Nev. Rev. Stat. § 116B.240 — NV Code / Title 10 / Chapter 116B / Section 116B.240
“Unit’s owner” defined
Status: in_force

“ Unit's owner ” means a declarant or other person who owns a unit, or a lessee of a unit in a leasehold condominium hotel whose lease expires simultaneously with any lease, the expiration or termination of which will remove the unit from the condominium hotel, but does not include a person having an interest in a unit solely as security for an obligation. In a condominium hotel, the declarant is the owner of any unit created by the declaration until that unit is conveyed to another person.
Nev. Rev. Stat. § 118A.060 — NV Code / Title 10 / Chapter 118A / Section 118A.060
“Cause” defined
Status: in_force

A tenancy is terminated with “cause” for:

1. Nonpayment of rent.

2. Nonpayment of utility charges if the landlord customarily pays such charges and submits a separate bill to the tenant.

3. Failure of the tenant to comply with: (a) Basic obligations imposed on the tenant by this chapter; (b) Valid rules or regulations established pursuant to this chapter; or (c) Valid provisions of the rental agreement.

4. Condemnation of the dwelling unit.
Nev. Rev. Stat. § 116B.255 — NV Code / Title 10 / Chapter 116B / Section 116B.255
Eminent domain
Status: in_force

1. If a unit is acquired by eminent domain or part of a unit is acquired by eminent domain leaving the unit's owner with a remnant that may not practically or lawfully be used for any purpose permitted by the declaration, the award must include compensation to the unit's owner for that unit and its allocated interests, whether or not any common elements are acquired. Upon acquisition, unless the decree otherwise provides, that unit's allocated interests are automatically reallocated to the remaining units in proportion to the respective allocated interests of those units before the taking, and the association shall promptly prepare, execute and record an amendment to the declaration reflecting the reallocations.

2. Except as otherwise provided in subsection 1, if part of a hotel unit is acquired by eminent domain, the award must compensate the hotel unit owner for the reduction in value of the hotel unit and its interest in the common elements, whether or not any common elements are acquired. If part of a residential unit is acquired by eminent domain, the award must compensate the residential unit owner for the reduction in value of the residential unit and its interest in the common elements, whether or not any common elements are acquired. Upon acquisition, unless the decree otherwise provides: (a) That unit's allocated interests are reduced in proportion to the reduction in the size of the unit, or on any other basis specified in the declaration; and (b) The portion of the allocated interests divested from the partially acquired unit are automatically reallocated to that unit and to the remaining units in proportion to the respective allocated interests of those units before the taking, with the partially acquired unit participating in the reallocation on the basis of its reduced allocated interests.

3. If part of the common elements is acquired by eminent domain, the portion of the award attributable to the common elements taken must be paid to the association. Unless the declaration provides otherwise, any portion of the award attributable to the acquisition of a limited common element must be equally divided among the owners of the units to which that limited common element was allocated at the time of acquisition.

4. If part of the shared components or hotel unit is acquired by eminent domain, the portion of the award attributable to the shared components or hotel unit taken must be paid to the owner of the hotel unit or the shared components.

5. The judicial decree must be recorded in every county in which any portion of the condominium hotel is located.
Nev. Rev. Stat. § 116.009 — NV Code / Title 10 / Chapter 116 / Section 116.009
“Allocated interests” defined
Status: in_force

“ Allocated interests ” means the following interests allocated to each unit:

1. In a condominium, the undivided interest in the common elements, the liability for common expenses, and votes in the association;

2. In a cooperative, the liability for common expenses, the ownership interest and votes in the association; and

3. In a planned community, the liability for common expenses and votes in the association.
Nev. Rev. Stat. § 116.325 — NV Code / Title 10 / Chapter 116 / Section 116.325
Right of units' owners to exhibit political signs in certain areas; conditions and limitations on exercise of right
Status: in_force

1. The executive board shall not and the governing documents must not prohibit a unit's owner or an occupant of a unit from exhibiting one or more political signs within such physical portion of the common-interest community as that owner or occupant has a right to occupy and use exclusively, subject to the following conditions: (a) All political signs exhibited must not be larger than 24 inches by 36 inches. (b) If the unit is occupied by a tenant, the unit's owner may not exhibit any political sign unless the tenant consents, in writing, to the exhibition of the political sign. (c) All political signs exhibited are subject to any applicable provisions of law governing the posting of political signs. (d) A unit's owner or an occupant of a unit may exhibit as many political signs as desired, but may not exhibit more than one political sign for each candidate, political party or ballot question.

2. The provisions of this section establish the minimum rights of a unit's owner or an occupant of a unit to exhibit political signs. The provisions of this section do not preempt any provisions of the governing documents that provide greater rights and do not require the governing documents or the executive board to impose any restrictions on the exhibition of political signs other than those established by other provisions of law.

3. As used in this section, “ political sign ” means a sign that expresses support for or opposition to a candidate, political party or ballot question in any federal, state or local election or any election of an association.
Nev. Rev. Stat. § 116.2121 — NV Code / Title 10 / Chapter 116 / Section 116.2121
Merger or consolidation of common-interest communities
Status: in_force

1. Any two or more common-interest communities of the same form of ownership, by agreement of the units' owners as provided in subsection 2, may be merged or consolidated into a single common-interest community. In the event of a merger or consolidation, unless the agreement otherwise provides, the resultant common-interest community is the legal successor, for all purposes, of all of the preexisting common-interest communities, and the operations and activities of all associations of the preexisting common-interest communities are merged or consolidated into a single association that holds all powers, rights, obligations, assets and liabilities of all preexisting associations.

2. An agreement of two or more common-interest communities to merge or consolidate pursuant to subsection 1 must be evidenced by an agreement prepared, executed, recorded and certified by the president of the association of each of the preexisting common-interest communities following approval by owners of units to which are allocated the percentage of votes in each common-interest community required to terminate that common-interest community. The agreement must be recorded in every county in which a portion of the common-interest community is located and is not effective until recorded.

3. Every agreement for merger or consolidation must provide for the reallocation of the allocated interests in the new association among the units of the resultant common-interest community either by stating the reallocations or the formulas upon which they are based or by stating the percentage of overall allocated interests of the new common-interest community which are allocated to all of the units comprising each of the preexisting common-interest communities, and providing that the portion of the percentages allocated to each unit formerly constituting a part of the preexisting common-interest community must be equal to the percentages of allocated interests allocated to that unit by the declaration of the preexisting common-interest community.
Nev. Rev. Stat. § 118B.215 — NV Code / Title 10 / Chapter 118B / Section 118B.215
Use of money in Account; eligibility to receive money from Account; regulations
Status: in_force

1. In addition to the requirements set forth in NRS 319.510 , money in the Account may be used to pay necessary administrative costs and to assist eligible persons by supplementing their monthly rent for the manufactured home lot on which their manufactured home is located. Except as otherwise provided in subsection 3, to be eligible for assistance from the Account, a person must: (a) Except as otherwise provided in this subsection, have been a tenant in the same manufactured home park in this State for at least 1 year immediately preceding his or her application for assistance; (b) Be the registered owner of the manufactured home which is subject to the tenancy, as indicated on the certificate of title that is issued by the Division pursuant to NRS 489.541 ; (c) Have a monthly household income, as determined by the Administrator in accordance with subsection 2, which is at or below: (1) The federally designated level signifying poverty or thirty percent of the median family income, as prescribed by the HOME Investment Partnerships Act, 42 U.S.C. §§ 12701 et seq., adjusted for household size, which the United States Department of Housing and Urban Development has established for the area of the State in which the manufactured home is located, whichever is greater; or (2) A maximum monthly household income that the Administrator has established by regulation pursuant to subsection 5; (d) Be a tenant in a manufactured home park that is operated for profit and maintain continuous tenancy in that park during the duration of the supplemental assistance; and (e) Not have assets whose value is more than $12,000, excluding the value of: (1) The manufactured home which is subject to the tenancy; (2) The contents of that manufactured home; and (3) One motor vehicle. A person who has been a tenant of a manufactured home park in this State for at least 1 year, but has not been a tenant of the manufactured home park in which the tenant resides at the time the tenant applies for assistance for at least 1 year, is eligible for assistance from the Account if the tenant moved to the manufactured home park in which the tenant resides at the time of his or her application because the tenant was unable to pay the rent at the manufactured home park from which the tenant moved or because that park was closed.

2. In determining the monthly household income of an applicant pursuant to subsection 1, the Administrator shall exclude from the calculation: (a) The value of any food stamps the applicant received pursuant to the Food Stamp Act of 1977, as amended, 7 U.S.C. §§ 2011 et seq., during the year immediately preceding his or her application for assistance; or (b) If the applicant is receiving coverage pursuant to Medicare Part B, 42 U.S.C. §§ 1395j et seq., the value of the cost of that coverage during the year immediately preceding his or her application for assistance, whichever is greater.

3. The Administrator may waive the requirements for eligibility set forth in subsection 1 upon the written request of an applicant if the applicant demonstrates to the satisfaction of the Administrator that the circumstances of the applicant warrant a waiver as a result of: (a) Illness; (b) Disability; or (c) Extreme financial hardship based upon a significant reduction of income, when considering the applicant's current financial circumstances. An applicant shall include with his or her request for a waiver all medical and financial documents that support his or her request.

4. The Administrator shall adopt regulations establishing: (a) The annual reporting requirements for persons receiving assistance pursuant to this section. The regulations must require that each such person provide the Division with a written acknowledgment of his or her continued eligibility for assistance. (b) The maximum amount of assistance which may be distributed to a person to supplement his or her monthly rent pursuant to this section.

5. The Administrator may adopt regulations establishing a maximum monthly household income for a person to be eligible for assistance from the Account pursuant to subparagraph (2) of paragraph (c) of subsection 1.

6. As used in this section: (a) “ Manufactured home ” includes a travel trailer that is located on a manufactured home lot within a manufactured home park. (b) “ Monthly household income ” means the combined monthly incomes of the occupants of a manufactured home which is subject to the tenancy for which assistance from the Account is requested. (c) “ Travel trailer ” has the meaning ascribed to it in NRS 489.150 .
Nev. Rev. Stat. § 111.695 — NV Code / Title 10 / Chapter 111 / Section 111.695
Form of deed upon death
Status: in_force

A deed upon death must be in substantially the following form:

DEED UPON DEATH

I (We)___________________ (here insert name of owner(s)) hereby convey to___________________ (here insert name of beneficiary or beneficiaries), effective on my (our) death, all right, title and interest in the real property commonly known as___________________, City of___________________, County of___________________, State of Nevada, or located in the County of___________________, State of Nevada, and more particularly described as:

(Legal Description)

Together with all improvements, tenements, hereditaments and appurtenances, including easements and water rights, if any, thereto belonging or appertaining, and any reversions, remainders, rents, issues or profits thereof.

THIS DEED IS REVOCABLE. THIS DEED DOES NOT TRANSFER ANY OWNERSHIP UNTIL THE DEATH OF THE GRANTOR(S). THIS DEED REVOKES ALL PRIOR DEEDS BY THE GRANTOR(S) WHICH CONVEY THE SAME REAL PROPERTY PURSUANT TO NRS 111.655 TO 111.699 , INCLUSIVE, REGARDLESS OF WHETHER THE PRIOR DEEDS FAILED TO CONVEY THE ENTIRE INTEREST OF THE GRANTOR(S) IN THE SAME REAL PROPERTY.

THE UNDERSIGNED HEREBY AFFIRMS THAT THIS DOCUMENT SUBMITTED FOR RECORDING DOES NOT CONTAIN A SOCIAL SECURITY NUMBER.

Subscribed and sworn to on this __________ day of __________, in the year __________, before me, __________ (here insert name of notary public), by __________ (here insert name of principal).

On this __________ day of __________, in the year __________ before me, __________ (here insert name of notary public), personally appeared __________ (here insert name of principal) personally known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to this instrument, and acknowledged that he or she executed it.
Nev. Rev. Stat. § 119B.140 — NV Code / Title 10 / Chapter 119B / Section 119B.140
Application: Signature; cover page; fee; amendment
Status: in_force

1. The application must be signed by the developer, or by an officer or a general partner of the developer or a person holding a power of attorney for that purpose from the developer. If the application is signed pursuant to a power of attorney, a copy must be included with the application.

2. The application must be submitted with the covering page prescribed by the Administrator and accompanied by the required fee.

3. The application must promptly be amended if a material change occurs in the information contained therein.
Nev. Rev. Stat. § 118C.200 — NV Code / Title 10 / Chapter 118C / Section 118C.200
Basic obligations of landlords; right to exclude tenant; remedies of tenant for violation by landlord or landlord’s agent
Status: in_force

1. A landlord or a landlord's agent may not interrupt or cause the interruption of utility service paid for directly to the utility company by a tenant unless the interruption results from construction, bona fide repairs or an emergency.

2. A landlord may not remove: (a) A door, window or attic hatchway cover; (b) A lock, latch, hinge, hinge pin, doorknob or other mechanism connected to a door, window or attic hatchway cover; or (c) Furniture, fixtures or appliances furnished by the landlord, from commercial premises unless the landlord removes the item for a bona fide repair or replacement. If a landlord removes any of the items listed in this subsection for a bona fide repair or replacement, the repair or replacement must be promptly performed.

3. A landlord may not intentionally prevent a tenant from entering the commercial premises except by judicial process unless the exclusion results from: (a) Construction, bona fide repairs or an emergency; (b) Removing the contents of commercial premises abandoned by a tenant; or (c) Changing the door locks of a tenant who is delinquent in paying at least part of the rent if the landlord has provided the tenant with written notice of the delinquency and of the landlord's intent to change the door locks by certified mail, return receipt requested, at least 3 days before changing the door locks.

4. If a landlord or a landlord's agent changes the door lock of commercial premises leased to a tenant who is delinquent in paying rent, the landlord or agent must place a written notice on the front door of the commercial premises stating the name and the address or telephone number of the person or company from which the new key may be obtained. The new key is required to be provided only during the regular business hours of the tenant and only if the tenant pays the delinquent rent.

5. If a landlord or a landlord's agent violates this section, the tenant may: (a) Recover possession of the commercial premises or terminate the lease; and (b) Recover from the landlord an amount equal to the sum of the tenant's actual damages, 1 month's rent or $500, whichever is greater, reasonable attorney's fees and court costs, less any delinquent rents or other sums for which the tenant is liable to the landlord.

6. A lease supersedes this section to the extent of any conflict.
Nev. Rev. Stat. § 112.190 — NV Code / Title 10 / Chapter 112 / Section 112.190
Transfer made or obligation incurred by insolvent
Status: in_force

1. A transfer made or obligation incurred by a debtor is fraudulent as to a creditor whose claim arose before the transfer was made or the obligation was incurred if the debtor made the transfer or incurred the obligation without receiving a reasonably equivalent value in exchange for the transfer or obligation and the debtor was insolvent at that time or the debtor became insolvent as a result of the transfer or obligation.

2. A transfer made by a debtor is fraudulent as to a creditor whose claim arose before the transfer was made if the transfer was made to an insider for an antecedent debt, the debtor was insolvent at that time, and the insider had reasonable cause to believe that the debtor was insolvent.
Nev. Rev. Stat. § 119A.520 — NV Code / Title 10 / Chapter 119A / Section 119A.520
Members of association for time-share plan; incorporation of association; proxies
Status: in_force

1. Each owner is a member of the association for the time-share plan. The association may be incorporated.

2. The state of incorporation may be: (a) This state; (b) The state in which the project is located; or (c) Any state where the developer has obtained a permit to sell time shares under statutes which govern the sale of time shares.

3. The association may adopt and amend bylaws, rules and regulations.

4. Except as otherwise provided in NRS 82.321 , any proxy which is executed by an owner to an association is valid for an indefinite period if the owner may revoke his or her proxy, by written notice to the association, to vote at a particular meeting.
Nev. Rev. Stat. § 119B.180 — NV Code / Title 10 / Chapter 119B / Section 119B.180
Hearing on denial of application; expiration of order of denial
Status: in_force

1. If the Administrator denies an application for a permit, the applicant may, within 30 days, file a written request for a hearing. The Administrator shall set the matter for hearing to be conducted within 90 days after receipt of the applicant's request, unless the applicant requests a postponement of the hearing at least 3 working days before the date set for hearing. If such a request is made by the applicant, the date of the hearing must be agreed upon between the Division and the applicant.

2. If the Administrator fails to: (a) Hold the hearing within 90 days or within the extended time if a postponement is requested; (b) Render his or her decision within 60 days after the hearing; or (c) Notify the applicant in writing, by his or her order, within 15 days after his or her decision was made, the order of denial expires and the Administrator shall issue the permit within 15 days.
Nev. Rev. Stat. § 111.2397 — NV Code / Title 10 / Chapter 111 / Section 111.2397
Prohibition on entering into or recording certain service agreements
Status: in_force

1. A service provider shall not enter into or record a service agreement with an owner of residential property that provides for performance of the service agreement more than 1 year from the date of execution of the service agreement if the service agreement: (a) Purports to run with the land or bind future owners of interests in the residential property; (b) Allows for the assignment of the right to provide service without requiring notice to and agreement of the owner of the residential property; or (c) Purports to create a security interest in the residential property, including, without limitation, a lien or encumbrance.

2. The provisions of this section do not apply to: (a) A home warranty or similar product that covers the cost of maintenance of a major housing system, including, without limitation, a plumbing or electrical system, for a set period of time; (b) An insurance contract; (c) An option to purchase or right of refusal; (d) A maintenance or repair agreement entered into by a homeowners' association in a common-interest community; (e) A mechanic's lien; (f) A mortgage loan or a commitment to make or receive a mortgage loan; (g) A security agreement relating to the sale or rental of personal property or fixtures; (h) Any utility service provided by a public utility, including, without limitation, water, sewer, electrical, telephone or cable; or (i) A declaration created in the formation of a common-interest community or an amendment thereto.

3. A service agreement prohibited pursuant to this section that is recorded on or after June 15, 2023, is void and unenforceable. A county recorder may refuse to record any written instrument that contains a service agreement that is prohibited pursuant to this section. A person who submits a written instrument for recordation to the county recorder that contains such a service agreement is guilty of a misdemeanor.

4. The recording of a service agreement prohibited pursuant to this section does not provide actual or constructive notice to a bona fide purchaser or creditor of residential property.

5. A violation of subsection 1 constitutes a deceptive trade practice for the purposes of NRS 598.0903 to 598.0999 , inclusive. Any person with an interest in a residential property for which a service agreement prohibited pursuant to this section is recorded may bring a civil action in any court of competent jurisdiction for such a violation. If a person brings such an action, the court may award the person: (a) Any equitable relief that the court deems appropriate; (b) Actual damages; and (c) Actual costs and attorney's fees.

6. On or before July 31, 2023, a service provider that has entered into a service agreement on or before June 15, 2023, shall record a notice of service agreement with the county recorder of the county in which the real property that is the subject of the service agreement is located, which must include, without limitation: (a) The title “Notice of Service Agreement” in not less than 14-point boldface type; (b) A legal description of the real property; (c) The amount of the fee provided in the service agreement or the method by which the fee must be calculated; (d) The date or circumstances under which the obligation set forth in the service agreement expires; (e) The name, address and telephone number of the service provider; and (f) If the service provider is: (1) A natural person, the notarized signature of the service provider; or (2) A business entity, the notarized signature of an authorized officer or employee of the business entity.

7. If a service provider fails to record the notice required pursuant to subsection 6 on or before July 31, 2023, the service agreement is hereby declared void and unenforceable and any interest in the real property that is subject to the service agreement may be conveyed free and clear of the service agreement.

8. As used in this section: (a) “ Residential property ” means any land in this State which is primarily used for personal, family or household purposes to which is affixed not less than one nor more than four dwelling units. (b) “ Service agreement ” means a contract under which a person agrees to provide services in connection with the maintenance, purchase or sale of residential property. (c) “ Service provider ” means a person who provides services to another party.
Nev. Rev. Stat. § 118A.315 — NV Code / Title 10 / Chapter 118A / Section 118A.315
Petition by landlord for relief from certain requirements relating to shutdown
Status: in_force

1. If a shutdown continues for a period of 30 days or more, the landlord may petition the court for relief from the requirements prescribed in subsection 4 of NRS 40.251 and subsection 2 of NRS 118A.310 on the basis that the requirements impose an undue hardship on the landlord. In determining whether to grant relief from these requirements, the court may consider, without limitation: (a) The mortgage on the property and the risk of foreclosure; and (b) Any additional financial responsibilities of the landlord, including, without limitation: (1) Child support or alimony; (2) Educational costs which must be paid by the landlord; (3) Motor vehicle payments, student loans, medical bills and payment plans; and (4) Any costs associated with the continued operation of a business of the landlord.

2. If the court grants relief pursuant to subsection 1: (a) The parties may modify the terms of the rental agreement; or (b) The landlord may terminate the rental agreement and commence eviction proceedings in accordance with the provisions of chapter 40 of NRS.
Nev. Rev. Stat. § 116B.120 — NV Code / Title 10 / Chapter 116B / Section 116B.120
“Hotel unit” defined
Status: in_force

“ Hotel unit ” means a physical portion of the condominium hotel initially designated for ownership by the declarant or hotel unit owner.
Nev. Rev. Stat. § 119.130 — NV Code / Title 10 / Chapter 119 / Section 119.130
License: Requirement; appointment of Secretary of State as agent for service of process; procedure for service of process
Status: in_force

1. No subdivision or lot, parcel, unit or interest in any subdivision may in any way be offered or sold in this state by any person until: (a) The person has appointed in writing the Secretary of State to be his or her agent, upon whom all process, in any action or proceeding against the person, may be served, and in this writing the person agrees that any process against him or her which is served on the Secretary of State is of the same legal validity as if served on the person and that the appointment continues in force as long as any liability remains outstanding against the person in this state. The written appointment must be acknowledged before a notary public and must be filed in the Office of the Secretary of State with a fee of $10 for accepting and transmitting any legal process served on the Secretary of State. Copies certified by the Secretary of State are sufficient evidence of the appointment and agreement. (b) The person has received a license under NRS 119.160 .

2. Service of process authorized by paragraph (a) of subsection 1 must be made by filing with the Secretary of State: (a) Two copies of the legal process. The copies must include a specific citation to the provisions of this section. The Secretary of State may refuse to accept such service if the proper citation is not included in each copy. (b) A fee of $10. The Secretary of State shall forthwith forward one copy of the legal process to the licensee, by registered or certified mail prepaid to the licensee.
Nev. Rev. Stat. § 120A.733 — NV Code / Title 10 / Chapter 120A / Section 120A.733
Fraudulent claims; penalty
Status: in_force

Any person who knowingly makes a fraudulent claim from the Administrator on the property of another with the intent to deprive that person of the property shall be punished:

1. Where the value of the property involved is $650 or more, for a category C felony as provided in NRS 193.130 . In addition to any other penalty, the court shall order the person to pay restitution.

2. Where the value of the property is less than $650, for a misdemeanor.
Nev. Rev. Stat. § 116B.080 — NV Code / Title 10 / Chapter 116B / Section 116B.080
“Declaration” defined
Status: in_force

“ Declaration ” means any instrument, however denominated, that creates a condominium hotel, including any amendment to an instrument.
Nev. Rev. Stat. § 120A.113 — NV Code / Title 10 / Chapter 120A / Section 120A.113
‘‘Property’’ defined
Status: in_force

1. “ Property ” means tangible property described in NRS 120A.510 or a fixed and certain interest in intangible property that is held, issued or owed in the course of a holder's business or by a government, governmental subdivision, agency or instrumentality.

2. The term includes, without limitation: (a) All income from or increments to the property. (b) Property that is referred to as or evidenced by: (1) Money, virtual currency or interest, or a payroll card, dividend, check, draft or deposit; (2) A credit balance, customer's overpayment, stored-value card, security deposit, refund, credit memorandum, unpaid wage, unused ticket for which the issuer has an obligation to provide a refund, mineral proceeds or unidentified remittance; (3) A security, except for a security that is subject to a lien, legal hold or restriction evidenced on the records of the holder or imposed by operation of law, if the lien, legal hold or restriction restricts the holder's or owner's ability to receive, transfer, sell or otherwise negotiate the security; (4) A bond, debenture, note or other evidence of indebtedness; (5) Money deposited to redeem a security, make a distribution or pay a dividend; (6) An amount due and payable under the terms of an annuity or insurance policy; and (7) An amount distributable from a trust or custodial fund established under a plan to provide health, welfare, pension, vacation, severance, retirement, death, stock purchase, profit sharing, employee savings, supplemental unemployment insurance or similar benefits.

3. The term does not include: (a) Property held in an ABLE account described in section 529A of the Internal Revenue Code , 26 U.S.C. § 529A ; (b) Game-related digital content; (c) A loyalty card; (d) A plot, niche or crypt intended or constructed for the burial, entombment or inurnment of human remains; or (e) Property held in an endowment care fund established pursuant to NRS 452.050 .
Nev. Rev. Stat. § 119A.058 — NV Code / Title 10 / Chapter 119A / Section 119A.058
“Permanent identifying number” defined
Status: in_force

“Permanent identifying number” means a series of numbers or letters, or any combination thereof, which identifies, for the duration of a time-share plan, one time share in the plan.
Nev. Rev. Stat. § 116.311635 — NV Code / Title 10 / Chapter 116 / Section 116.311635
Foreclosure of liens: Providing notice of time and place of sale; service of notice of sale; contents of notice of sale; proof of service
Status: in_force

1. The association or other person conducting the sale shall also, after the expiration of the 90-day period described in paragraph (c) of subsection 1 of NRS 116.31162 and before selling the unit, give notice of the time and place of the sale by recording the notice of sale and by: (a) Posting a similar notice particularly describing the unit, for 20 days consecutively, in a public place in the county where the unit is situated; (b) Publishing a copy of the notice three times, once each week for 3 consecutive weeks, in a newspaper of general circulation in the county where the unit is situated; (c) Notifying the unit's owner or his or her successor in interest as follows: (1) A copy of the notice of sale must be mailed, on or before the date of first publication or posting, 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 to the address of the unit; and (2) A copy of the notice of sale must be served, on or before the date of first publication or posting, in the manner set forth in subsection 2; and (d) Mailing, on or before the date of first publication or posting, a copy of the notice by certified mail to: (1) Each person entitled to receive a copy of the notice of default and election to sell notice under subsection 1 of NRS 116.31163 ; (2) The holder of a security interest recorded before the mailing of the notice of sale, at the address of the holder that is provided pursuant to NRS 657.110 on the Internet website maintained by the Division of Financial Institutions of the Department of Business and Industry; and (3) The Ombudsman.

2. In addition to the requirements set forth in subsection 1, a copy of the notice of sale must be served: (a) By a person who is 18 years of age or older and who is not a party to or interested in the sale by personally delivering a copy of the notice of sale to an occupant of the unit who is of suitable age; or (b) By posting a copy of the notice of sale in a conspicuous place on the unit.

3. Any copy of the notice of sale required to be served pursuant to this section must include: (a) The amount necessary to satisfy the lien as of the date of the proposed sale; and (b) The following warning in 14-point bold type: WARNING! A SALE OF YOUR PROPERTY IS IMMINENT! UNLESS YOU PAY THE AMOUNT SPECIFIED IN THIS NOTICE BEFORE THE SALE DATE, YOU COULD LOSE YOUR HOME, EVEN IF THE AMOUNT IS IN DISPUTE. YOU MUST ACT BEFORE THE SALE DATE. IF YOU HAVE ANY QUESTIONS, PLEASE CALL (name and telephone number of the contact person for the association). IF YOU NEED ASSISTANCE, PLEASE CALL THE FORECLOSURE SECTION OF THE OMBUDSMAN'S OFFICE, NEVADA REAL ESTATE DIVISION, AT (toll-free telephone number designated by the Division) IMMEDIATELY.

4. Proof of service of any copy of the notice of sale required to be served pursuant to this section must consist of: (a) A certificate of mailing which evidences that the notice was mailed through the United States Postal Service; or (b) An affidavit of service signed by the person who served the notice stating: (1) The time of service, manner of service and location of service; and (2) The name of the person served or, if the notice was not served on a person, a description of the location where the notice was posted on the unit.
Nev. Rev. Stat. § 116B.650 — NV Code / Title 10 / Chapter 116B / Section 116B.650
Foreclosure of liens: Procedure for conducting sale; purchase of unit by association or hotel unit owner; execution and delivery of deed; use of proceeds of sale
Status: in_force

1. The sale must be conducted in the county in which the condominium hotel or part of it is situated, and may be conducted by the association or hotel unit owner, as applicable, its agent or attorney, or a title insurance company or escrow agent licensed to do business in this State, except that the sale may be made at the office of the association or hotel unit owner, as applicable, if the notice of the sale so provided. The association or hotel unit owner, as applicable, may, from time to time, postpone the sale by such advertisement and notice as it considers reasonable or, without further advertisement or notice, by proclamation made to the persons assembled at the time and place previously set and advertised for the sale.

2. On the day of sale originally advertised or to which the sale is postponed, at the time and place specified in the notice or postponement, the person conducting the sale may sell the residential unit at public auction to the highest cash bidder. Unless otherwise provided in the declaration or by agreement, the association or hotel unit owner may purchase the residential unit and hold, lease, mortgage or convey it. The association or hotel unit owner, as applicable, may purchase by a credit bid up to the amount of the unpaid assessments and any permitted costs, fees and expenses incident to the enforcement of its lien.

3. After the sale, the person conducting the sale shall: (a) Make, execute and, after payment is made, deliver to the purchaser, or his or her successor or assign, a deed without warranty which conveys to the grantee all title of the residential unit owner to the unit; (b) Deliver a copy of the deed to the Ombudsman within 30 days after the deed is delivered to the purchaser, or his or her successor or assign; and (c) Apply the proceeds of the sale for the following purposes in the following order: (1) The reasonable expenses of sale; (2) The reasonable expenses of securing possession before sale, holding, maintaining, and preparing the residential unit for sale, including payment of taxes and other governmental charges, premiums on hazard and liability insurance, and, to the extent provided for by the declaration, reasonable attorney's fees and other legal expenses incurred by the association or the hotel unit owner, as applicable; (3) Satisfaction of the association's or hotel unit owner's lien, as applicable; (4) Satisfaction in the order of priority of any subordinate claim of record; and (5) Remittance of any excess to the unit's owner.
Nev. Rev. Stat. § 116.045 — NV Code / Title 10 / Chapter 116 / Section 116.045
“Executive board” defined
Status: in_force

“ Executive board ” means the body, regardless of name, designated in the declaration or bylaws to act on behalf of the association.
Nev. Rev. Stat. § 120.190 — NV Code / Title 10 / Chapter 120 / Section 120.190
‘‘Trust’’ defined
Status: in_force

“Trust” means:

1. An express trust, charitable or noncharitable, with additions thereto, whenever and however created; and

2. A trust created pursuant to a statute, judgment or decree which requires the trust to be administered in the manner of an express trust.
Nev. Rev. Stat. § 116B.560 — NV Code / Title 10 / Chapter 116B / Section 116B.560
Conveyance or encumbrance of common elements
Status: in_force

1. Portions of the common elements of a condominium hotel may be conveyed or subjected to a security interest by the association if persons entitled to cast at least a majority of the votes in the association or any larger percentage otherwise specified in the declaration agree to such action. All owners of units to which any limited common element is allocated must agree in order to convey that limited common element or subject it to a security interest. Proceeds of the sale are an asset of the association.

2. An agreement to convey or subject common elements in a condominium hotel to a security interest must be evidenced by the execution of an agreement, or ratifications thereof, in the same manner as a deed, by the requisite number of units' owners. The agreement must specify a date after which the agreement will be void unless recorded before that date. The agreement and all ratifications thereof must be recorded in every county in which a portion of the condominium hotel is situated, and is effective only upon recordation.

3. The association, on behalf of the units' owners, may contract to convey an interest in the common elements pursuant to subsection 1, but the contract is not enforceable against the association until approved pursuant to subsections 1 and 2. Upon approval, the association has all powers necessary and appropriate to effect the conveyance or encumbrance, including the power to execute deeds or other instruments.

4. Unless made pursuant to this section, any purported conveyance, encumbrance, judicial sale or other voluntary transfer of common elements is void.

5. A conveyance or encumbrance of common elements pursuant to this section does not deprive any unit of its rights of access and support.

6. Unless the declaration otherwise provides, a conveyance or encumbrance of common elements pursuant to this section does not affect the priority or validity of preexisting encumbrances.
Nev. Rev. Stat. § 116A.620 — NV Code / Title 10 / Chapter 116A / Section 116A.620
Management agreement: Contents; requirements; community manager to provide executive board with evidence of insurance; community manager to provide executive board with copy; changes; termination or assignment
Status: in_force

<See notes for changes to this section effective under certain conditions. >

1. Any management agreement must: (a) Be in writing and signed by all parties; (b) Be entered into between the client and the community manager or the employer of the community manager if the community manager is acting on behalf of a corporation, partnership, limited partnership, limited-liability partnership, limited-liability company or other entity; (c) State the term of the management agreement; (d) State the basic consideration for the services to be provided and the payment schedule; (e) Include a complete schedule of all fees, costs, expenses and charges to be imposed by the community manager, whether direct or indirect, including, without limitation: (1) The costs for any new client or start-up costs; (2) The fees for special or nonroutine services, such as the mailing of collection letters, the recording of liens and foreclosing of property; (3) Reimbursable expenses; (4) The fees for the sale or resale of a unit or for setting up the account of a new member; and (5) The portion of fees that are to be retained by the client and the portion to be retained by the community manager; (f) State the identity and the legal status of the contracting parties; (g) State any limitations on the liability of each contracting party; (h) Include a statement of the scope of work of the community manager; (i) State the spending limits of the community manager; (j) Include provisions relating to the grounds and procedures for termination of the community manager; (k) Identify the types and amounts of insurance coverage to be carried by each contracting party, including, without limitation: (1) A requirement that the community manager or his or her employer shall maintain insurance covering liability for errors or omissions, professional liability or a surety bond to compensate for losses actionable pursuant to this chapter in an amount of $1,000,000 or more; (2) An indication of which contracting party will maintain fidelity bond coverage; and (3) A statement as to whether the client will maintain directors and officers liability coverage for the executive board; (l) Include provisions for dispute resolution; (m) Acknowledge that all records and books of the client are the property of the client, except any proprietary information and software belonging to the community manager; (n) State the physical location, including the street address, of the records of the client, which must be within 60 miles from the physical location of the common-interest community; (o) State the frequency and extent of regular inspections of the common-interest community; and (p) State the extent, if any, of the authority of the community manager to sign checks on behalf of the client in an operating account.

2. In addition to any other requirements under this section, a management agreement may: (a) Provide for mandatory binding arbitration; or (b) Allow the provisions of the management agreement to apply month to month following the end of the term of the management agreement, but the management agreement may not contain an automatic renewal provision.

3. Not later than 10 days after the effective date of a management agreement, the community manager shall provide each member of the executive board evidence of the existence of the required insurance, including, without limitation: (a) The names and addresses of all insurance companies; (b) The total amount of coverage; and (c) The amount of any deductible.

4. After signing a management agreement, the community manager shall provide a copy of the management agreement to each member of the executive board. Within 30 days after an election or appointment of a new member to the executive board, the community manager shall provide the new member with a copy of the management agreement.

5. Any changes to a management agreement must be initialed by the contracting parties. If there are any changes after the execution of a management agreement, those changes must be in writing and signed by the contracting parties.

6. Until the regulations adopted by the Commission pursuant to subsection 8 become effective, and except as otherwise provided in the management agreement, upon the termination or assignment of a management agreement, the community manager shall, within 30 days after the termination or assignment, transfer possession of all books, records and other papers of the client to the succeeding community manager, or to the client if there is no succeeding community manager, regardless of any unpaid fees or charges to the community manager or management company.

7. Notwithstanding any provision in a management agreement to the contrary, a management agreement may be terminated by the client without penalty upon 30 days' notice following a violation by the community manager of any provision of this chapter or chapter 116 of NRS .

8. The Commission shall adopt regulations establishing the requirements relating to the transfer of all books, records and other papers of the client upon the termination or assignment of a management agreement.
Nev. Rev. Stat. § 116.12077 — NV Code / Title 10 / Chapter 116 / Section 116.12077
Applicability to planned communities with nonresidential units
Status: in_force

1. The provisions of this chapter do not apply to a planned community in which all units are restricted exclusively to nonresidential use unless the declaration provides that this chapter or a part of this chapter does apply to that planned community pursuant to this section.

2. This chapter applies to a planned community containing both units that are restricted exclusively to nonresidential use and other units that are not so restricted only if the declaration so provides or if the real estate comprising the units that may be used for residential purposes would be a planned community in the absence of the units that may not be used for residential purposes.

3. The declaration for the nonresidential planned community may provide that: (a) This entire chapter applies to the planned community; (b) Only the provisions of NRS 116.001 to 116.2124 , inclusive, and 116.3116 to 116.31168 , inclusive, apply to the planned community; or (c) Only the provisions of NRS 116.3116 to 116.31168 , inclusive, apply to the planned community.

4. If this entire chapter applies to a nonresidential planned community pursuant to subsection 3, the declaration may also require, subject to NRS 116.1112 , that: (a) Notwithstanding NRS 116.3105 , any management, maintenance operations or employment contract, lease of recreational or parking areas or facilities and any other contract or lease between the association and a declarant or an affiliate of a declarant continues in force after the declarant turns over control of the association; and (b) Notwithstanding NRS 116.1104 and subsection 3 of NRS 116.311 , purchasers of units must execute proxies, powers of attorney or similar devices in favor of the declarant regarding particular matters enumerated in those instruments.
Nev. Rev. Stat. § 116.41095 — NV Code / Title 10 / Chapter 116 / Section 116.41095
Required form of information statement
Status: in_force

The information statement required by NRS 116.4103 and 116.4109 must be in substantially the following form:

BEFORE YOU PURCHASE PROPERTY IN A

COMMON-INTEREST COMMUNITY

DID YOU KNOW ․․․

1. YOU GENERALLY HAVE 5 DAYS TO CANCEL THE PURCHASE AGREEMENT? When you enter into a purchase agreement to buy a home or unit in a common-interest community, in most cases you should receive either a public offering statement, if you are the original purchaser of the home or unit, or a resale package, if you are not the original purchaser. The law generally provides for a 5-day period in which you have the right to cancel the purchase agreement. The 5-day period begins on different starting dates, depending on whether you receive a public offering statement or a resale package. Upon receiving a public offering statement or a resale package, you should make sure you are informed of the deadline for exercising your right to cancel. In order to exercise your right to cancel, the law generally requires that you hand deliver the notice of cancellation to the seller within the 5-day period, or mail the notice of cancellation to the seller by prepaid United States mail within the 5-day period. Alternatively, if you are not the original purchaser and received a resale package, you may deliver the notice of cancellation by electronic transmission to the seller within the 5-day period in order to exercise your right to cancel. For more information regarding your right to cancel, see Nevada Revised Statutes 116.4108 , if you received a public offering statement, or Nevada Revised Statutes 116.4109 , if you received a resale package.

2. YOU ARE AGREEING TO RESTRICTIONS ON HOW YOU CAN USE YOUR PROPERTY? These restrictions are contained in a document known as the Declaration of Covenants, Conditions and Restrictions. The CC&Rs become a part of the title to your property. They bind you and every future owner of the property whether or not you have read them or had them explained to you. The CC&Rs, together with other “governing documents” (such as association bylaws and rules and regulations), are intended to preserve the character and value of properties in the community, but may also restrict what you can do to improve or change your property and limit how you use and enjoy your property. By purchasing a property encumbered by CC&Rs, you are agreeing to limitations that could affect your lifestyle and freedom of choice. You should review the CC&Rs, and other governing documents before purchasing to make sure that these limitations and controls are acceptable to you. Certain provisions in the CC&Rs and other governing documents may be superseded by contrary provisions of chapter 116 of the Nevada Revised Statutes . The Nevada Revised Statutes are available at the Internet address http://www.leg.state.nv.us/nrs/ .

3. YOU WILL HAVE TO PAY OWNERS' ASSESSMENTS FOR AS LONG AS YOU OWN YOUR PROPERTY? As an owner in a common-interest community, you are responsible for paying your share of expenses relating to the common elements, such as landscaping, shared amenities and the operation of any homeowners' association. The obligation to pay these assessments binds you and every future owner of the property. Owners' fees are usually assessed by the homeowners' association and due monthly. You have to pay dues whether or not you agree with the way the association is managing the property or spending the assessments. The executive board of the association may have the power to change and increase the amount of the assessment and to levy special assessments against your property to meet extraordinary expenses. In some communities, major components of the common elements of the community such as roofs and private roads must be maintained and replaced by the association. If the association is not well managed or fails to provide adequate funding for reserves to repair, replace and restore common elements, you may be required to pay large, special assessments to accomplish these tasks.

4. IF YOU FAIL TO PAY OWNERS' ASSESSMENTS, YOU COULD LOSE YOUR HOME? If you do not pay these assessments when due, the association usually has the power to collect them by selling your property in a nonjudicial foreclosure sale. If fees become delinquent, you may also be required to pay penalties and the association's costs and attorney's fees to become current. If you dispute the obligation or its amount, your only remedy to avoid the loss of your home may be to file a lawsuit and ask a court to intervene in the dispute.

5. YOU MAY BECOME A MEMBER OF A HOMEOWNERS' ASSOCIATION THAT HAS THE POWER TO AFFECT HOW YOU USE AND ENJOY YOUR PROPERTY? Many common-interest communities have a homeowners' association. In a new development, the association will usually be controlled by the developer until a certain number of units have been sold. After the period of developer control, the association may be controlled by property owners like yourself who are elected by homeowners to sit on an executive board and other boards and committees formed by the association. The association, and its executive board, are responsible for assessing homeowners for the cost of operating the association and the common or shared elements of the community and for the day to day operation and management of the community. Because homeowners sitting on the executive board and other boards and committees of the association may not have the experience or professional background required to understand and carry out the responsibilities of the association properly, the association may hire professional community managers to carry out these responsibilities. Homeowners' associations operate on democratic principles. Some decisions require all homeowners to vote, some decisions are made by the executive board or other boards or committees established by the association or governing documents. Although the actions of the association and its executive board are governed by state laws, the CC&Rs and other documents that govern the common-interest community, decisions made by these persons will affect your use and enjoyment of your property, your lifestyle and freedom of choice, and your cost of living in the community. You may not agree with decisions made by the association or its governing bodies even though the decisions are ones which the association is authorized to make. Decisions may be made by a few persons on the executive board or governing bodies that do not necessarily reflect the view of the majority of homeowners in the community. If you do not agree with decisions made by the association, its executive board or other governing bodies, your remedy is typically to attempt to use the democratic processes of the association to seek the election of members of the executive board or other governing bodies that are more responsive to your needs. If you have a dispute with the association, its executive board or other governing bodies, you may be able to resolve the dispute through the complaint, investigation and intervention process administered by the Office of the Ombudsman for Owners in Common-Interest Communities and Condominium Hotels, the Nevada Real Estate Division and the Commission for Common-Interest Communities and Condominium Hotels. However, to resolve some disputes, you may have to mediate or arbitrate the dispute and, if mediation or arbitration is unsuccessful, you may have to file a lawsuit and ask a court to resolve the dispute. In addition to your personal cost in mediation or arbitration, or to prosecute a lawsuit, you may be responsible for paying your share of the association's cost in defending against your claim.

6. YOU ARE REQUIRED TO PROVIDE PROSPECTIVE PURCHASERS OF YOUR PROPERTY WITH INFORMATION ABOUT LIVING IN YOUR COMMON-INTEREST COMMUNITY? The law requires you to provide a prospective purchaser of your property with a copy of the community's governing documents, including the CC&Rs, association bylaws, and rules and regulations, as well as a copy of this document. You are also required to provide a copy of the association's current year-to-date financial statement, including, without limitation, the most recent audited or reviewed financial statement, a copy of the association's operating budget and information regarding the amount of the monthly assessment for common expenses, including the amount set aside as reserves for the repair, replacement and restoration of common elements. You are also required to inform prospective purchasers of any outstanding judgments or lawsuits pending against the association of which you are aware. For more information regarding these requirements, see Nevada Revised Statutes 116.4109 .

7. YOU HAVE CERTAIN RIGHTS REGARDING OWNERSHIP IN A COMMON-INTEREST COMMUNITY THAT ARE GUARANTEED YOU BY THE STATE? Pursuant to provisions of chapter 116 of Nevada Revised Statutes , you have the right: (a) To be notified of all meetings of the association and its executive board, except in cases of emergency. (b) To attend and speak at all meetings of the association and its executive board, except in some cases where the executive board is authorized to meet in closed, executive session. (c) To request a special meeting of the association upon petition of at least 10 percent of the homeowners. (d) To inspect, examine, photocopy and audit financial and other records of the association. (e) To be notified of all changes in the community's rules and regulations and other actions by the association or board that affect you.

8. QUESTIONS? Although they may be voluminous, you should take the time to read and understand the documents that will control your ownership of a property in a common-interest community. You may wish to ask your real estate professional, lawyer or other person with experience to explain anything you do not understand. You may also request assistance from the Office of the Ombudsman for Owners in Common-Interest Communities and Condominium Hotels, Nevada Real Estate Division, at (telephone number). Buyer or prospective buyer's initials:__________ Date:__________
Nev. Rev. Stat. § 116A.105 — NV Code / Title 10 / Chapter 116A / Section 116A.105
”Management agreement” defined
Status: in_force

“ Management agreement ” means an agreement for the management of a common-interest community.
Nev. Rev. Stat. § 116.645 — NV Code / Title 10 / Chapter 116 / Section 116.645
Authority for Real Estate Division to conduct business electronically; regulations; fees; use of unsworn declaration; exclusions
Status: in_force

1. The Administrator may adopt regulations which establish procedures for the Division to conduct business electronically pursuant to title 59 of NRS with persons who are regulated pursuant to this chapter and with any other persons with whom the Division conducts business. The regulations may include, without limitation, the establishment of fees to pay the costs of conducting business electronically with the Division.

2. In addition to the process authorized by NRS 719.280 , if the Division is conducting business electronically with a person and a law requires a signature or record to be notarized, acknowledged, verified or made under oath, the Division may allow the person to substitute a declaration that complies with the provisions of NRS 53.045 or NRS 53.250 to 53.390 , inclusive, to satisfy the legal requirement.

3. The Division may refuse to conduct business electronically with a person who has failed to pay money which the person owes to the Division or the Commission.
Nev. Rev. Stat. § 119.080 — NV Code / Title 10 / Chapter 119 / Section 119.080
“Purchaser” defined
Status: in_force

“Purchaser” means any person who acquires or attempts to acquire an interest in any portion of a subdivision.
Nev. Rev. Stat. § 111.707 — NV Code / Title 10 / Chapter 111 / Section 111.707
“Contract” defined
Status: in_force

“ Contract ” includes an insurance policy, contract of employment, bond, mortgage, promissory note, certificated or uncertificated security, account, custodial agreement, deposit agreement, compensation agreement, deferred compensation plan, pension plan, individual retirement plan, employee benefit plan, trust, conveyance, deed of gift, marital property agreement or other written instrument of a similar nature.
Nev. Rev. Stat. § 116B.390 — NV Code / Title 10 / Chapter 116B / Section 116B.390
Rights of creditors following termination
Status: in_force

1. Following termination of a condominium hotel, creditors of the association holding liens on the units, which were recorded before termination, may enforce those liens in the same manner as any lienholder. All other creditors of the association are to be treated as if they had perfected liens on the units immediately before termination.

2. Creditors of the association are not entitled to payment from any unit's owner in excess of the amount of the creditor's lien against that owner's interest.
Nev. Rev. Stat. § 118B.045 — NV Code / Title 10 / Chapter 118B / Section 118B.045
Rental agreements: Additional provisions required to be included in certain agreements
Status: in_force

If a person owns a manufactured home on a manufactured home lot and the person, either directly or through an agent, leases the manufactured home to another person, the rental agreement or lease must include, in addition to any other information required by law, the following information:

1. The name and address of the person who owns the manufactured home;

2. The year the manufactured home was manufactured;

3. The year the manufactured home was moved into the manufactured home park;

4. The year the person acquired the manufactured home; and

5. The date of each inspection of the manufactured home.
Nev. Rev. Stat. § 119.055 — NV Code / Title 10 / Chapter 119 / Section 119.055
“Hearing officer” defined
Status: in_force

“Hearing officer” means a member of the staff of the Department of Business and Industry whom the Administrator has appointed as a hearing officer.
Nev. Rev. Stat. § 119A.658 — NV Code / Title 10 / Chapter 119A / Section 119A.658
Procedure for imposing fine or revoking, suspending or denying renewal of license or permit: Appeal of decision of hearing officer
Status: in_force

1. A ruling or decision of the hearing officer in any disciplinary action is final when in favor of the licensee or permittee.

2. If a ruling or decision is against the licensee or permittee, the licensee or permittee may within 30 days after the date of the decision appeal therefrom to the district court for the county in which the party adversely affected by the decision resides or has his or her place of business under the terms of this chapter, by filing in the district court and serving upon the Administrator personally or by certified mail a notice of the appeal, a written petition for review and a demand in writing for a certified transcript and copies of all the papers on file in the office of the Division affecting or relating to the decision and the evidence taken at the hearing. Thereupon, the Division shall, within 30 days, make and certify the transcript and the copies and file them with the clerk of the court. The petition for review need not be verified but must set forth in specific detail any ground for the appeal, including any errors which the licensee or permittee contends that the hearing officer committed at the hearing.

3. The appellant's opening brief must be filed in the district court within 30 days after the date on which the transcript is filed with the court. The respondent's answering brief must be filed within 30 days after the appellant's opening brief is filed. If the appellant chooses to file a reply brief, it must be filed within 10 days after the respondent's answering brief is filed. Failure to file a brief within the time prescribed in this section constitutes a waiver of the right to file that brief, unless the court grants an extension for good cause shown.

4. The burden of proof in the appeal is on the appellant. The court shall consider the action of the Administrator upon which the decision of the hearing officer was based, and is limited solely to a consideration and determination of the question of whether there has been an abuse of discretion on the part of the Administrator in making that decision.
Nev. Rev. Stat. § 116B.680 — NV Code / Title 10 / Chapter 116B / Section 116B.680
Maintenance and availability of financial records of association; 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 all of the requirements of this chapter.

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 condominium hotel 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. § 118B.213 — NV Code / Title 10 / Chapter 118B / Section 118B.213
Annual fee for lots in park operated for profit; notice; penalty; deposit
Status: in_force

1. In addition to the fee established pursuant to NRS 118B.185 , the owner of a manufactured home park that is operated for profit shall pay to the Division an annual fee of $12 for each lot within the park. The owner shall not impose a fee or surcharge to recover from his or her tenants the costs resulting from the annual fee per lot paid pursuant to this subsection, or any related penalty.

2. The Administrator shall notify the owner of each manufactured home park that is operated for profit in this state on or before July 1 of each year of the fee imposed pursuant to this section.

3. If an owner fails to pay the fee on or before August 1 of each year, a penalty of 50 percent of the amount of the fee must be added.

4. All fees and penalties collected by the Division pursuant to this section must be deposited in the State Treasury for credit to the Account.
Nev. Rev. Stat. § 116.2119 — NV Code / Title 10 / Chapter 116 / Section 116.2119
Rights of secured lenders
Status: in_force

The declaration may require that all or a specified number or percentage of the lenders who hold security interests encumbering the units approve specified actions of the units' owners or the association as a condition to the effectiveness of those actions, but no requirement for approval may operate to:

1. Deny or delegate control over the general administrative affairs of the association by the units' owners or the executive board;

2. Prevent the association or the executive board from commencing, intervening in or settling any litigation or proceeding; or

3. Prevent any trustee or the association from receiving and distributing any proceeds of insurance except pursuant to NRS 116.31133 and 116.31135 .
Nev. Rev. Stat. § 116B.470 — NV Code / Title 10 / Chapter 116B / Section 116B.470
Delivery to association of converted common element 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 common element reserve deficit allocated to that unit.

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

3. As used in this section, “ converted common element 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 sale of a unit.
Nev. Rev. Stat. § 116B.800 — NV Code / Title 10 / Chapter 116B / Section 116B.800
Jurisdiction
Status: in_force

The Commission for Common-Interest Communities and Condominium Hotels created by NRS 116.600 , the Division and the Director of the Department of Business and Industry have jurisdiction over the enforcement of this chapter as set forth herein.
Nev. Rev. Stat. § 116B.060 — NV Code / Title 10 / Chapter 116B / Section 116B.060
“Condominium hotel” defined
Status: in_force

“ Condominium hotel ” means a development in which:

1. Portions of the real estate are designated for separate ownership;

2. A hotel unit is defined which may contain shared components;

3. A transient rental program may be offered to the residential unit owners; and

4. The remainder of the real estate, which may be limited to airspace or subsurface rights, is designated as common elements and is controlled by an association.
Nev. Rev. Stat. § 111.340 — NV Code / Title 10 / Chapter 111 / Section 111.340
Certificate of acknowledgment and record may be rebutted
Status: in_force

Neither the certificate of the acknowledgment nor of the proof of any conveyance or instrument, nor the record, nor the transcript of the record, of such conveyance or instrument, shall be conclusive, but the same may be rebutted.
Nev. Rev. Stat. § 118.060 — NV Code / Title 10 / Chapter 118 / Section 118.060
“Dwelling” defined
Status: reserved

1. “Dwelling” means any building, structure or portion thereof which is occupied as, or designed or intended for occupancy as, a residence by one or more families, and any vacant land which is offered for sale or lease for the construction or location thereon of any such building, structure or portion thereof.

2. “Dwelling” does not include: (a) A single-family house sold or rented by an owner if: (1) The owner does not own more than three single-family houses at any one time or the owner does not own any interest in, nor is there owned or reserved on his or her behalf, under any express or voluntary agreement, title to or any right to all or a portion of the proceeds from the sale or rental of, more than three single-family houses at any one time; and (2) The house was sold or rented without the use in any manner of the sales or rental facilities or the sales or rental services of any real estate broker, real estate broker-salesperson or real estate salesperson licensed pursuant to chapter 645 of NRS . (b) Rooms or units in dwellings containing living quarters occupied or intended to be occupied by not more than four families living independently of each other if the owner actually maintains and occupies one of the living quarters as his or her residence and the owner has not within the preceding 12-month period participated: (1) As the principal in three or more transactions involving the sale or rental of any dwelling or any interest therein; or (2) As an agent, otherwise than in the sale of his or her own personal residence in providing sales or rental facilities or sales or rental services in two or more transactions involving the sale or rental of any dwelling or any interest therein.

3. The sale of a single-family house by an owner not residing in that house at the time of the sale or who was not the most recent resident of that house before the sale does not bring the house within the definition of ‘‘dwelling’’ unless there is more than one such sale within any 24-month period.
Nev. Rev. Stat. § 119B.230 — NV Code / Title 10 / Chapter 119B / Section 119B.230
Sales agents: Association with broker
Status: in_force

1. A sales agent may work for only one broker of record at any one time.

2. A broker of record shall give written notice to the Administrator of a change of association of any sales agent associated with the broker of record within 10 days after that change.

3. The broker of record, upon the termination of the employment of any sales agent associated with the broker of record, shall submit that agent's license to the Administrator.

4. If a sales agent changes his or her association with any broker of record, the sales agent must apply to the Administrator for the reissuance of his or her license for its unexpired term. The application must be accompanied by a fee of $10.

5. A sales agent may only become associated with a broker of record who certifies to his or her honesty, trustworthiness and good reputation.
Nev. Rev. Stat. § 118A.490 — NV Code / Title 10 / Chapter 118A / Section 118A.490
Actions based upon nonpayment of rent: Counterclaim by tenant; deposit of rent with court; judgment for eviction
Status: in_force

1. In an action for possession based upon nonpayment of rent or in an action for rent where the tenant is in possession, the tenant may defend and counterclaim for any amount which the tenant may recover under the rental agreement, this chapter, or other applicable law. If it appears that there is money which may be due to the landlord by the tenant after the day of the hearing or if a judgment is delayed for any reason, the court shall require a tenant who remains in possession of the premises to deposit with the court a just and reasonable amount to satisfy the obligation, but not more than 1 day's rent for each day until the new hearing date. The court shall order the tenant to pay the landlord any rent which is not in dispute and shall determine the amount due to each party. Upon the application of either party, the court, after notice and opportunity for a hearing, may for good cause release to either party all or any portion of the rent paid into court by the tenant. The court shall award the prevailing party the amount owed and shall give judgment for any other amount which is due.

2. In any action for rent where the tenant is not in possession, the tenant may counterclaim as provided in subsection 1 but is not required to pay any rent into court.

3. When the court renders a decision on the landlord's claim for possession, it shall distribute any rent paid into court under subsection 1 upon a determination of the amount due to each party.

4. If a tenant fails to deposit with the court within 24 hours after the original hearing the entire amount required pursuant to subsection 1, the tenant relinquishes the right to a hearing and the court shall at that time grant a judgment for eviction without further hearing.
Nev. Rev. Stat. § 120A.500 — NV Code / Title 10 / Chapter 120A / Section 120A.500
Presumption of abandonment
Status: in_force

1. Except as otherwise provided in subsections 6, 7 and 8, property is presumed abandoned if it is unclaimed by the apparent owner during the time set forth below for the particular property: (a) A traveler's check, 15 years after issuance; (b) A money order, 7 years after issuance; (c) Any stock or other equity interest in a business association or financial organization, including a security entitlement under NRS 104.8101 to 104.8511 , inclusive, 3 years after the date of the last indication by the owner of interest in the property; (d) Any debt of a business association or financial organization, other than a bearer bond or an original issue discount bond, 3 years after the date of the most recent interest payment unclaimed by the apparent owner; (e) A demand or savings deposit, 3 years after the date of the last indication by the owner of interest in the property; (f) Time deposits, 3 years after: (1) The date of maturity for time deposits that are not automatically renewable; or (2) The date of maturity, after the first renewal of the time deposit, for time deposits that are automatically renewable, unless the owner has consented to a subsequent renewal at or about the time of any such subsequent renewal and the consent is in writing or is evidenced by a memorandum or other record on file with the holder; (g) Except as otherwise provided in NRS 120A.520 , any money or credits owed to a customer as a result of a retail business transaction, 3 years after the obligation accrued; (h) Any amount owed by an insurance company on a life or endowment insurance policy or an annuity contract, including, without limitation, any amount in a retained asset account, 3 years after the earliest of: (1) The date of the death of the insured or annuitant; (2) The maturity date of the insurance policy or annuity contract; or (3) The date that the insured would have attained, if living, the limiting age under the mortality table on which the reserve is based; (i) Any amount owed by an insurance company on a policy or contract not described in paragraph (h), 3 years after the obligation to pay arose under the terms of the policy or contract; (j) Any property distributable by a business association or financial organization in a course of dissolution, 1 year after the property becomes distributable; (k) Any property received by a court as proceeds of a class action and not distributed pursuant to the judgment, 1 year after the distribution date; (l) Except as otherwise provided in NRS 607.170 and 703.375 , any property held by a court, government, governmental subdivision, agency or instrumentality, 1 year after the property becomes distributable; (m) Any wages or other compensation for personal services, 1 year after the compensation becomes payable; (n) A deposit or refund owed to a subscriber by a utility, 1 year after the deposit or refund becomes payable; (o) Any property in an individual retirement account, defined benefit plan or other account or plan established for retirement purposes, 3 years after: (1) If the account or plan is tax-deferred or tax-exempt, the date that the owner would have reached the age of required minimum distribution pursuant to the Internal Revenue Code; or (2) If the account or plan is not tax-deferred or tax-exempt, the date that the property becomes distributable; (p) The trust liability of a trust fund established with respect to a prepaid contract for funeral services or burial services as required by chapter 689 of NRS , 3 years after the earliest of: (1) The date the holder has knowledge of the death of the beneficiary named in or otherwise ascertainable from the prepaid contract; or (2) The date the beneficiary named in or otherwise ascertainable from the prepaid contract has attained, or would have attained if living, the age of 105 years; and (q) All other property, 3 years after the owner's right to demand the property or after the obligation to pay or distribute the property arises, whichever first occurs.

2. At the time that an interest is presumed abandoned under subsection 1, any other property right accrued or accruing to the owner as a result of the interest, and not previously presumed abandoned, is also presumed abandoned.

3. Property is unclaimed if, for the applicable period set forth in subsection 1, 7 or 8, as applicable, the apparent owner has not communicated, in writing or by other means reflected in a contemporaneous record prepared by the holder or an agent of the holder with the holder concerning the property or the account in which the property is held and has not otherwise indicated an interest in the property. A communication with an owner by a person other than the holder or an agent of the holder who has not in writing identified the property to the owner is not an indication of interest in the property by the owner.

4. An indication of an owner's interest in property: (a) Includes: (1) The presentment of a check or other instrument of payment of a dividend or other distribution made with respect to an account or underlying stock or other interest in a business association or financial organization or, in the case of a distribution made by electronic or similar means, evidence that the distribution has been received; (2) Activity directed by an apparent owner in the account in which the property is held, including accessing the account or information concerning the account or a direction by the apparent owner to increase, decrease or change the amount or type of property held in the account; (3) Except as otherwise provided in paragraph (b), the making of a deposit to or withdrawal from a bank account; (4) The payment of a premium with respect to a property interest in an insurance policy, but the application of an automatic premium loan provision or other nonforfeiture provision contained in an insurance policy does not prevent a policy from maturing or terminating if the insured has died or the insured or the beneficiary of the policy has otherwise become entitled to the proceeds before the depletion of the cash surrender value of a policy by the application of those provisions; (5) The signing of a return receipt by the apparent owner for notice provided pursuant to NRS 120A.560 ; and (6) The execution of a Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting, Form W-8BEN of the Internal Revenue Service, by the owner for purposes of a security where the last-known address of the owner is in a foreign country; and (b) Does not include the making of an automatically renewable: (1) Deposit, if the deposit is made by the holder or an agent of the holder; or (2) Withdrawal, if the withdrawal is made by the holder or an agent of the holder. For the purposes of this subsection, an action by an agent or other representative of the apparent owner, other than the holder or an agent of the holder acting as the agent of the apparent owner, is presumed to be an action on behalf of the apparent owner.

5. Property is payable or distributable for purposes of this chapter notwithstanding the owner's failure to make demand or present an instrument or document otherwise required to obtain payment.

6. The following property clearly designated as such must not be presumed abandoned because of inactivity or failure to make a demand: (a) An account or asset managed through a guardianship; (b) An account blocked at the direction of a court; (c) A trust account established to address a special need; (d) A qualified income trust account; (e) A trust account established for tuition purposes; and (f) A trust account established on behalf of a client.

7. For property described in paragraph (p) of subsection 1, if the holder does not have knowledge of the death of the beneficiary named in or otherwise ascertainable from the prepaid contract for funeral services or burial services and the holder does not know the date of birth of the beneficiary, the property described in that paragraph is presumed abandoned: (a) Forty years after the date the prepaid contract for funeral services or burial services was executed; or (b) Three years after the last indication by the owner of interest in the property, whichever is later.

8. For property described in paragraphs (c) to (f), inclusive, (o) and (q) of subsection 1, the property is presumed abandoned 3 years after the date described in each of those paragraphs or the date on which the holder has knowledge of the death of the owner, whichever is earlier.

9. The provisions of paragraph (h) of subsection 1 apply to a life or endowment insurance policy or an annuity contract, regardless of whether the policy or contract is matured, unmatured, or terminated.

10. For purposes of this section, a person has knowledge of the death of a person when the person: (a) Receives proof of death of the person; (b) Reasonably determines the death of a person pursuant to NRS 688D.090 ; or (c) Otherwise validates, in good faith, the death of the person.

11. As used in this section: (a) “ Proof of death ” has the meaning ascribed to it in NRS 672.210 . (b) “ Retained asset account ” has the meaning ascribed to it in NRS 688D.060 .
Nev. Rev. Stat. § 116B.640 — NV Code / Title 10 / Chapter 116B / Section 116B.640
Foreclosure of liens: Mailing of notice of default and election to sell to certain interested persons
Status: in_force

The association or hotel unit owner, as applicable, shall also mail, within 10 days after the notice of default and election to sell is recorded, a copy of the notice by first-class mail to:

1. Each person who has requested notice pursuant to NRS 107.090 or 116B.660 ;

2. Any holder of a recorded security interest encumbering the residential unit owner's interest who has notified the association or hotel unit owner, as applicable, 30 days before the recordation of the notice of default, of the existence of the security interest; and

3. A purchaser of the residential unit, if the residential unit owner has notified the association or hotel unit owner, as applicable, 30 days before the recordation of the notice, that the residential unit is the subject of a contract of sale and the association has been requested to furnish the certificate required by NRS 116B.760 .
Nev. Rev. Stat. § 119A.031 — NV Code / Title 10 / Chapter 119A / Section 119A.031
“Affiliate of the manager” defined
Status: in_force

“Affiliate of the manager” means any person who controls, is controlled by or is under common control with a manager, including a person who:

1. Is a general partner, officer, director or employer of the manager;

2. Directly or indirectly or acting in concert with one or more persons, or through one or more subsidiaries, owns, controls, or holds with the power to vote more than 20 percent of the voting interest in the manager;

3. Controls the election of a majority of the directors of the manager; or

4. Has contributed more than 20 percent of the capital of the manager.
Nev. Rev. Stat. § 116.660 — NV Code / Title 10 / Chapter 116 / Section 116.660
Issuance and enforcement of subpoenas
Status: in_force

1. To carry out the purposes of this chapter, the Commission, or any member thereof acting on behalf of the Commission or acting on behalf of a hearing panel, may issue subpoenas to compel the attendance of witnesses and the production of books, records and other papers.

2. If any person fails to comply with a subpoena issued by the Commission or any member thereof pursuant to this section within 20 days after the date of service of the subpoena, the Commission may petition the district court for an order of the court compelling compliance with the subpoena.

3. Upon such a petition, the court shall enter an order directing the person subpoenaed to appear before the court at a time and place to be fixed by the court in its order, the time to be not more than 20 days after the date of service of the order, and show cause why the person has not complied with the subpoena. A certified copy must be served upon the person subpoenaed.

4. If it appears to the court that the subpoena was regularly issued by the Commission or any member thereof pursuant to this section, the court shall enter an order compelling compliance with the subpoena, and upon failure to obey the order the person shall be dealt with as for contempt of court.
Nev. Rev. Stat. § 116.21205 — NV Code / Title 10 / Chapter 116 / Section 116.21205
Reallocation of costs of administering common elements of certain master associations
Status: in_force

The executive board of a master association of any common-interest community that was created before January 1, 1975, and is located in a county whose population is 700,000 or more may record an amendment to the declaration pursuant to which the master association reallocates the costs of administering the common elements of the master association among the units of the common-interest community uniformly and based upon the actual costs associated with each unit.
Nev. Rev. Stat. § 118B.115 — NV Code / Title 10 / Chapter 118B / Section 118B.115
Written consent may be required before manufactured home or recreational vehicle is moved into park; remedies if written consent is not obtained; exception
Status: in_force

1. The landlord of a manufactured home park may require that a person submit a written application to and receive written consent from the landlord before the person moves or causes to be moved a manufactured home or recreational vehicle into the manufactured home park. The landlord shall not unreasonably withhold his or her consent.

2. If the landlord of a manufactured home park requires written consent pursuant to subsection 1, the landlord shall post and maintain a sign that is clearly readable at the entrance to the manufactured home park which advises the reader of the consent that is required before a person may move or cause to be moved a manufactured home or recreational vehicle into the manufactured home park.

3. If a person moves or causes to be moved a manufactured home or recreational vehicle into the manufactured home park without the written consent of the landlord, if the landlord requires such consent pursuant to subsection 1, the landlord of that manufactured home park may: (a) After providing at least 5 days' written notice to the person, bring an action for an unlawful detainer in the manner prescribed in chapter 40 of NRS; or (b) Require the person to sign a rental agreement. If the person refuses to sign the rental agreement within 5 days after such a request, the landlord may, after providing at least 5 days' written notice to the person, bring an action for an unlawful detainer in the manner provided in chapter 40 of NRS.

4. For the purposes of NRS 40.251 , a person who moves or causes to be moved a manufactured home or recreational vehicle into a manufactured home park without the written consent of the landlord, if the landlord requires such consent pursuant to subsection 1, shall be deemed a tenant at will and a lessee of the manufactured home park.

5. The provisions of this section do not apply to a corporate cooperative park.
Nev. Rev. Stat. § 118B.255 — NV Code / Title 10 / Chapter 118B / Section 118B.255
Deposit of fees and administrative fines; appointment of hearing officer or panel; delegation of authority concerning disciplinary action
Status: in_force

1. Except as otherwise provided in NRS 118B.213 , all money collected from fees and administrative fines imposed pursuant to this chapter must be deposited with the State Treasurer for credit to the Account for Housing Inspection and Compliance created by NRS 319.169 .

2. The Administrator may appoint one or more hearing officers or panels and may delegate to those hearing officers or panels the power of the Administrator to conduct hearings and other proceedings, determine violations, impose fines and penalties and take other disciplinary action authorized by the provisions of this chapter.
Nev. Rev. Stat. § 111.375 — NV Code / Title 10 / Chapter 111 / Section 111.375
Vesting of easement; effect of transfer of land
Status: in_force

1. An easement for the collection of solar energy becomes vested in a grantee upon the recording of the grant.

2. The easement is appurtenant to the benefited land. The benefit of the easement passes with the benefited land and the burden of the easement passes with the burdened land upon any transfer, voluntary or involuntary, of the respective lands.
Nev. Rev. Stat. § 119A.500 — NV Code / Title 10 / Chapter 119A / Section 119A.500
Partition of unit
Status: in_force

No action for partition of a unit may be maintained except as provided in the time-share instrument. If a time share is owned by two or more persons, an action may be brought for the judicial sale of the time share. A provision for the waiver or subordination of the right of partition or any other right characteristic of a tenancy in common is valid.
Nev. Rev. Stat. § 116.635 — NV Code / Title 10 / Chapter 116 / Section 116.635
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. § 116.31087 — NV Code / Title 10 / Chapter 116 / Section 116.31087
Right of units' owners to have certain complaints placed on agenda of meeting of executive board
Status: in_force

1. If an executive board receives a written complaint from a unit's owner alleging that the executive board has violated any provision of this chapter or any provision of the governing documents of the association, the executive board shall, upon the written request of the unit's owner, place the subject of the complaint on the agenda of the next regularly scheduled meeting of the executive board.

2. Not later than 10 business days after the date that the association receives such a complaint, the executive board or an authorized representative of the association shall acknowledge the receipt of the complaint and notify the unit's owner that, if the unit's owner submits a written request that the subject of the complaint be placed on the agenda of the next regularly scheduled meeting of the executive board, the subject of the complaint will be placed on the agenda of the next regularly scheduled meeting of the executive board.
Nev. Rev. Stat. § 112.210 — NV Code / Title 10 / Chapter 112 / Section 112.210
Rights of creditor in action for relief against transfer or obligation
Status: in_force

1. In an action for relief against a transfer or obligation under this chapter, a creditor, subject to the limitations in NRS 112.220 , may obtain: (a) Avoidance of the transfer or obligation to the extent necessary to satisfy the creditor's claim; (b) An attachment or garnishment against the asset transferred or other property of the transferee pursuant to NRS 31.010 to 31.460 , inclusive; and (c) Subject to applicable principles of equity and in accordance with applicable rules of civil procedure: (1) An injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property; (2) Appointment of a receiver to take charge of the asset transferred or of other property of the transferee; or (3) Any other relief the circumstances may require.

2. If a creditor has obtained a judgment on a claim against the debtor, the creditor, if the court so orders, may levy execution on the asset transferred or its proceeds.
Nev. Rev. Stat. § 116A.290 — NV Code / Title 10 / Chapter 116A / Section 116A.290
Witnesses: Payment of fees and mileage
Status: in_force

1. Each witness who is subpoenaed and appears at a hearing is entitled to receive for his or her attendance the same fees and mileage allowed by law to a witness in a civil case.

2. The fees and mileage for the witness: (a) Must be paid by the party at whose request the witness is subpoenaed; or (b) If the appearance of the witness is not requested by any party but the witness is subpoenaed at the request of the Commission or a hearing panel, must be paid by the Division.
Nev. Rev. Stat. § 116B.580 — NV Code / Title 10 / Chapter 116B / Section 116B.580
Preparation and presentation of financial statements
Status: in_force

1. The Commission shall adopt regulations prescribing the requirements for the preparation and presentation of financial statements of an association pursuant to this chapter.

2. The regulations adopted by the Commission must include, without limitation: (a) The qualifications necessary for a person to prepare and present financial statements of an association; and (b) The standards and format to be followed in preparing and presenting financial statements of an association.
Nev. Rev. Stat. § 120A.640 — NV Code / Title 10 / Chapter 120A / Section 120A.640
Filing claim with Administrator; handling of claims by Administrator; confidentiality
Status: in_force

1. A person, excluding another state, claiming property paid or delivered to the Administrator may file a claim on a form prescribed by the Administrator and verified by the claimant.

2. Within 90 days after a claim is filed, the Administrator shall allow or deny the claim and give written notice of the decision to the claimant. If the claim is denied, the Administrator shall inform the claimant of the reasons for the denial and specify what additional evidence is required before the claim will be allowed. The claimant may then file a new claim with the Administrator or maintain an action under NRS 120A.650 .

3. Except as otherwise provided in subsection 5, within 30 days after a claim is allowed, the property or the net proceeds of a sale of the property must be delivered or paid by the Administrator to the claimant, together with any dividend, interest or other increment to which the claimant is entitled under NRS 120A.600 and 120A.610 .

4. A holder who pays the owner for property that has been delivered to the State and which, if claimed from the Administrator by the owner would be subject to an increment under NRS 120A.600 and 120A.610 may recover from the Administrator the amount of the increment.

5. The Administrator may require a person with a claim in excess of $2,000 to furnish a bond and indemnify the State against any loss resulting from the approval of such claim if the claim is based upon an original instrument, including, without limitation, a certified check or a stock certificate or other proof of ownership of securities, which cannot be furnished by the person with the claim.

6. Property held under this chapter by the Administrator is subject to a claim for the payment of a debt which the Administrator determines to be enforceable and which the owner owes in this State for: (a) Support of a child, including, without limitation, any related collection costs and any amounts which may be combined with maintenance for a former spouse; (b) A civil or criminal fine or penalty, court costs or a surcharge or restitution imposed by a final order of an administrative agency or a final judgment of a court; or (c) A state or local tax, and any related penalty and interest.

7. The Administrator may require a person who files a claim on behalf of an estate to furnish evidence that the claimant has been contacted by, or is otherwise working on behalf of, a person with an interest in the estate, including, without limitation, an heir or a creditor. Failure to provide such evidence is grounds for denial of the claim.

8. A claim filed with the Administrator pursuant to this section, and any correspondence or other documents generated in connection with such a claim in the possession of the Administrator, is confidential and not a public record, but may be: (a) Used by the Administrator in any manner to carry out his or her duties under this chapter; or (b) Produced pursuant to a subpoena or court order.
Nev. Rev. Stat. § 116.335 — NV Code / Title 10 / Chapter 116 / Section 116.335
Association prohibited from requiring unit's owner to obtain approval to rent or lease unit; exceptions
Status: in_force

1. Unless, at the time a unit's owner purchased his or her unit, the declaration prohibited the unit's owner from renting or leasing his or her unit, the association may not prohibit the unit's owner from renting or leasing his or her unit.

2. Unless, at the time a unit's owner purchased his or her unit, the declaration required the unit's owner to secure or obtain any approval from the association in order to rent or lease his or her unit, an association may not require the unit's owner to secure or obtain any approval from the association in order to rent or lease his or her unit.

3. If a declaration contains a provision establishing a maximum number or percentage of units in the common-interest community which may be rented or leased, that provision of the declaration may not be amended to decrease that maximum number or percentage of units in the common-interest community which may be rented or leased.

4. If the governing documents of an association require a unit's owner who leases or rents his or her unit, or the tenant of a unit's owner, to register with the association or its agent or otherwise submit to the association or its agent information concerning the lease or rental agreement or the tenant, the association or its agent: (a) Must conduct such activities in accordance with the governing documents; (b) May not require the unit's owner or tenant of the unit's owner to provide information which the association or its agent does not require to be provided to the association or its agent by a unit's owner who occupies his or her unit, except that the association or its agent may require the unit's owner to provide a copy of the lease or rental agreement; and (c) May not charge a fee to the unit's owner for the registration or submission of information.

5. The provisions of this section do not prohibit an association from enforcing any provisions which govern the renting or leasing of units and which are contained in this chapter or in any other applicable federal, state or local laws or regulations.

6. Notwithstanding any other provision of law or the declaration to the contrary: (a) If a unit's owner is prohibited from renting or leasing a unit because the maximum number or percentage of units which may be rented or leased in the common-interest community have already been rented or leased, the unit's owner may seek a waiver of the prohibition from the executive board based upon a showing of economic hardship, and the executive board may grant such a waiver and approve the renting or leasing of the unit. (b) If the declaration contains a provision establishing a maximum number or percentage of units in the common-interest community which may be rented or leased, in determining the maximum number or percentage of units in the common-interest community which may be rented or leased, the number of units owned by the declarant must not be counted or considered.
Nev. Rev. Stat. § 116.630 — NV Code / Title 10 / Chapter 116 / Section 116.630
Account for Common-Interest Communities and Condominium Hotels: Creation; administration; sources; uses
Status: in_force

1. There is hereby created the Account for Common-Interest Communities and Condominium Hotels in the State General Fund. The Account must be administered by the Administrator.

2. Except as otherwise provided in subsection 3, all money received by the Commission, a hearing panel or the Division pursuant to this chapter or chapter 116B of NRS , including, without limitation, the fees collected pursuant to NRS 116.31155 and 116B.620 , must be deposited into the Account.

3. If the Commission imposes a fine or penalty, the Commission shall deposit the money collected from the imposition of the fine or penalty with the State Treasurer for credit to the State General Fund. If the money is so deposited, the Commission may present a claim to the State Board of Examiners for recommendation to the Interim Finance Committee if money is required to pay attorney's fees or the costs of an investigation, or both.

4. The interest and income earned on the money in the Account, after deducting any applicable charges, must be credited to the Account.

5. The money in the Account must be used solely to defray: (a) The costs and expenses of the Commission and the Office of the Ombudsman; (b) If authorized by the Commission or any regulations adopted by the Commission, the costs and expenses of subsidizing proceedings for mediation, arbitration and a program conducted pursuant to NRS 38.300 to 38.360 , inclusive; and (c) If authorized by the Legislature or by the Interim Finance Committee if the Legislature is not in session, the costs and expenses of administering the Division.
Nev. Rev. Stat. § 111.125 — NV Code / Title 10 / Chapter 111 / Section 111.125
Proof required from subscribing witnesses
Status: in_force

No certificate of proof shall be granted unless subscribing witnesses shall prove:

1. That the person whose name is subscribed thereto as a party is the person described in, and who executed the same.

2. That such person executed the conveyance.

3. That such witness subscribed his or her name thereto as a witness thereof.
Nev. Rev. Stat. § 116B.065 — NV Code / Title 10 / Chapter 116B / Section 116B.065
“Converted building” defined
Status: in_force

“ Converted building ” means a building that at any time before creation of the condominium hotel was occupied wholly or partially by persons other than purchasers and persons who occupy with the consent of purchasers.
Nev. Rev. Stat. § 116.31038 — NV Code / Title 10 / Chapter 116 / Section 116.31038
Delivery to association of property held or controlled by declarant
Status: in_force

In addition to any applicable requirement set forth in NRS 116.310395 , within 30 days after units' owners other than the declarant may elect a majority of the members of the executive board, the declarant shall deliver to the association all property of the units' owners and of the association held by or controlled by the declarant, including:

1. The original or a certified copy of the recorded declaration as amended, the articles of incorporation, articles of association, articles of organization, certificate of registration, certificate of limited partnership, certificate of trust or other documents of organization for the association, the bylaws, minute books and other books and records of the association and any rules or regulations which may have been adopted.

2. An accounting for money of the association and audited financial statements for each fiscal year and any ancillary period from the date of the last audit of the association to the date the period of the declarant's control ends. The financial statements must fairly and accurately report the association's financial position. The declarant shall pay the costs of the ancillary audit. The ancillary audit must be delivered within 210 days after the date the period of the declarant's control ends.

3. A complete study of the reserves of the association, conducted by a person who is registered as a reserve study specialist pursuant to chapter 116A of NRS . At the time the control of the declarant ends, the declarant shall: (a) Except as otherwise provided in this paragraph, deliver to the association a reserve account that contains the declarant's share of the amounts then due, and control of the account. If the declaration was recorded before October 1, 1999, and, at the time the control of the declarant ends, the declarant has failed to pay his or her share of the amounts due, the executive board shall authorize the declarant to pay the deficiency in installments for a period of 3 years, unless the declarant and the executive board agree to a shorter period. (b) Disclose, in writing, the amount by which the declarant has subsidized the association's dues on a per unit or per lot basis.

4. The association's money or control thereof.

5. All of the declarant's tangible personal property that has been represented by the declarant as property of the association or, unless the declarant has disclosed in the public offering statement that all such personal property used in the common-interest community will remain the declarant's property, all of the declarant's tangible personal property that is necessary for, and has been used exclusively in, the operation and enjoyment of the common elements, and inventories of these properties.

6. A copy of any plans and specifications used in the construction of the improvements in the common-interest community which were completed within 2 years before the declaration was recorded.

7. All insurance policies then in force, in which the units' owners, the association, or its directors and officers are named as insured persons.

8. Copies of any certificates of occupancy that may have been issued with respect to any improvements comprising the common-interest community other than units in a planned community.

9. Any renewable permits and approvals issued by governmental bodies applicable to the common-interest community which are in force and any other permits and approvals so issued and applicable which are required by law to be kept on the premises of the community.

10. Written warranties of the contractor, subcontractors, suppliers and manufacturers that are still effective.

11. A roster of owners and mortgagees of units and their addresses and telephone numbers, if known, as shown on the declarant's records.

12. Contracts of employment in which the association is a contracting party.

13. Any contract for service in which the association is a contracting party or in which the association or the units' owners have any obligation to pay a fee to the persons performing the services.
Nev. Rev. Stat. § 111.1031 — NV Code / Title 10 / Chapter 111 / Section 111.1031
Statutory rule against perpetuities
Status: in_force

1. A nonvested property interest is invalid unless: (a) When the interest is created, it is certain to vest or terminate no later than 21 years after the death of a natural person then alive; or (b) The interest either vests or terminates within 365 years after its creation.

2. A general power of appointment not presently exercisable because of a condition precedent is invalid unless: (a) When the power is created, the condition precedent is certain to be satisfied or become impossible to satisfy no later than 21 years after the death of a natural person then alive; or (b) The condition precedent either is satisfied or becomes impossible to satisfy within 365 years after its creation.

3. A nongeneral power of appointment or a general testamentary power of appointment is invalid unless: (a) When the power is created, it is certain to be irrevocably exercised or otherwise to terminate no later than 21 years after the death of a natural person then alive; or (b) The power is irrevocably exercised or otherwise terminates within 365 years after its creation.

4. In determining whether a nonvested property interest or a power of appointment is valid under paragraph (a) of subsection 1, paragraph (a) of subsection 2 or paragraph (a) of subsection 3, the possibility that a child will be born to a person after his or her death is disregarded.
Nev. Rev. Stat. § 116B.660 — NV Code / Title 10 / Chapter 116B / Section 116B.660
Foreclosure of liens: Requests by interested persons for notice of default and election to sell; right of association or hotel unit owner to waive default and withdraw notice or proceeding to foreclose
Status: in_force

1. The provisions of NRS 107.090 apply to the foreclosure of lien of an association or hotel unit owner, as applicable, as if a deed of trust were being foreclosed. The request must identify the lien by stating the names of the unit's owner and the condominium hotel.

2. An association or hotel unit owner, as applicable, may, after recording a notice of default and election to sell, waive the default and withdraw the notice or any proceeding to foreclose. The association or hotel unit owner, as applicable, is thereupon restored to its former position and has the same rights as though the notice had not been recorded.
Nev. Rev. Stat. § 118B.013 — NV Code / Title 10 / Chapter 118B / Section 118B.013
“Federal worker” defined
Status: in_force

“Federal worker” has the meaning ascribed to it in NRS 40.002 .
Nev. Rev. Stat. § 118A.460 — NV Code / Title 10 / Chapter 118A / Section 118A.460
Procedure for disposal of personal property abandoned or left on premises; landlord required to provide tenant reasonable opportunity to retrieve essential personal effects for period following eviction or lockout of tenant
Status: in_force

1. The landlord may dispose of personal property abandoned on the premises by a former tenant or left on the premises after eviction of the tenant without incurring civil or criminal liability in the following manner: (a) The landlord shall reasonably provide for the safe storage of the property for 30 days after the abandonment or eviction or the end of the rental period and may charge and collect the reasonable and actual costs of inventory, moving and storage before releasing the property to the tenant or his or her authorized representative rightfully claiming the property within that period. The landlord is liable to the tenant only for the landlord's negligent or wrongful acts in storing the property. (b) After the expiration of the 30-day period, the landlord may dispose of the property and recover his or her reasonable costs out of the property or the value thereof if the landlord has made reasonable efforts to locate the tenant, has notified the tenant in writing of his or her intention to dispose of the property and 14 days have elapsed since the notice was given to the tenant. The notice must be mailed to the tenant at the tenant's present address, and if that address is unknown, then at the tenant's last known address. (c) Vehicles must be disposed of in the manner provided in chapter 487 of NRS for abandoned vehicles.

2. Any dispute relating to the amount of the costs claimed by the landlord pursuant to paragraph (a) of subsection 1 may be resolved using the procedure provided in subsection 7 of NRS 40.253 .

3. During the 5-day period following the eviction or lockout of a tenant, the landlord shall provide the former tenant a reasonable opportunity to retrieve essential personal effects, including, without limitation, medication, baby formula, basic clothing and personal care items. Any dispute relating to the reasonableness of the landlord's actions pursuant to this section may be resolved using the procedure provided in subsection 9 of NRS 40.253 .
Nev. Rev. Stat. § 118B.011 — NV Code / Title 10 / Chapter 118B / Section 118B.011
“Administrator” defined
Status: in_force

“ Administrator ” means the Administrator of the Division.
Nev. Rev. Stat. § 116.007 — NV Code / Title 10 / Chapter 116 / Section 116.007
“Affiliate of a declarant” defined
Status: in_force

“ Affiliate of a declarant ” means any person who controls, is controlled by or is under common control with a declarant. For purposes of this section:

1. A person controls a declarant if the person: (a) Is a general partner, officer, director or employer of the declarant; (b) Directly or indirectly or acting in concert with one or more other persons, or through one or more subsidiaries, owns, controls, holds with power to vote or holds proxies representing, more than 20 percent of the voting interest in the declarant; (c) Controls in any manner the election of a majority of the directors of the declarant; or (d) Has contributed more than 20 percent of the capital of the declarant.

2. A person is controlled by a declarant if the declarant: (a) Is a general partner, officer, director or employer of the person; (b) Directly or indirectly or acting in concert with one or more other persons, or through one or more subsidiaries, owns, controls, holds with power to vote or holds proxies representing, more than 20 percent of the voting interest in the person; (c) Controls in any manner the election of a majority of the directors of the person; or (d) Has contributed more than 20 percent of the capital of the person.

3. Control does not exist if the powers described in this section are held solely as security for an obligation and are not exercised.
Nev. Rev. Stat. § 119A.690 — NV Code / Title 10 / Chapter 119A / Section 119A.690
Falsifying application; failure to submit annual report
Status: in_force

Any person who willfully submits, in the application for a permit to sell time shares or an application for a sales agent's license, any materially false or misleading information or fails to submit an annual report on a program for the exchange of occupancy rights among owners or with the owners of time shares in other time-share plans, or both, is guilty of a misdemeanor.
Nev. Rev. Stat. § 117.105 — NV Code / Title 10 / Chapter 117 / Section 117.105
Interest of unit owner conveyed by tax deed
Status: in_force

If any person acquires or is entitled to the issuance of a tax deed conveying the interest of any condominium owner, such interest so acquired shall be subject to all the provisions of this chapter and to all terms, provisions, covenants, conditions and limitations contained in the declaration of restrictions, any plat, any bylaws or any deed affecting such interest then in force.
Nev. Rev. Stat. § 111.721 — NV Code / Title 10 / Chapter 111 / Section 111.721
“Nonprobate transfer” defined
Status: in_force

1. “ Nonprobate transfer ” means a transfer of any property or interest in property from a decedent to one or more other persons by operation of law or by contract that is effective upon the death of the decedent and includes, without limitation: (a) A transfer by right of survivorship, including a transfer pursuant to subsection 1 of NRS 115.060 ; (b) A transfer by deed upon death pursuant to NRS 111.655 to 111.699 , inclusive; and (c) A security registered as transferable on the death of a person.

2. The term does not include: (a) Property that is subject to administration in probate of the estate of the decedent; (b) Property that is set aside, without administration, pursuant to NRS 146.070 ; (c) Property transferred pursuant to an affidavit as authorized by NRS 146.080 ; and (d) Property transferred from an estate or a trust pursuant to a power of appointment granted under a will or trust, as applicable.
Nev. Rev. Stat. § 116.095 — NV Code / Title 10 / Chapter 116 / Section 116.095
“Unit's owner” defined
Status: in_force

“ Unit's owner ” means a declarant or other person who owns a unit, or a lessee of a unit in a leasehold common-interest community whose lease expires simultaneously with any lease the expiration or termination of which will remove the unit from the common-interest community, but does not include a person having an interest in a unit solely as security for an obligation. In a condominium or planned community, the declarant is the owner of any unit created by the declaration until that unit is conveyed to another person. In a cooperative, the declarant is treated as the owner of any unit to which allocated interests have been allocated until that unit has been conveyed to another person.
Nev. Rev. Stat. § 111.681 — NV Code / Title 10 / Chapter 111 / Section 111.681
Execution and recordation
Status: in_force

A deed upon death is valid only if executed and recorded as provided by law in the office of the county recorder of the county where the property is located before the death of the owner or the death of the last surviving owner.
Nev. Rev. Stat. § 112.230 — NV Code / Title 10 / Chapter 112 / Section 112.230
Limitation of actions; exception for spendthrift trusts
Status: in_force

1. A claim for relief with respect to a fraudulent transfer or obligation under this chapter is extinguished unless action is brought: (a) Under paragraph (a) of subsection 1 of NRS 112.180 , within 4 years after the transfer was made or the obligation was incurred or, if later, within 1 year after the transfer or obligation was or could reasonably have been discovered by the claimant; (b) Under paragraph (b) of subsection 1 of NRS 112.180 or subsection 1 of NRS 112.190 , within 4 years after the transfer was made or the obligation was incurred; or (c) Under subsection 2 of NRS 112.190 , within 1 year after the transfer was made or the obligation was incurred.

2. This section does not apply to a claim for relief with respect to a transfer of property to a spendthrift trust subject to chapter 166 of NRS .
Nev. Rev. Stat. § 112.150 — NV Code / Title 10 / Chapter 112 / Section 112.150
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires:

1. “Affiliate” means: (a) A person who directly or indirectly owns, controls or holds with power to vote, 20 percent or more of the outstanding voting securities of the debtor, other than a person who holds the securities: (1) As a fiduciary or agent without sole discretionary power to vote the securities; or (2) Solely to secure a debt, if the person has not exercised the power to vote; (b) A corporation 20 percent or more of whose outstanding voting securities are directly or indirectly owned, controlled or held with power to vote, by the debtor or a person who directly or indirectly owns, controls or holds with power to vote, 20 percent or more of the outstanding voting securities of the debtor, other than a person who holds the securities: (1) As a fiduciary or agent without sole power to vote the securities; or (2) Solely to secure a debt, if the person has not in fact exercised the power to vote; (c) A person whose business is operated by the debtor under a lease or other agreement, or a person substantially all of whose assets are controlled by the debtor; or (d) A person who operates the debtor's business under a lease or other agreement or controls substantially all of the debtor's assets.

2. “Asset” means property of a debtor, but the term does not include: (a) Property to the extent it is encumbered by a valid lien; (b) Property to the extent it is generally exempt under nonbankruptcy law; or (c) An interest in property held in tenancy by the entireties or as community property to the extent it is not subject to process by a creditor holding a claim against only one tenant.

3. “Claim” means a right to payment, whether or not the right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured or unsecured.

4. “Creditor” means a person who has a claim.

5. “Debt” means liability on a claim.

6. “Debtor” means a person who is liable on a claim.

7. “Insider” includes: (a) If the debtor is a natural person: (1) A relative of the debtor or of a general partner of the debtor; (2) A partnership in which the debtor is a general partner; (3) A general partner in a partnership described in subparagraph (2); and (4) A corporation of which the debtor is a director, officer or person in control; (b) If the debtor is a corporation: (1) A director of the debtor; (2) An officer of the debtor; (3) A person in control of the debtor; (4) A partnership in which the debtor is a general partner; (5) A general partner in a partnership described in subparagraph (4); and (6) A relative of a general partner, director, officer or person in control of the debtor; (c) If the debtor is a partnership: (1) A general partner in the debtor; (2) A relative of a general partner in, a general partner of, or a person in control of the debtor; (3) Another partnership in which the debtor is a general partner; (4) A general partner in a partnership described in subparagraph (3); and (5) A person in control of the debtor; (d) An affiliate, or an insider of an affiliate as if the affiliate were the debtor; and (e) A managing agent of the debtor.

8. “Lien” means a charge against or an interest in property to secure payment of a debt or performance of an obligation, and includes a security interest created by agreement, a judicial lien obtained by legal or equitable process or proceedings, a common-law lien and a statutory lien.

9. “Person” includes a government and a governmental subdivision or agency.

10. “Property” means anything that may be the subject of ownership.

11. “Relative” means a natural person related by consanguinity within the third degree as determined by the common law, a spouse, or a natural person related to a spouse within the third degree as so determined, and includes a natural person in an adoptive relationship within the third degree.

12. “Transfer” means every mode, direct or indirect, absolute or conditional, voluntary or involuntary, of disposing of or parting with an asset or an interest in an asset, and includes payment of money, release, lease and creation of a lien or other encumbrance.

13. “Valid lien” means a lien that is effective against the holder of a judicial lien subsequently obtained by legal or equitable process or proceedings.
Nev. Rev. Stat. § 118A.095 — NV Code / Title 10 / Chapter 118A / Section 118A.095
“Federal worker” defined
Status: in_force

“Federal worker” has the meaning ascribed to it in NRS 40.002 .
Nev. Rev. Stat. § 116.4119 — NV Code / Title 10 / Chapter 116 / Section 116.4119
Declarant's obligation to complete and restore
Status: reserved

1. Except for improvements labeled “NEED NOT BE BUILT,” the declarant shall complete all improvements depicted on any site plan or other graphic representation, including any plats or plans prepared pursuant to NRS 116.2109 , whether or not that site plan or other graphic representation is contained in the public offering statement or in any promotional material distributed by or for the declarant.

2. The declarant is subject to liability for the prompt repair and restoration, to a condition compatible with the remainder of the common-interest community, of any portion of the common-interest community affected by the exercise of rights reserved pursuant to or created by NRS 116.211 to 116.2113 , inclusive, 116.2115 or 116.2116 .
Nev. Rev. Stat. § 119.267 — NV Code / Title 10 / Chapter 119 / Section 119.267
Confidentiality of records: Certain criminal and financial records deemed confidential; exceptions
Status: in_force

Except as otherwise provided in NRS 119.265 , unless otherwise ordered by a court, the Division may keep confidential the criminal and financial records of a licensee, permittee or an applicant for a license or permit issued pursuant to this chapter.
Nev. Rev. Stat. § 119A.220 — NV Code / Title 10 / Chapter 119A / Section 119A.220
Sales agents: Association with project broker
Status: in_force

1. A sales agent may work for only one project broker at any one time at the location designated in the license.

2. A project broker shall give written notice to the Division of a change of association of any sales agent associated with the project broker within 10 days after that change.

3. The project broker, upon the termination of the employment of any sales agent associated with the project broker, shall submit that agent's license to the Division.

4. If a sales agent changes his or her association with any project broker or changes his or her location designated in the license, the sales agent must apply to the Division for the reissuance of his or her license for its unexpired term. The application must be accompanied by a fee of $25.

5. A sales agent may only become associated with a project broker who certifies to the sales agent's honesty, trustworthiness and good reputation.
Nev. Rev. Stat. § 115.020 — NV Code / Title 10 / Chapter 115 / Section 115.020
Declaration of homestead: Contents; recording; notice required of person who charges fee for recording declaration; rights not extinguished by certain conveyances; rights of trustee; penalty
Status: in_force

1. The selection must be made by either spouse, or both of them, or the single person, declaring an intention in writing to claim the property as a homestead. The selection may be made on the form prescribed by the Real Estate Division of the Department of Business and Industry pursuant to NRS 115.025 .

2. The declaration must state: (a) When made by a married person or persons, that they or either of them are married, or if not married, that he or she is a householder. (b) When made by a married person or persons, that they or either of them, as the case may be, are, at the time of making the declaration, residing with their family, or with the person or persons under their care and maintenance, on the premises, particularly describing the premises. (c) When made by any claimant under this section, that it is their or his or her intention to use and claim the property as a homestead.

3. The declaration must be signed by the person or persons making it and acknowledged and recorded as conveyances affecting real property are required to be acknowledged and recorded. If the property declared upon as a homestead is the separate property of either spouse, both must join in the execution and acknowledgment of the declaration.

4. If a person solicits another person to allow the soliciting person to file a declaration of homestead on behalf of the other person and charges or accepts a fee or other valuable consideration for recording the declaration of homestead for the other person, the soliciting person shall, before the declaration is recorded or before the fee or other valuable consideration is charged to or accepted from the other person, provide that person with a notice written in bold type which states that: (a) Except for the fee which may be charged by the county recorder for recording a declaration of homestead, a declaration of homestead may be recorded in the county in which the property is located without the payment of a fee; and (b) The person may record the declaration of homestead on his or her own behalf. The notice must clearly indicate the amount of the fee which may be charged by the county recorder for recording a declaration of homestead.

5. The rights acquired by declaring a homestead are not extinguished by the conveyance of the underlying property in trust for the benefit of the person or persons who declared it. A trustee may by similar declaration claim property, held by the trustee, as a homestead for the settlor or for one or more beneficiaries of the trust, or both, if the person or persons for whom the claim is made reside on or in the property.

6. A person who violates the provisions of subsection 4 is guilty of a misdemeanor.
Nev. Rev. Stat. § 116B.670 — NV Code / Title 10 / Chapter 116B / Section 116B.670
Maintenance and availability of books, records and other papers of association: General requirements; provision of copies to units’ owners and Ombudsman; 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 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 116B.600 ; (c) The study of the reserves of the association required to be conducted pursuant to NRS 116B.605 ; 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, except for those records described in subsection 5; and (c) A contract between the association and an attorney.

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, 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, the general record must specify the amount of the fine. (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.

8. The executive board shall not require a unit's owner to pay an amount in excess of $10 per hour to review any books, records, contracts or other papers of the association pursuant to the provisions of this section.
Nev. Rev. Stat. § 119A.530 — NV Code / Title 10 / Chapter 119A / Section 119A.530
Written agreement for management of time-share plan and project; disclosure of certain fees, compensation or other property by manager
Status: in_force

1. During any period in which the developer holds a valid permit and the developer or an affiliate of the developer is the manager, the developer or an affiliate of the developer shall provide for the management of the time-share plan and the project, by a written agreement with the association or, if there is no association, with the owners. The initial term of the agreement must expire upon the first annual meeting of the members of the association or at the end of 5 years, whichever comes first. All succeeding terms of the agreement must be renewed annually unless the manager refuses to renew the agreement or a majority of the members of the association who are entitled to vote, excluding the developer, notifies the manager of its refusal to renew the agreement.

2. The agreement must provide that: (a) The manager or a majority of the owners may terminate the agreement for cause. (b) The resignation of the manager will not be accepted until 90 days after receipt by the association, or if there is no association, by the owners, of the written resignation. (c) A fidelity bond must be delivered by the manager to the association.

3. An agreement entered into or renewed on or after October 1, 2001, must contain a detailed, itemized schedule of all fees, compensation or other property that the manager is entitled to receive for services rendered to the association or any member of the association or otherwise derived from the manager's affiliation with the time-share plan or the project, or both. The manager shall disclose to the association annually and make available electronically to an owner upon request a report describing all fees, compensation or other property that the manager is entitled to receive for services rendered to the association or any member of the association or otherwise derived from the manager's affiliation with the time-share plan or the project, or both.

4. Except as otherwise provided in this subsection, if the developer retains a property interest in the project, the parties to such an agreement must include the developer, the manager and the association. In addition to the provisions required in subsections 1 and 2, the agreement must provide: (a) That the project will be maintained in good condition. Except as otherwise provided in this paragraph, any defect which is not corrected within 10 days after notification by the developer may be corrected by the developer. In an emergency situation, notice is not required. The association must repay the developer for any cost of the repairs plus the legal rate of interest. Each owner must be assessed for his or her share of the cost of repairs. (b) That, if any dispute arises between the developer and the manager or association, either party may request from the American Arbitration Association or the Nevada Arbitration Association a list of seven potential fact finders from which one must be chosen to settle the dispute. The agreement must provide for the method of selecting one fact finder from this list. (c) For the collection of assessments from the owners to pay obligations which may be due to the developer for breach of the covenant to maintain the premises in good condition and repair. If the developer is not made a party to this agreement, the developer shall be considered to be a third-party beneficiary of such an agreement.

5. The provisions of this section and NRS 119A.532 and 119A.534 do not apply to the management of a project located outside of this State.
Nev. Rev. Stat. § 115.050 — NV Code / Title 10 / Chapter 115 / Section 115.050
Execution against homestead
Status: in_force

1. Whenever execution has been issued against the property of a party claiming the property as a homestead, and the creditor in the judgment makes an oath before the judge of the district court of the county in which the property is situated that the amount of equity held by the claimant in the property exceeds, to the best of the creditor's information and belief, the sum of $605,000, the judge shall, upon notice to the debtor, appoint three disinterested and competent persons as appraisers to estimate and report as to the amount of equity held by the claimant in the property and, if the amount of equity exceeds the sum of $605,000, determine whether the property can be divided so as to leave the property subject to the homestead exemption without material injury.

2. If it appears, upon the report, to the satisfaction of the judge that the property can be thus divided, the judge shall order the excess to be sold under execution. If it appears that the property cannot be thus divided, and the amount of equity held by the claimant in the property exceeds the exemption allowed by this chapter, the judge shall order the entire property to be sold, and out of the proceeds the sum of $605,000 to be paid to the defendant in execution, and the excess to be applied to the satisfaction on the execution. No bid under $605,000 may be received by the officer making the sale.

3. When the execution is against a spouse, the judge may direct the $605,000 to be deposited in court, to be paid out only upon the joint receipt of both spouses, and, except as otherwise provided in NRS 115.055 , the deposit possesses all the protection against legal process and voluntary disposition by either spouse as did the original homestead.

4. Except as otherwise provided in NRS 115.055 , if the sum of $605,000 is paid to the defendant in execution pursuant to subsection 2 or to a spouse pursuant to subsection 3, such sum of $605,000 possesses all the protection against legal process and voluntary disposition by the defendant or spouse as did the original homestead.
Nev. Rev. Stat. § 116.3102 — NV Code / Title 10 / Chapter 116 / Section 116.3102
Powers of unit-owners' association; limitations
Status: in_force

1. Except as otherwise provided in this chapter, and subject to the provisions of the declaration, the association: (a) Shall adopt and, except as otherwise provided in the bylaws, may amend bylaws and may adopt and amend rules and regulations. (b) Shall adopt and may amend budgets in accordance with the requirements set forth in NRS 116.31151 , may collect assessments for common expenses from the units' owners and may invest funds of the association in accordance with the requirements set forth in NRS 116.311395 . (c) May hire and discharge managing agents and other employees, agents and independent contractors. (d) May institute, defend or intervene in litigation or in arbitration, mediation or administrative proceedings in its own name on behalf of itself or two or more units' owners on matters affecting the common-interest community. The association may not institute, defend or intervene in litigation or in arbitration, mediation or administrative proceedings in its own name on behalf of itself or units' owners with respect to an action for a constructional defect pursuant to NRS 40.600 to 40.695 , inclusive, unless the action pertains to: (1) Common elements; (2) Any portion of the common-interest community that the association owns; or (3) Any portion of the common-interest community that the association does not own but has an obligation to maintain, repair, insure or replace because the governing documents of the association expressly make such an obligation the responsibility of the association. (e) May make contracts and incur liabilities. Any contract between the association and a private entity for the furnishing of goods or services must not include a provision granting the private entity the right of first refusal with respect to extension or renewal of the contract. (f) May regulate the use, maintenance, repair, replacement and modification of common elements. (g) May cause additional improvements to be made as a part of the common elements. (h) May acquire, hold, encumber and convey in its own name any right, title or interest to real estate or personal property, but: (1) Common elements in a condominium or planned community may be conveyed or subjected to a security interest only pursuant to NRS 116.3112 ; and (2) Part of a cooperative may be conveyed, or all or part of a cooperative may be subjected to a security interest, only pursuant to NRS 116.3112 . (i) May grant easements, leases, licenses and concessions through or over the common elements. (j) May impose and receive any payments, fees or charges for the use, rental or operation of the common elements, other than limited common elements described in subsections 2 and 4 of NRS 116.2102 , and for services provided to the units' owners, including, without limitation, any services provided pursuant to NRS 116.310312 . (k) May impose charges for late payment of assessments pursuant to NRS 116.3115 . (l) May impose construction penalties when authorized pursuant to NRS 116.310305 . (m) May impose reasonable fines for violations of the governing documents of the association only if the association complies with the requirements set forth in NRS 116.31031 . (n) May impose reasonable charges for the preparation and recordation of any amendments to the declaration or any statements of unpaid assessments, and impose reasonable fees, not to exceed the amounts authorized by NRS 116.4109 , for preparing and furnishing the documents and certificate required by that section. (o) May impose a reasonable fee for opening or closing any file for each unit. Such a fee: (1) Must be based on the actual cost the association incurs to open or close any file. (2) Must not exceed $350. Beginning on January 1, 2022, the monetary amount in this subparagraph must be adjusted for each calendar year by adding to each amount the product of the amount multiplied by the percentage increase in the Consumer Price Index (All Items) published by the United States Department of Labor from December 2020 to the December preceding the calendar year for which the adjustment is calculated, but must not increase by more than 3 percent each year. (3) Must not be charged to both the seller and the purchaser of a unit. (4) Except as otherwise provided in this subparagraph and subject to the limitation set forth in subparagraph (2), may increase, on an annual basis, by a percentage equal to the percentage of increase in the Consumer Price Index (All Items) published by the United States Department of Labor for the preceding calendar year. The fee must not increase by more than 3 percent each year. (p) May provide for the indemnification of its officers and executive board and maintain directors and officers liability insurance. (q) May assign its right to future income, including the right to receive assessments for common expenses, but only to the extent the declaration expressly so provides. (r) May exercise any other powers conferred by the declaration or bylaws. (s) May exercise all other powers that may be exercised in this State by legal entities of the same type as the association. (t) Except as otherwise provided in this paragraph, may direct the removal of vehicles improperly parked on property owned or leased by the association, as authorized pursuant to NRS 487.038 , or improperly parked on any road, street, alley or other thoroughfare within the common-interest community in violation of the governing documents. An association may not direct the removal of a vehicle parked on property owned or leased by the association solely because the registration of the vehicle is expired. In addition to complying with the requirements of NRS 487.038 and any requirements in the governing documents, if a vehicle is improperly parked as described in this paragraph, the association must post written notice in a conspicuous place on the vehicle or provide oral or written notice to the owner or operator of the vehicle at least 48 hours before the association may direct the removal of the vehicle, unless the vehicle: (1) Is blocking a fire hydrant, fire lane or parking space designated for the handicapped; or (2) 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. (u) May exercise any other powers necessary and proper for the governance and operation of the association.

2. The declaration may not limit the power of the association to deal with the declarant if the limit is more restrictive than the limit imposed on the power of the association to deal with other persons.

3. The executive board may determine whether to take enforcement action by exercising the association's power to impose sanctions or commence an action for a violation of the declaration, bylaws or rules, including whether to compromise any claim for unpaid assessments or other claim made by or against it. The executive board does not have a duty to take enforcement action if it determines that, under the facts and circumstances presented: (a) The association's legal position does not justify taking any or further enforcement action; (b) The covenant, restriction or rule being enforced is, or is likely to be construed as, inconsistent with current law; (c) Although a violation may exist or may have occurred, it is not so material as to be objectionable to a reasonable person or to justify expending the association's resources; or (d) It is not in the association's best interests to pursue an enforcement action.

4. The executive board's decision under subsection 3 not to pursue enforcement under one set of circumstances does not prevent the executive board from taking enforcement action under another set of circumstances, but the executive board may not be arbitrary or capricious in taking enforcement action.

5. Notwithstanding any provision of this chapter or the governing documents to the contrary, an association may not impose any assessment pursuant to this chapter or the governing documents on the owner of any property in the common-interest community that is exempt from taxation pursuant to NRS 361.125 . For the purposes of this subsection, “assessment” does not include any charge for any utility services, including, without limitation, telecommunications, broadband communications, cable television, electricity, natural gas, sewer services, garbage collection, water or for any other service which is delivered to and used or consumed directly by the property in the common-interest community that is exempt from taxation pursuant to NRS 361.125 .

6. In providing any service or performing any act set forth in paragraph (n) or (o) of subsection 1, an association, or entity related to or acting on behalf of an association, shall not impose on a unit's owner, the authorized agent of a unit's owner, a purchaser or, pursuant to subsection 7 of NRS 116.4109 , the holder of a security interest on a unit, a fee: (a) Not authorized in paragraph (n) or (o), as applicable, of subsection 1; or (b) In an amount which exceeds any limitation provided or set forth in paragraph (n) or (o), as applicable, of subsection 1.
Nev. Rev. Stat. § 116.083 — NV Code / Title 10 / Chapter 116 / Section 116.083
“Residential use” defined
Status: in_force

“ Residential use ” means use as a dwelling or for personal, family or household purposes by ordinary customers, whether rented to particular persons or not. Such uses include marina boat slips, piers, stable or agricultural stalls or pens, campground spaces or plots, parking spaces or garage spaces, storage spaces or lockers and garden plots for individual use, but do not include spaces or units primarily used to derive commercial income from, or provide service to, the public.
Nev. Rev. Stat. § 116B.340 — NV Code / Title 10 / Chapter 116B / Section 116B.340
Allocation of allocated interests
Status: in_force

1. The declaration must allocate to each unit, including any unit owned by the declarant or hotel unit owner, as applicable, a fraction or percentage of undivided interests in the common elements and in the common expenses of the association and a portion of the votes in the association.

2. The declaration may allocate to each residential unit, including any residential unit owned by the declarant or the hotel unit owner, as applicable, a fraction or percentage of the liability for shared expenses and other charges of the hotel unit owner. Unless the declaration provides otherwise, residential units are not allocated an undivided interest in the ownership of the hotel unit or the shared components.

3. The declaration must state the formulas used to establish allocations of interests and to establish each residential unit's allocated liability for shared expenses. Unless the declaration provides otherwise, the formula used to allocate interests and to allocate liability for shared expenses must be based on the square footage of the residential units. Those allocations of interest and allocations of liability for shared expenses must not discriminate in favor of any unit within the condominium hotel.

4. The declaration may provide: (a) That different allocations of votes are made to the units on particular matters specified in the declaration; (b) For cumulative voting only for the purpose of electing members of the executive board; (c) For class voting on specified issues affecting the class if necessary to protect valid interests of the class; (d) For the hotel unit owner's ability to prohibit use of the shared components by residential unit owners or the tenants or guests of the residential unit owners for violation of reasonable rules and regulations as may be established by the hotel unit owner. If the hotel unit owner prohibits use of the shared components, such prohibition may not restrict use of the shared components as is necessary for vehicular or pedestrian ingress or egress to or from the residential unit; and (e) For the hotel unit owner's ability to convey or subject the shared components and the portions of the hotel unit not designated as shared components to a security interest without the approval of other units' owners.

5. Except for minor variations because of rounding, the sum of the liabilities for common expenses allocated at any time to all the units must each equal one if stated as a fraction or 100 percent if stated as a percentage. In the event of discrepancy between an allocated interest and the result derived from application of the pertinent formula, the allocated interest prevails.

6. Except for minor variations because of rounding, the sum of the liabilities for shared expenses allocated at any time to all the residential units must each equal one if stated as a fraction or 100 percent if stated as a percentage. In the event of any discrepancy between a specific residential unit's allocated share of liability for shared expenses and the result derived from the application of the pertinent formula, the specific residential unit's allocation of liability for shared expenses prevails.

7. In a condominium hotel, the common elements are not subject to partition, and any purported conveyance, encumbrance, judicial sale or other voluntary or involuntary transfer of an undivided interest in the common elements made without the unit to which that interest is allocated is void.

8. If units may be added to or withdrawn from the condominium hotel, the declaration must state the formulas to be used to reallocate the allocated interests and the allocations of liability for shared expenses among all units included in the condominium hotel after the addition or withdrawal.
Nev. Rev. Stat. § 116.1206 — NV Code / Title 10 / Chapter 116 / Section 116.1206
Provisions of governing documents in violation of chapter deemed to conform with chapter by operation of law; procedure for certain amendments to governing documents
Status: in_force

1. Any provision contained in a declaration, bylaw or other governing document of a common-interest community that violates the provisions of this chapter: (a) Shall be deemed to conform with those provisions by operation of law, and any such declaration, bylaw or other governing document is not required to be amended to conform to those provisions. (b) Is superseded by the provisions of this chapter, regardless of whether the provision contained in the declaration, bylaw or other governing document became effective before the enactment of the provision of this chapter that is being violated.

2. In the case of amendments to the declaration, bylaws or plats of any common-interest community created before January 1, 1992: (a) If the result accomplished by the amendment was permitted by law before January 1, 1992, the amendment may be made either in accordance with that law, in which case that law applies to that amendment, or it may be made under this chapter; and (b) If the result accomplished by the amendment is permitted by this chapter, and was not permitted by law before January 1, 1992, the amendment may be made under this chapter.

3. An amendment to the declaration, bylaws or plats authorized by this section to be made under this chapter must be adopted in conformity with the applicable provisions of chapter 117 or 278A of NRS and, except as otherwise provided in subsection 8 of NRS 116.2117 , with the procedures and requirements specified by those instruments. If an amendment grants to a person a right, power or privilege permitted by this chapter, any correlative obligation, liability or restriction in this chapter also applies to the person.
Nev. Rev. Stat. § 113.150 — NV Code / Title 10 / Chapter 113 / Section 113.150
Remedies for seller's delayed disclosure or nondisclosure of defects in property; waiver
Status: in_force

1. If a seller or the seller’s agent fails to serve a completed disclosure form in accordance with the requirements of NRS 113.130 , the purchaser may, at any time before the conveyance of the property to the purchaser, rescind the agreement to purchase the property without any penalties.

2. If, before the conveyance of the property to the purchaser, a seller or the seller’s agent informs the purchaser or the purchaser’s agent, through the disclosure form or another written notice, of a defect in the property of which the cost of repair or replacement was not limited by provisions in the agreement to purchase the property, the purchaser may: (a) Rescind the agreement to purchase the property at any time before the conveyance of the property to the purchaser; or (b) Close escrow and accept the property with the defect as revealed by the seller or the seller’s agent without further recourse.

3. Rescission of an agreement pursuant to subsection 2 is effective only if made in writing, notarized and served not later than 4 working days after the date on which the purchaser is informed of the defect: (a) On the holder of any escrow opened for the conveyance; or (b) If an escrow has not been opened for the conveyance, on the seller or the seller’s agent.

4. Except as otherwise provided in subsection 5, if a seller conveys residential property to a purchaser without complying with the requirements of NRS 113.130 or otherwise providing the purchaser or the purchaser’s agent with written notice of all defects in the property of which the seller is aware, and there is a defect in the property of which the seller was aware before the property was conveyed to the purchaser and of which the cost of repair or replacement was not limited by provisions in the agreement to purchase the property, the purchaser is entitled to recover from the seller treble the amount necessary to repair or replace the defective part of the property, together with court costs and reasonable attorney's fees. An action to enforce the provisions of this subsection must be commenced not later than 1 year after the purchaser discovers or reasonably should have discovered the defect or 2 years after the conveyance of the property to the purchaser, whichever occurs later.

5. A purchaser may not recover damages from a seller pursuant to subsection 4 on the basis of an error or omission in the disclosure form that was caused by the seller's reliance upon information provided to the seller by: (a) An officer or employee of this State or any political subdivision of this State in the ordinary course of his or her duties; or (b) A contractor, engineer, land surveyor, certified inspector as defined in NRS 645D.040 or pesticide applicator, who was authorized to practice that profession in this State at the time the information was provided.

6. A purchaser of residential property may waive any of his or her rights under this section. Any such waiver is effective only if it is made in a written document that is signed by the purchaser and notarized.
Nev. Rev. Stat. § 118.195 — NV Code / Title 10 / Chapter 118 / Section 118.195
Notice to tenant of landlord’s belief that property has been abandoned; property deemed abandoned unless disputed by tenant
Status: in_force

1. If a landlord of real property reasonably believes that his or her tenant has abandoned the property, and the tenant is in default in the payment of rent, the landlord may serve the tenant with a written notice of the landlord’s belief that the property has been abandoned. If the tenant fails, within 5 days after service of the notice by the landlord, to: (a) Pay the rent due; and (b) Provide the landlord with a written notice: (1) Stating the tenant’s intention not to abandon the property; and (2) Setting forth an address at which the tenant may be served with legal process, the property shall be deemed abandoned by the tenant and the rental agreement shall be deemed terminated. The property shall not be deemed abandoned if the tenant pays the rent due and provides the written notice within the prescribed time.

2. Real property shall not be deemed abandoned pursuant to this section if the tenant proves that at the time the landlord served notice: (a) The tenant was not in default in the payment of rent; or (b) It was not reasonable for the landlord to believe that the tenant had abandoned the real property. The fact that the landlord knew that the tenant left personal property on the real property does not, of itself, justify a finding that the landlord did not reasonably believe that the tenant had abandoned the real property.

3. The provisions of this section do not preclude a landlord or tenant from otherwise proving that real property has been abandoned.
Nev. Rev. Stat. § 119A.172 — NV Code / Title 10 / Chapter 119A / Section 119A.172
Applicability of provisions relating to real estate brokers and sales agents to certain owners who refer prospective purchasers to developer or association or to employee or agent of developer or association
Status: in_force

The provisions of this chapter and chapter 645 of NRS relating to real estate brokers and sales agents do not apply to an owner, other than a developer, who, for compensation, refers prospective purchasers to a developer or an association or an employee or agent of the developer or association, if the owner:

1. Refers to a developer or an association or an employee or agent of the developer or association, or any combination thereof, not more than 20 prospective purchasers within any 1 calendar year; and

2. Does not discuss with the prospective purchaser the terms and conditions of the purchase or otherwise participate in negotiations relating to the sale of the time share.
Nev. Rev. Stat. § 116.31036 — NV Code / Title 10 / Chapter 116 / Section 116.31036
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, 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: (a) The voting rights of the units' owners will be exercised through the use of secret ballots pursuant to this section: (1) 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. (2) 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. (3) 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 subparagraph must occur before the date for the meeting set by the executive board pursuant to subparagraph (2). (b) The voting rights of the owners of time shares will be exercised by delegates or representatives as set forth in NRS 116.31105 , the executive board shall set the date for the removal election so that the removal election is held not less than 15 days or more than 90 days after the date on which the petition is received. The association shall not adopt any rule or regulation which prevents or unreasonably interferes with the collection of the required percentage of signatures for a petition pursuant to this subsection.

3. Except as otherwise provided in NRS 116.311 or 116.31105 , the removal of any member of the executive board must be conducted by secret ballot in the following manner: (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 common-interest community 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. § 111.655 — NV Code / Title 10 / Chapter 111 / Section 111.655
Short title
Status: in_force

NRS 111.655 to 111.699 , inclusive, may be cited as the Uniform Real Property Transfer on Death Act.
Nev. Rev. Stat. § 116B.305 — NV Code / Title 10 / Chapter 116B / Section 116B.305
Creation of condominium hotels
Status: in_force

A condominium hotel may be created pursuant to this chapter only by recording a declaration executed in the same manner as a deed. The declaration must be recorded in every county in which any portion of the condominium hotel is located and must be indexed in the grantee's index in the name of the condominium hotel and the association and in the grantor's index in the name of each person executing the declaration.
Nev. Rev. Stat. § 118B.157 — NV Code / Title 10 / Chapter 118B / Section 118B.157
Notice to tenants of interruption of utility or service
Status: in_force

A landlord must give his or her tenants at least 24 hours' notice in writing when planned repairs of a utility or a service which the manufactured home park provides will cause interruption of the utility or service.
Nev. Rev. Stat. § 118.100 — NV Code / Title 10 / Chapter 118 / Section 118.100
Prohibited acts and practices
Status: in_force

A person shall not, because of race, religious creed, color, national origin, disability, sexual orientation, gender identity or expression, ancestry, familial status or sex:

1. Refuse to sell or rent or refuse to negotiate for the sale or rental of, or otherwise make unavailable or deny, a dwelling to any person.

2. Discriminate against any person in the terms, conditions or privileges of sale or rental of a dwelling, including the amount of breakage or brokerage fees, deposits or other undue penalties, or in the provision of services or facilities in connection therewith.

3. Make, print or publish, or cause to be made, printed or published, any notice, statement or advertisement with respect to the sale or rental of a dwelling that indicates any preference, limitation or discrimination, or an intention to make any preference, limitation or discrimination. As used in this subsection, “ dwelling ” includes a house, room or unit described in subsection 2 or 3 of NRS 118.060 .

4. Represent to any person because of race, religious creed, color, national origin, disability, sexual orientation, gender identity or expression, ancestry, familial status or sex that any dwelling is not available for inspection, sale or rental when the dwelling is in fact so available.

5. For profit, induce or attempt to induce any person to sell or rent any dwelling by representations regarding the entry or prospective entry into the neighborhood of a person of a particular race, religious creed, color, national origin, disability, sexual orientation, gender identity or expression, ancestry, familial status or sex.

6. Coerce, intimidate, threaten or interfere with any person in the exercise or enjoyment of, or on account of that person having aided or encouraged any other person in the exercise or enjoyment of, any right granted or protected in this chapter.
Nev. Rev. Stat. § 116.675 — NV Code / Title 10 / Chapter 116 / Section 116.675
Appointment of hearing panels; delegation of powers and duties; appeals to Commission
Status: in_force

1. The Commission may appoint one or more hearing panels. Each hearing panel must consist of one or more independent hearing officers. An independent hearing officer may be, without limitation, a member of the Commission or an employee of the Commission.

2. The Commission may by regulation delegate to one or more hearing panels the power of the Commission to conduct hearings and other proceedings, determine violations, impose fines and penalties and take other disciplinary action authorized by the provisions of this chapter.

3. While acting under the authority of the Commission, a hearing panel and its members are entitled to all privileges and immunities and are subject to all duties and requirements of the Commission and its members.

4. A final order of a hearing panel: (a) May be appealed to the Commission if, not later than 20 days after the date that the final order is issued by the hearing panel, any party aggrieved by the final order files a written notice of appeal with the Commission. (b) Must be reviewed and approved by the Commission if, not later than 40 days after the date that the final order is issued by the hearing panel, the Division, upon the direction of the Chair of the Commission, provides written notice to all parties of the intention of the Commission to review the final order.
Nev. Rev. Stat. § 116.061 — NV Code / Title 10 / Chapter 116 / Section 116.061
“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. § 118A.030 — NV Code / Title 10 / Chapter 118A / Section 118A.030
“Abandoned property” defined
Status: in_force

“Abandoned property” means property which is left unattended on the premises after the termination of the tenancy, unless the owner of the property has expressed an intent to return for the property.
Nev. Rev. Stat. § 116B.020 — NV Code / Title 10 / Chapter 116B / Section 116B.020
“Affiliate of a declarant” defined
Status: in_force

“ Affiliate of a declarant ” means any person who controls, is controlled by or is under common control with a declarant. For the purposes of this section:

1. A person “controls” a declarant if the person: (a) Is a general partner, officer, director or employer of the declarant; (b) Directly or indirectly or acting in concert with one or more other persons, or through one or more subsidiaries, owns, controls, holds with power to vote or holds proxies representing, more than 20 percent of the voting interest in the declarant; (c) Controls in any manner the election of a majority of the directors of the declarant; or (d) Has contributed more than 20 percent of the capital of the declarant.

2. A person is controlled by a declarant if the declarant: (a) Is a general partner, officer, director or employer of the person; (b) Directly or indirectly or acting in concert with one or more other persons, or through one or more subsidiaries, owns, controls, holds with power to vote or holds proxies representing, more than 20 percent of the voting interest in the person; (c) Controls in any manner the election of a majority of the directors of the person; or (d) Has contributed more than 20 percent of the capital of the person.

3. Control does not exist if the powers described in this section are held solely as security for an obligation and are not exercised.
Nev. Rev. Stat. § 119B.205 — NV Code / Title 10 / Chapter 119B / Section 119B.205
Requirement to notify Division in writing of certain convictions
Status: in_force

1. A developer shall notify the Division in writing if the developer is convicted of, or enters a plea of guilty, guilty but mentally ill or nolo contendere to, a felony or any crime involving moral turpitude.

2. A developer shall submit the notification required by subsection 1: (a) Not more than 10 days after the conviction or entry of the plea of guilty, guilty but mentally ill or nolo contendere; and (b) When submitting an application to renew a permit issued pursuant to this chapter.
Nev. Rev. Stat. § 111.135 — NV Code / Title 10 / Chapter 111 / Section 111.135
When proof by evidence of handwriting may be taken
Status: in_force

No proof by evidence of the handwriting of the party, and of a subscribing witness, shall be taken, unless the person taking the same shall be satisfied that all the subscribing witnesses to the conveyance are dead, or cannot be had to prove the execution thereof.
Nev. Rev. Stat. § 118B.190 — NV Code / Title 10 / Chapter 118B / Section 118B.190
Notice; holding over
Status: in_force

1. A written agreement between a landlord and tenant for the rental or lease of a manufactured home lot in a manufactured home park in this State, or for the rental or lease of a lot for a recreational vehicle in an area of a manufactured home park in this State other than an area designated as a recreational vehicle lot pursuant to the provisions of subsection 8 of NRS 40.215 , must not be terminated by the landlord except upon notice in writing to the tenant served in the manner provided in NRS 40.280 : (a) Except as otherwise provided in paragraph (b), 5 days in advance if the termination is because the conduct of the tenant constitutes a nuisance as defined in NRS 40.140 or violates a state law or local ordinance. (b) Three days in advance upon the issuance of temporary writ of restitution pursuant to NRS 40.300 on the grounds that a nuisance as defined in NRS 40.140 has occurred in the park by the act of a tenant or any guest, visitor or other member of a tenant's household consisting of any of the following specific activities: (1) Discharge of a weapon. (2) Prostitution. (3) Illegal drug manufacture or use. (4) Child molestation or abuse. (5) Property damage as a result of vandalism. (6) Operating a vehicle while under the influence of alcohol or any other controlled substance. (7) Elder molestation or abuse. (c) Except as otherwise provided in subsection 6, 10 days in advance if the termination is because of failure of the tenant to pay rent, utility charges or reasonable service fees. (d) One hundred eighty days in advance if the termination is because of a change in the use of the land by the landlord pursuant to NRS 118B.180 . (e) Forty-five days in advance if the termination is for any other reason.

2. The landlord shall specify in the notice the reason for the termination of the agreement. The reason relied upon for the termination must be set forth with specific facts so that the date, place and circumstances concerning the reason for the termination can be determined. The termination must be in accordance with the provisions of NRS 118B.200 and reference alone to a provision of that section does not constitute sufficient specificity pursuant to this subsection.

3. The service of such a notice does not enhance the landlord's right, if any, to enter the tenant's manufactured home. Except in an emergency, the landlord shall not enter the manufactured home of the tenant served with such a notice without the tenant's permission or a court order allowing the entry.

4. If a tenant remains in possession of the manufactured home lot after expiration of the term of the rental agreement, the tenancy is from week to week in the case of a tenant who pays weekly rent, and in all other cases the tenancy is from month to month. The tenant's continued occupancy is on the same terms and conditions as were contained in the rental agreement unless specifically agreed otherwise in writing.

5. The landlord and tenant may agree to a specific date for termination of the agreement. If any provision of this chapter specifies a period of notice which is longer than the period of a particular tenancy, the required length of the period of notice is controlling.

6. Notwithstanding any provision of NRS 40.215 to 40.425 , inclusive, if a tenant who is not a natural person has received three notices for nonpayment of rent in accordance with subsection 1, the landlord is not required to give the tenant a further 10-day notice in advance of termination if the termination is because of failure to pay rent, utility charges or reasonable service fees.
Nev. Rev. Stat. § 117.080 — NV Code / Title 10 / Chapter 117 / Section 117.080
Other liens
Status: in_force

No labor performed or services or materials furnished with the consent of or at the request of a condominium owner or his or her agent or his or her contractor or subcontractor shall be the basis for the filing of a lien against the condominium of any other condominium owner, or against any part thereof, or against any other property of any other condominium owner, unless such other owner has expressly consented to or requested the performance of such labor or furnishing of such materials or services. Such express consent shall be deemed to have been given by the owner of any condominium in the case of emergency repairs thereto. Labor performed or services or materials furnished for the common areas, if duly authorized by a management body provided for in a declaration of restrictions governing the property, shall be deemed to be performed or furnished with the express consent of each condominium owner. The owner of any condominium may remove his or her condominium from a lien against two or more condominiums or any part thereof by payment to the holder of the lien of the fraction of the total sum secured by such lien which is attributable to his or her condominium.
Nev. Rev. Stat. § 116.4111 — NV Code / Title 10 / Chapter 116 / Section 116.4111
Release of liens
Status: in_force

1. In the case of a sale of a unit where delivery of a public offering statement is required pursuant to subsection 3 of NRS 116.4102 , a seller: (a) Before conveying a unit, shall record or furnish to the purchaser releases of all liens, except liens on real estate that a declarant has the right to withdraw from the common-interest community, that the purchaser does not expressly agree to take subject to or assume and that encumber: (1) In a condominium, that unit and its interest in the common elements; and (2) In a cooperative or planned community, that unit and any limited common elements assigned thereto; or (b) Shall provide a surety bond against the lien as provided for liens on real estate in NRS 108.2413 to 108.2425 , inclusive.

2. Before conveying real estate to the association, the declarant shall have that real estate released from: (a) All liens the foreclosure of which would deprive units' owners of any right of access to or easement of support of their units; and (b) All other liens on that real estate unless the public offering statement describes certain real estate that may be conveyed subject to liens in specified amounts.
Nev. Rev. Stat. § 116A.410 — NV Code / Title 10 / Chapter 116A / Section 116A.410
Regulations governing certificates issued to community managers; temporary certificates; fees
Status: in_force

1. The Commission shall by regulation provide for the issuance by the Division of certificates. The regulations: (a) Must establish the qualifications for the issuance of such a certificate, including, without limitation, the education and experience required to obtain such a certificate. The regulations must include, without limitation, provisions that: (1) Provide for the issuance of a temporary certificate for a 1-year period to a person who: (I) Holds a professional designation in the field of management of a common-interest community from a nationally recognized organization; (II) Provides evidence that the person has been engaged in the management of a common-interest community for at least 5 years; and (III) Has not been the subject of any disciplinary action in another state in connection with the management of a common-interest community. (2) Except as otherwise provided in subparagraph (3), provide for the issuance of a temporary certificate for a 1-year period to a person who: (I) Receives an offer of employment as a community manager from an association or its agent; and (II) Has management experience determined to be sufficient by the executive board of the association or its agent making the offer in sub-subparagraph (I). The executive board or its agent must have sole discretion to make the determination required in this sub-subparagraph. (3) Require a temporary certificate described in subparagraph (2) to expire before the end of the 1-year period if the certificate holder ceases to be employed by the association, or its agent, which offered the person employment as described in subparagraph (2). (4) Require a person who is issued a temporary certificate as described in subparagraph (1) or (2) to successfully complete not less than 18 hours of instruction relating to the Uniform Common-Interest Ownership Act within the 1-year period. (5) Provide for the issuance of a certificate at the conclusion of the 1-year period if the person: (I) Has successfully completed not less than 18 hours of instruction relating to the Uniform Common-Interest Ownership Act; and (II) Has not been the subject of any disciplinary action pursuant to this chapter or chapter 116 of NRS or any regulations adopted pursuant thereto. (6) Provide that a temporary certificate described in subparagraph (1) or (2) and a certificate described in subparagraph (5): (I) Must authorize the person who is issued a temporary certificate described in subparagraph (1) or (2) or certificate described in subparagraph (5) to act in all respects as a community manager and exercise all powers available to any other community manager without regard to experience; and (II) Must not be treated as a limited, restricted or provisional form of a certificate. (b) May require applicants to pass an examination in order to obtain a certificate other than a temporary certificate described in paragraph (a). If the regulations require such an examination, the Commission shall by regulation establish fees to pay the costs of the examination, including any costs which are necessary for the administration of the examination. (c) Must establish a procedure for a person who was previously issued a certificate and who no longer holds a certificate to reapply for and obtain a new certificate without undergoing any period of supervision under another community manager, regardless of the length of time that has passed since the person last acted as a community manager. (d) Must establish the grounds for initiating disciplinary action against a person to whom a certificate has been issued, including, without limitation, the grounds for placing conditions, limitations or restrictions on a certificate and for the suspension or revocation of a certificate. (e) Must establish rules of practice and procedure for conducting disciplinary hearings. (f) Must establish the qualifications for the renewal of a certificate, including, without limitation, the hours of continuing education required to obtain such a renewal. The regulations must include, without limitation, provisions that: (1) Require the certificate to be renewed biennially. (2) Authorize the satisfaction of not more than 5 of the required hours of continuing education, which must be designated as instruction relating to the provisions of this chapter and chapter 116 of NRS and any regulations adopted pursuant thereto, in increments of 1 hour, within the 2 years immediately preceding the date on which the certificate expires by: (I) Observation of a disciplinary hearing conducted by the Commission, the hours of attendance at which may be used to fulfill any hours of instruction relating to federal, state or local laws and regulations applicable to the management of a common-interest community the Commission may require; or (II) With the permission of the parties involved, attendance as an observer at any mediation, arbitration or other process of alternative dispute resolution arising from a claim which is within the jurisdiction of the Division.

2. The Division may collect a fee for the issuance of a certificate in an amount not to exceed the administrative costs of issuing the certificate.

3. As used in this section, “ management experience ” means experience in a position in business or government, including, without limitation, in the military: (a) In which the person holding the position was required, as part of holding the position, to engage in one or more management activities, including, without limitation, supervision of personnel, development of budgets or financial plans, protection of assets, logistics, management of human resources, development or training of personnel, public relations, or protection or maintenance of facilities; and (b) Without regard to whether the person holding the position has any experience managing or otherwise working for an association.
Nev. Rev. Stat. § 111.683 — NV Code / Title 10 / Chapter 111 / Section 111.683
Effective without notice or consideration
Status: in_force

A deed upon death is effective without:

1. Notice or delivery to or acceptance by the beneficiary or beneficiaries; or

2. Consideration.
Nev. Rev. Stat. § 119A.233 — NV Code / Title 10 / Chapter 119A / Section 119A.233
Provisional sales agents: Qualifications; employment with project broker
Status: in_force

1. The Division shall issue a provisional sales agent's license for an applicant who submits: (a) A complete application for a sales agent's license in compliance with NRS 119A.210 and applicable regulations; (b) A written statement of acknowledgment from the project broker who will employ the applicant that: (1) The project broker has obtained a report on the background of the applicant from a licensed private investigator or other reputable source acceptable to the Division; (2) The project broker is satisfied that the applicant has a reputation for honesty, trustworthiness and competence; and (3) There is a written agreement between the project broker and the applicant in which the applicant states that he or she understands and agrees that his or her employment in a position as a provisional sales agent will be terminated if the Division denies his or her application for a sales agent's license; and (c) A copy of the report described in subparagraph (1) of paragraph (b), which must demonstrate that the applicant has not been convicted of, or pleaded guilty, guilty but mentally ill or nolo contendere to, any crime that would be grounds for the Division to deny the application for a sales agent's license pursuant to this chapter or any regulations adopted pursuant thereto.

2. The Division shall issue a provisional license to the project broker for an applicant upon verifying the applicant's complete submission of all the required items set forth in subsection 1.
Nev. Rev. Stat. § 116.1209 — NV Code / Title 10 / Chapter 116 / Section 116.1209
Other exempt real estate arrangements; other exempt covenants
Status: in_force

1. An agreement between the associations for two or more common-interest communities to share the costs of real estate taxes, insurance premiums, services, maintenance or improvements of real estate or other activities specified in the agreement or declarations does not create a separate common-interest community. If the declarants of the common-interest communities are affiliates, the agreement may not unreasonably allocate the costs among those common-interest communities.

2. An agreement between an association and the owner of real estate that is not part of a common-interest community to share the costs of real estate taxes, insurance premiums, services, maintenance or improvements of real estate, or other activities specified in the agreement, does not create a separate common-interest community. However, the assessments against the units in the common-interest community required by the agreement must be included in the periodic budget for the common-interest community, and the agreement must be disclosed in all public offering statements and resale certificates required by this chapter.

3. An agreement between the owners of separately owned parcels of real estate to share costs or other obligations associated with a party wall, road, driveway or well or other similar use does not create a common-interest community unless the owners otherwise agree.

4. As used in this section, “ party wall ” means any wall or fence constructed along the common boundary line between parcels. The term does not include any shared building structure systems, including, without limitation, foundations, walls and roof structures.
Nev. Rev. Stat. § 119.325 — NV Code / Title 10 / Chapter 119 / Section 119.325
Grounds for imposing fine or suspending, revoking, denying renewal of or placing conditions upon property report, permit, partial registration, exemption or license
Status: in_force

The Administrator may impose a fine or suspend, revoke, deny the renewal of or place conditions upon the property report, permit, partial registration, exemption or license issued pursuant to this chapter of a developer at any time if:

1. The developer obtained the property report, permit, partial registration, exemption or license by false or fraudulent representation; or

2. The developer violates any of the terms or conditions of the property report, permit, partial registration, exemption or license, the provisions of this chapter or the regulations adopted pursuant thereto.

The Administrator shall not impose a fine of more than $5,000 pursuant to this section.
Nev. Rev. Stat. § 111.717 — NV Code / Title 10 / Chapter 111 / Section 111.717
“Held in beneficiary form” defined
Status: in_force

“ Held in beneficiary form ” means the holding of property which has been registered in beneficiary form or another writing that names the owner of the property followed by a transfer-on-death direction and the designation of a beneficiary.
Nev. Rev. Stat. § 116A.260 — NV Code / Title 10 / Chapter 116A / Section 116A.260
Maintenance by Real Estate Division of record of complaints, investigations and denials of applications
Status: in_force

The Division shall maintain in each district office a public docket or other record in which it shall record, from time to time as made:

1. The rulings or decisions upon all complaints filed with that district office.

2. All investigations instituted by that district office in the first instance, upon or in connection with which any hearing has been held, or in which the person charged has made no defense.

3. Denials of applications made to that district office for examination, registration or issuance of a certificate.
Nev. Rev. Stat. § 116.2122 — NV Code / Title 10 / Chapter 116 / Section 116.2122
Addition of unspecified real estate
Status: reserved

In a planned community, if the right is originally reserved in the declaration, the declarant, in addition to any other developmental right, may amend the declaration at any time during as many years as are specified in the declaration for adding additional real estate to the planned community without describing the location of that real estate in the original declaration; but the amount of real estate added to the planned community pursuant to this section may not exceed 10 percent of the real estate described in paragraph (c) of subsection 1 of NRS 116.2105 and the declarant may not in any event increase the number of units in the planned community beyond the number stated in the original declaration pursuant to paragraph (d) of that subsection.
Nev. Rev. Stat. § 119A.358 — NV Code / Title 10 / Chapter 119A / Section 119A.358
Creation and maintenance of website through which licenses, permits 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 license, permit or registration issued pursuant to the provisions of this chapter may be renewed; and

2. For each license, permit 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.025 — NV Code / Title 10 / Chapter 116B / Section 116B.025
“Allocated interests” defined
Status: in_force

“ Allocated interests ” means the undivided interest in the common elements, the liability for common expenses and votes in the association, but, except as otherwise provided in the declaration, not in the shared components or the hotel unit.
Nev. Rev. Stat. § 120A.590 — NV Code / Title 10 / Chapter 120A / Section 120A.590
Custody by State; recovery by holder; defense of holder
Status: in_force

1. For the purposes of this section, payment or delivery is made in “good faith” if: (a) Payment or delivery was made in a reasonable attempt to comply with this chapter; (b) The holder was not then in breach of a fiduciary obligation with respect to the property and had a reasonable basis for believing, based on the facts then known, that the property was presumed abandoned; and (c) There is no showing that the records under which the payment or delivery was made did not meet reasonable commercial standards of practice.

2. Upon payment or delivery of property to the Administrator, the State assumes custody and responsibility for the safekeeping of the property. A holder who pays or delivers property to the Administrator in good faith is relieved of all liability arising thereafter with respect to the property.

3. A holder who has paid money to the Administrator pursuant to this chapter may subsequently file a claim for reimbursement from the Administrator of the amount paid if the holder: (a) Paid the money in error; or (b) After paying the money to the Administrator, paid money to a person who the holder reasonably believed to be entitled to payment.

4. If a claim for reimbursement pursuant to this section is filed for a payment made on a negotiable instrument, including a traveler's check, money order or similar instrument, the holder must submit proof that the instrument was duly presented and that payment was made to a person who the holder reasonably believed to be entitled to payment. The holder may claim reimbursement even if the payment was made to a person whose claim was made after the expiration of a period of limitation on the owner's right to receive or recover property, whether specified by contract, statute or court order.

5. A holder who has delivered property other than money to the Administrator pursuant to this chapter may file a claim for return of the property from the Administrator if: (a) The holder delivered the property in error; or (b) The apparent owner has claimed the property from the holder.

6. If a claim for return of property pursuant to subsection 5 is filed, the holder must include with the claim evidence sufficient to establish that the apparent owner has claimed the property from the holder or that the property was delivered by the holder to the Administrator in error.

7. The Administrator may determine that an affidavit submitted by a holder is evidence sufficient to establish that the holder is entitled to reimbursement or to recover property pursuant to this section.

8. A holder is not required to pay a fee or other charge for reimbursement or return of property pursuant to this section.

9. A holder otherwise entitled to reimbursement must be reimbursed for payment made even if the payment was made to a person whose claim was barred under subsection 1 of NRS 120A.680 .

10. A holder who has delivered property other than money to the Administrator pursuant to this chapter may reclaim the property if it is still in the possession of the Administrator, without paying any fee or other charge, upon filing proof that the apparent owner has claimed the property from the holder.

11. The Administrator may accept a holder's affidavit as sufficient proof of the holder's right to recover money and property under this section.

12. If a holder pays or delivers property to the Administrator in good faith and thereafter another person claims the property from the holder or another state claims the money or property under its laws relating to escheat or abandoned or unclaimed property, the Administrator, upon written notice of the claim, shall defend the holder against the claim and indemnify the holder against any liability on the claim resulting from payment or delivery of the property to the Administrator.

13. Property removed from a safe-deposit box or other safekeeping depository is received by the Administrator subject to the holder's right to be reimbursed for the cost of the opening and to any valid lien or contract providing for the holder to be reimbursed for unpaid rent or storage charges. The Administrator shall reimburse the holder out of the proceeds remaining after deducting the expense incurred by the Administrator in selling the property.