclusively by purchasers of time-shares in, or authorized under, the time-share plan and, if the amenities are not to be used exclusively by such purchasers or authorized users, a statement of whether or not the purchasers of time shares in the time-share plan are required to pay any portion of the maintenance expenses of such amenities in addition to any fees for the use of such amenities. (r) A statement indicating that hazard insurance coverage is provided for the project. (s) A description of the purchaser's right to cancel the purchase contract. (t) A statement of whether or not the purchaser's deposit will be held by an escrow agent until the expiration of any right to cancel the contract or, if the purchaser's deposit will not be held by such an escrow agent, a statement that the purchaser's deposit will be immediately released to the developer and that the developer has posted a surety bond. (u) A statement that the deposit plus any interest earned must be returned to the purchaser if he or she elects to exercise his or her right of cancellation. (v) If the time-share plan provides purchasers with the opportunity to participate in an exchange program, the name and address of the exchange company and a description of the method by which a purchaser may choose to participate in the exchange program. (w) A description of the reservation system, if applicable, which must include: (1) The name of the entity responsible for operating the reservation system, its relationship to the developer and the duration of any agreement for operation of the reservation system; and (2) A summary of the rules and regulations governing access to and use of the reservation system, including, without limitation, the existence of and an explanation regarding any priority reservation features that affect a purchaser's ability to make reservations for the use of a given accommodation on a first-come, first-served basis. (x) A description of the points system, if applicable, including, without limitation, whether additional points may be acquired by purchase or otherwise, in the future and the manner in which future purchases of points may be made, and the transferability of points to other persons, other years or other time-share plans. The description must include: (1) A statement that no owner shall be prevented from using a time share as a result of changes in the manner in which point values may be used; (2) A statement that in the event point values are changed or adjusted, no owner shall be prevented from using his or her home resort, if any, in the same manner as was provided for under the original purchase contract; and (3) A description of any limitations or restrictions upon the use of point values. (y) A statement as to whether any unit within the time-share plan is within a mixed-use project containing whole ownership condominiums. (z) A statement that documents filed with the Division as part of the statement of record which are not delivered to the purchaser are available from the developer upon request. (aa) For a time-share plan with more than one component site, a description of each component site. With respect to a component site, the information required by subparagraph (2) and paragraphs (d), (k), (l), (p), (q) and (r) may be disclosed in written, graphic, tabular or any other form approved by the Division. In addition to the information required by paragraphs (a) to (z), inclusive, the description of a time-share plan with more than one component site must include the following information: (1) A general statement as to whether the developer has a right to make additions, substitutions or deletions of any accommodations, amenities or component sites, and a statement of the basis upon which accommodations, amenities or component sites may be added to, substituted for or deleted from the time-share plan. (2) The location of each component site of the time-share plan, the historical occupancy of the units in each component site for the previous 12-month period, if the component site was part of the time-share plan during the previous 12-month time period, or any other description acceptable to the Division that reasonably informs a purchaser regarding the relative use demand per component site, as well as a statement of any periodic adjustment or amendment to the reservation system that may be needed in order to respond to actual use patterns and changes in use demand for the accommodations existing at that time within the time-share plan. (3) The number of accommodations and time shares, expressed in periods of 7-day use availability or other time increments applicable to the time-share plan, committed to the time-share plan, and available for use by purchasers, and a statement describing how adequate periods of time for maintenance and repair will be provided. (bb) Any other information that the developer, with the approval of the Administrator, decides to include in the public offering statement.

4. Copies of the following documents and plans, or proposed documents if the time-share plan has not been declared or created at the time the application for a permit is submitted, to the extent they are applicable, must be provided to the purchaser with the public offering statement: (a) Copies of the time-share instruments. (b) The estimated or, if applicable, actual operating budget of the time-share plan.

5. The public offering statement must include a list of the following documents, if applicable to the time-share plan, and must state that the documents listed are available to the purchaser upon request: (a) Any ground lease or other underlying lease of the real property associated with the time-share plan. (b) The management agreement of the project or time-share plan, as applicable. (c) The floor plan of each type of accommodation and any existing plot plan showing the location of all accommodations and facilities declared as part of the time-share plan and filed with the Division. (d) The lease for any facilities that are part of the time-share plan. (e) Any executed agreement for the escrow of payments made to the developer before closing. (f) Any letter from the escrow agent confirming that the escrow agent and its officers, directors or other partners are independent.

6. The Administrator may, upon finding that the subject matter is otherwise adequately covered or the information is unnecessary or inapplicable, waive any requirement set forth in this section.
Nev. Rev. Stat. § 119.121 — NV Code / Title 10 / Chapter 119 / Section 119.121
Exemptions: Single purchase; small lots; requirements for partial registration
Status: in_force

Unless the method of disposition is adopted to evade the provisions of this chapter or of the provisions of the Interstate Land Sales Full Disclosure Act, 15 U.S.C. §§ 1701 to 1720 , inclusive, if each lot, parcel, interest or unit being offered or disposed of in any subdivision is at least one-sixteenth of a section as described by a survey of the government land office, but not less than 35 acres, or 40 acres in area, including roadways and easements, but not more than 80 acres in size, and the developer:

1. Completes an application in such form and containing such reasonable information as the Division may require;

2. Pays the fees prescribed in this chapter for a permit for partial registration;

3. Requires the purchaser or his or her agent to inspect the land before purchasing it; and

4. Signs an affirmation which states that the purchaser or his or her agent has inspected the land before purchasing it and makes that affirmation a matter of record pursuant to the regulations of the Division, the developer need only comply with the provisions of NRS 119.183 , 119.1835 , 119.184 and 119.230 .
Nev. Rev. Stat. § 118A.347 — NV Code / Title 10 / Chapter 118A / Section 118A.347
Form of affidavit for written notice terminating lease due to domestic violence
Status: in_force

An affidavit submitted by a tenant or cotenant pursuant to subsection 2 of NRS 118A.345 must be in substantially the following form:
Nev. Rev. Stat. § 118.110 — NV Code / Title 10 / Chapter 118 / Section 118.110
Aggrieved person may file complaint
Status: in_force

Any aggrieved person who claims to have been injured by a discriminatory housing practice or who believes that he or she will be injured by such a practice that is about to occur may file a complaint with the Commission in the manner prescribed in NRS 233.160 .
Nev. Rev. Stat. § 116.31135 — NV Code / Title 10 / Chapter 116 / Section 116.31135
Insurance: Repair or replacement of damaged or destroyed portion of community
Status: in_force

1. Any portion of the common-interest community for which insurance is required under NRS 116.3113 which is damaged or destroyed must be repaired or replaced promptly by the association unless: (a) The common-interest community is terminated, in which case NRS 116.2118 , 116.21183 and 116.21185 apply; (b) Repair or replacement would be illegal under any state or local statute or ordinance governing health or safety; or (c) Eighty percent of the units' owners, including every owner of a unit or assigned limited common element that will not be rebuilt, vote not to rebuild.

2. The cost of repair or replacement in excess of insurance proceeds, deductibles and reserves is a common expense. If the entire common-interest community is not repaired or replaced: (a) The insurance proceeds attributable to the damaged common elements must be used to restore the damaged area to a condition compatible with the remainder of the common-interest community; and (b) Except to the extent that other persons will be distributees: (1) The insurance proceeds attributable to units and limited common elements that are not rebuilt must be distributed to the owners of those units and the owners of the units to which those limited common elements were allocated, or to lienholders, as their interests may appear; and (2) The remainder of the proceeds must be distributed to all the units' owners or lienholders, as their interests may appear, as follows: (I) In a condominium, in proportion to the interests of all the units in the common elements; and (II) In a cooperative or planned community, in proportion to the liabilities of all the units for common expenses.

3. If the units' owners vote not to rebuild any unit, that unit's allocated interests are automatically reallocated upon the vote as if the unit had been condemned under subsection 1 of NRS 116.1107 , and the association promptly shall prepare, execute and record an amendment to the declaration reflecting the reallocations.
Nev. Rev. Stat. § 111.679 — NV Code / Title 10 / Chapter 111 / Section 111.679
Capacity to make or revoke
Status: in_force

The capacity required to make or revoke a deed upon death is the same as the capacity required to make a will.
Nev. Rev. Stat. § 113.060 — NV Code / Title 10 / Chapter 113 / Section 113.060
Certain sellers to give notice of rates for water and sewerage services
Status: in_force

1. Any person who is proposing to sell a previously unsold home or improved lot for which water or sewerage services will be provided by a public utility that: (a) Serves or plans to serve more than 25 customers; and (b) Presently serves fewer than 2,000 customers, shall post in a conspicuous place on the property or at his or her sales office if an improved lot is being sold, a notice which states the current rates to be charged for such services or, if the public utility is not presently serving customers, the projected rates to be charged. The notice must also contain the name, address and telephone number of the public utility and the Division of Consumer Complaint Resolution of the Public Utilities Commission of Nevada.

2. Before the home or lot is sold, the seller shall give the purchaser a copy of the notice described in subsection 1.
Nev. Rev. Stat. § 116.31032 — NV Code / Title 10 / Chapter 116 / Section 116.31032
Period of declarant's control of association; representation of units' owners on executive board
Status: in_force

1. Except as otherwise provided in this section, the declaration may provide for a period of declarant's control of the association, during which a declarant, or persons designated by a declarant, may appoint and remove the officers of the association and members of the executive board. A declarant may voluntarily surrender the right to appoint and remove officers and members of the executive board before termination of that period and, in that event, the declarant may require, for the duration of the period of declarant's control, that specified actions of the association or executive board, as described in a recorded instrument executed by the declarant, be approved by the declarant before they become effective. Regardless of the period provided in the declaration, a period of declarant's control terminates no later than the earliest of: (a) For a common-interest community with less than 1,000 units, 60 days after conveyance of 75 percent of the units that may be created to units' owners other than a declarant; (b) For a common-interest community with 1,000 units or more, 60 days after conveyance of 90 percent of the units that may be created to units' owners other than a declarant; (c) If the association exercises powers over a common-interest community pursuant to this chapter and a time-share plan pursuant to chapter 119A of NRS , 120 days after conveyance of 80 percent of the units that may be created to units' owners other than a declarant; (d) Five years after all declarants have ceased to offer units for sale in the ordinary course of business; (e) Five years after any right to add new units was last exercised; or (f) The day the declarant, after giving notice to units' owners, records an instrument voluntarily surrendering all rights to control activities of the association.

2. For a common-interest community with: (a) Less than 1,000 units, not later than 60 days after conveyance of 25 percent of the units that may be created to units' owners other than a declarant, at least one member and not less than 25 percent of the members of the executive board must be elected by units' owners other than the declarant. (b) One thousand units or more, not later than 60 days after conveyance of 15 percent of the units that may be created to units' owners other than a declarant, at least one member and not less than 25 percent of the members of the executive board must be elected by units' owners other than the declarant.

3. Not later than 60 days after conveyance of 50 percent of the units that may be created to units' owners other than a declarant, not less than one-third of the members of the executive board must be elected by units' owners other than the declarant.
Nev. Rev. Stat. § 118B.065 — NV Code / Title 10 / Chapter 118B / Section 118B.065
Landlord to disclose relevant zoning designations before tenant signs initial rental agreement
Status: in_force

Before a tenant signs an initial rental agreement for a manufactured home lot, the landlord shall, by separate written document, disclose to the tenant the zoning designations adopted pursuant to chapter 278 of NRS for the manufactured home lot to be rented and for each parcel of land adjoining the manufactured home park.
Nev. Rev. Stat. § 118B.017 — NV Code / Title 10 / Chapter 118B / Section 118B.017
“Manufactured home park” or “park” defined
Status: in_force

“ Manufactured home park ” or “ park ” means an area or tract of land where two or more manufactured homes or manufactured home lots are rented or held out for rent. The terms do not include an area or tract of land where:

1. More than half of the lots are rented overnight or for less than 3 months for recreational vehicles.

2. Manufactured homes are used occasionally for recreational purposes and not as permanent residences.
Nev. Rev. Stat. § 116B.585 — NV Code / Title 10 / Chapter 116B / Section 116B.585
Audit and review of financial statements
Status: in_force

1. Except as otherwise provided in subsection 2, the executive board shall: (a) If the annual budget of the association is less than $75,000, cause the financial statement of the association to be audited by an independent certified public accountant at least once every 4 fiscal years. (b) If the annual budget of the association is $75,000 or more but less than $150,000, cause the financial statement of the association to be: (1) Audited by an independent certified public accountant at least once every 4 fiscal years; and (2) Reviewed by an independent certified public accountant every fiscal year for which an audit is not conducted. (c) If the annual budget of the association is $150,000 or more, cause the financial statement of the association to be audited by an independent certified public accountant every fiscal year.

2. For any fiscal year for which an audit of the financial statement of the association will not be conducted pursuant to subsection 1, the executive board shall cause the financial statement for that fiscal year to be audited by an independent certified public accountant if, within 180 days before the end of the fiscal year, 15 percent of the total number of voting members of the association submit a written request for such an audit.

3. The Commission shall adopt regulations prescribing the requirements for the auditing or reviewing of financial statements of an association pursuant to this section. Such regulations must include, without limitation: (a) The qualifications necessary for a person to audit or review financial statements of an association; and (b) The standards and format to be followed in auditing or reviewing financial statements of an association.
Nev. Rev. Stat. § 119.200 — NV Code / Title 10 / Chapter 119 / Section 119.200
Participation by officers and employees of Division prohibited
Status: in_force

No officer or employee of the Division or any association, firm or corporation with which an officer or employee is associated shall act as a broker of a subdivision, lot, parcel, unit or interest therein or offer or dispose of a subdivision, lot, parcel, unit or interest therein required to be approved pursuant to NRS 119.140 .
Nev. Rev. Stat. § 116B.735 — NV Code / Title 10 / Chapter 116B / Section 116B.735
Public offering statement: General provisions
Status: in_force

1. Except as otherwise provided in this chapter, a public offering statement must set forth or fully and accurately disclose each of the following: (a) The name and principal address of the declarant, the hotel unit owner and of the condominium hotel. (b) A general description of the condominium hotel, including to the extent possible, the types, number and declarant's schedule of commencement and completion of construction of buildings, and amenities that the declarant anticipates including in the condominium hotel, including the shared components. (c) The estimated number of units in the condominium hotel. (d) Copies of this chapter, the declaration, bylaws, and any rules or regulations of the association or hotel unit owner, but a plat is not required. (e) The financial information required by subsection 2. (f) The projected budget for the shared expenses, either within or as an exhibit to the public offering statement. The budget must include, without limitation: (1) A statement of the amount included in the budget as reserves for repairs, replacement and restoration pursuant to this chapter; (2) The projected monthly shared expenses for each type of unit, including the amount established as reserves pursuant to this chapter; and (3) A description of any other payments, fees and charges that may be charged by the hotel unit owner in order to offset the increased burden placed on the shared components due to use of residential units as transient rentals. (g) After the date of the first conveyance of a residential unit to a purchaser, a current year-to-date statement of the shared expenses charged to the units. (h) A description of any services or subsidies being provided by the declarant or an affiliate of the declarant or the hotel unit owner not reflected in the budget that the declarant provides, or expenses which the declarant pays and which the declarant expects may become at any subsequent time a common expense of the association and the projected common expense assessment attributable to each of those services or expenses for the association and for each type of unit. (i) Any initial or special fee due from the purchaser at closing, including, without limitation, any transfer fees, whether payable to the association, the community manager of the association or any third party, together with a description of the purpose and method of calculating the fee. (j) The terms and significant limitations of any warranties provided by the declarant, including statutory warranties and limitations on the enforcement thereof or on damages. (k) A statement that the purchaser may cancel, by written notice, his or her contract for purchase until midnight of the fifth calendar day following the date of execution of the contract, and the contract must contain a provision to that effect. (l) A statement of any unsatisfied judgment or pending action against the association or the hotel unit owner, and the status of any pending actions material to the condominium hotel of which a declarant has actual knowledge. (m) Any current or expected fees or charges to be paid by residential unit owners for the use of the shared components, the hotel unit or the common elements and other facilities related to the condominium hotel. (n) The information statements required by this chapter. (o) Any restraints on alienation of any portion of the condominium hotel and any restrictions: (1) On the leasing or renting of units; and (2) On the amount for which a unit may be sold or on the amount that may be received by a unit's owner on the sale or condemnation of or casualty loss to the unit or to the condominium hotel, or on termination of the condominium hotel.

2. In addition to the information required pursuant to subsection 1, a statement of the budget's assumptions concerning occupancy and inflation factors must be set forth or fully and accurately disclosed. The statement of budget assumptions must include: (a) A statement of the amount included in the budget as a reserve for repairs, replacement and restoration pursuant to NRS 116B.590 ; (b) A statement of any other reserves; (c) The projected common expense assessment by category of expenditures for the association; and (d) The projected monthly common expense assessment for each type of unit, including the amount established as reserves pursuant to NRS 116B.590 .

3. A declarant is not required to revise a public offering statement more than once each calendar quarter, if the following warning is given prominence in the statement: “THIS PUBLIC OFFERING STATEMENT IS CURRENT AS OF (insert a specified date). RECENT DEVELOPMENTS REGARDING (here refer to particular provisions of NRS 116B.735 and 116B.740 ) MAY NOT BE REFLECTED IN THIS STATEMENT.”
Nev. Rev. Stat. § 116A.110 — NV Code / Title 10 / Chapter 116A / Section 116A.110
“Management of a common-interest community” defined
Status: in_force

“ Management of a common-interest community ” means the physical, administrative or financial maintenance and management of a common-interest community, or the supervision of those activities, for a fee, commission or other valuable consideration.
Nev. Rev. Stat. § 118B.177 — NV Code / Title 10 / Chapter 118B / Section 118B.177
Obligations of landlord before closure of park: Financial liability; notices; restrictions regarding increase in rent; resident impact statement
Status: in_force

1. If a landlord closes a manufactured home park, or if a landlord is forced to close a manufactured home park because of a valid order of a state or local governmental agency or court requiring the closure of the manufactured home park permanently for health or safety reasons, the landlord shall pay the amounts required by subsections 3, 4 and 5.

2. At the time of providing notice of the closure of the park, a landlord shall provide to each tenant: (a) The address and telephone number of the Division; (b) Any list published by the Division setting forth the names of licensed transporters of manufactured homes approved by the Division; and (c) Any list published by the Division setting forth the names of mobile home parks within 150 miles that have reported having vacant spaces.

3. If the tenant chooses to move the manufactured home: (a) The tenant shall, within 75 days after receiving notice of the closure, notify the landlord in writing of the tenant's election to move the manufactured home; and (b) The landlord shall pay to the tenant: (1) The cost of moving each tenant's manufactured home and its appurtenances to a new location in this State or another state within 150 miles from the manufactured home park; or (2) If the new location is more than 150 miles from the manufactured home park, the cost of moving the manufactured home for the first 150 miles, including fees for inspection, any deposits for connecting utilities and the cost of taking down, moving, setting up and leveling the manufactured home and its appurtenances in the new lot or park.

4. If the landlord is unable to move a shed, due to its physical condition, that belongs to a tenant who has elected to have the landlord move his or her manufactured home, the landlord shall pay the tenant $250 as reimbursement for the shed. Each tenant may receive only one payment of $250 even if more than one shed is owned by the tenant.

5. If the tenant chooses not to move the manufactured home, the manufactured home cannot be moved without being structurally damaged or there is no manufactured home park within 150 miles that is willing to accept the manufactured home, the landlord: (a) May remove and dispose of the manufactured home; and (b) Shall pay to the tenant the fair market value of the manufactured home.

6. Written notice of any closure must be served timely on each: (a) Tenant in the manner provided in NRS 40.280 , giving the tenant at least 180 days after the date of the notice before the tenant is required to move his or her manufactured home from the lot. (b) Prospective tenant by: (1) Handing each prospective tenant or his or her agent a copy of the written notice; and (2) Maintaining a copy of the written notice at the entrance of the manufactured home park.

7. For the purposes of this section, the fair market value of a manufactured home must be determined as follows: (a) A dealer licensed pursuant to chapter 489 of NRS who is a certified appraiser and who is selected jointly by the landlord or his or her agent and the tenant shall make the determination. (b) If there are insufficient dealers licensed pursuant to chapter 489 of NRS who are certified appraisers for the purposes of paragraph (a), a person who possesses the qualifications pursuant to the Appraiser Qualifications for Manufactured Homes Classified as Personal Property as set forth in section 8-3 of Valuation Analysis for Single Family One- to Four-Unit Dwellings , HUD Directive Number 4150.2 CHG-1, of the United States Department of Housing and Urban Development, and who is selected jointly by the landlord or his or her agent and the tenant shall make the determination. (c) If there are insufficient persons available for the purposes of paragraphs (a) and (b) or if the landlord or his or her agent and the tenant cannot agree pursuant to paragraphs (a) and (b), the landlord or his or her agent or the tenant may request the Administrator to, and the Administrator shall, appoint a dealer licensed pursuant to chapter 489 of NRS or a certified appraiser who shall make the determination.

8. The landlord shall pay the costs associated with determining the fair market value of a manufactured home and the cost of removing and disposing of a manufactured home pursuant to subsection 5.

9. A landlord shall not increase the rent of a tenant after notice is served on the tenant as required by subsection 6.

10. If a landlord begins the process of closing a manufactured home park, the landlord shall comply with the provisions of NRS 118B.184 concerning the submission of a resident impact statement.

11. As used in this section, “ timely ” means not later than 3 days after the landlord learns of a closure.
Nev. Rev. Stat. § 111.3667 — NV Code / Title 10 / Chapter 111 / Section 111.3667
“Document” defined
Status: in_force

“ Document ” means information that is:

1. Inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form; and

2. Eligible to be recorded in the records maintained by the county recorder.
Nev. Rev. Stat. § 119A.153 — NV Code / Title 10 / Chapter 119A / Section 119A.153
“Time-share resale” defined
Status: in_force

“Time-share resale” means the sale or transfer of a time share that was previously sold to a purchaser.
Nev. Rev. Stat. § 111.765 — NV Code / Title 10 / Chapter 111 / Section 111.765
Property held in beneficiary form: Direct transfer; rights of owner; effective date of transfer
Status: in_force

1. A transferor of property, with or without consideration, may directly transfer the property to a transferee to be held in beneficiary form, as owner of the property.

2. A transferee under an instrument described in subsection 1 of NRS 111.751 is the owner of the property for all purposes and has all the rights to the property otherwise provided by law to owners, including the right to revoke or change the beneficiary designation.

3. A direct transfer of property to a transferee to be held in beneficiary form is effective when the writing perfecting the transfer becomes effective to make the transferee the owner.
Nev. Rev. Stat. § 118B.120 — NV Code / Title 10 / Chapter 118B / Section 118B.120
Maintenance of tenant's lot; removal of unoccupied manufactured home; reimbursement for cost of maintenance
Status: in_force

1. The landlord or his or her agent or employee may: (a) Require that the tenant landscape and maintain the tenant's lot if the landlord advises the tenant in writing of reasonable requirements for the landscaping. (b) If the tenant does not comply with the provisions of paragraph (a), maintain the tenant's lot and charge the tenant a service fee for the actual cost of that maintenance. (c) Require that the manufactured home be removed from the park if it is unoccupied for more than 90 consecutive days and the tenant or dealer is not making good faith and diligent efforts to sell it.

2. The landlord shall maintain, in the manner required for the other tenants, any lot on which is located a manufactured home within the park which has been repossessed, abandoned or held for rent or taxes. The landlord is entitled to reimbursement for the cost of that maintenance from the repossessor or lienholder or from the proceeds of any sale for taxes, as the case may be.

3. Before dismantling a manufactured home that was abandoned, the landlord or manager must: (a) Conduct a title search with the Division to determine the owner of record of the manufactured home. If the owner of record is not found, the landlord or manager may use the records of the county assessor for the county in which the manufactured home is located to determine the owner of the manufactured home. (b) Send a certified letter notifying the owner and any lienholder of the intent of the landlord or manager to dismantle the manufactured home. (c) If the owner does not respond within 30 days after the date of mailing the certified letter, submit to the Division an affidavit of dismantling.

4. The landlord shall trim all the trees located within the park and dispose of the trimmings from those trees absent a written voluntary assumption of that duty by the tenant for trees on the tenant's lot.

5. For the purposes of this section, a manufactured home shall be deemed to be abandoned if: (a) It is located on a lot in a manufactured home park, other than a cooperative park, for which no rent has been paid for at least 60 days; (b) It is unoccupied; and (c) The manager of the manufactured home park reasonably believes it to be abandoned.