reglab/housing_qa huggingface dataset:
NV Rev Stat § 116.3111 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.3111 - Tort and contract liability.

  1. A unit’s owner is not liable, solely by reason of being a unit’s owner, for an injury or damage arising out of the condition or use of the common elements. Neither the association nor any unit’s owner except the declarant is liable for that declarant’s torts in connection with any part of the common-interest community which that declarant has the responsibility to maintain.   2. An action alleging a wrong done by the association, including, without limitation, an action arising out of the condition or use of the common elements, may be maintained only against the association and not against any unit’s owner. If the wrong occurred during any period of declarant’s control and the association gives the declarant reasonable notice of and an opportunity to defend against the action, the declarant who then controlled the association is liable to the association or to any unit’s owner for all tort losses not covered by insurance suffered by the association or that unit’s owner, and all costs that the association would not have incurred but for a breach of contract or other wrongful act or omission. Whenever the declarant is liable to the association under this section, the declarant is also liable for all expenses of litigation, including reasonable attorney’s fees, incurred by the association.  3. Except as otherwise provided in subsection 4 of NRS 116.4116 with respect to warranty claims, any statute of limitation affecting the association’s right of action against a declarant under this section is tolled until the period of declarant’s control terminates. A unit’s owner is not precluded from maintaining an action contemplated by this section because he or she is a unit’s owner or a member or officer of the association. Liens resulting from judgments against the association are governed by NRS 116.3117.  (Added to NRS by 1991, 563; A 2011, 2444)
NV Rev Stat § 116.31133 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.31133 - Insurance: Policies; use of proceeds; certificates or memoranda of insurance.

  1. Insurance policies carried pursuant to NRS 116.3113 must provide that:  (a) Each unit’s owner is an insured person under the policy with respect to liability arising out of the unit’s owner’s interest in the common elements or membership in the association;  (b) The insurer waives its right to subrogation under the policy against any unit’s owner or member of his or her household;  (c) No act or omission by any unit’s owner, unless acting within the scope of his or her authority on behalf of the association, voids the policy or is a condition to recovery under the policy; and  (d) If, at the time of a loss under the policy, there is other insurance in the name of a unit’s owner covering the same risk covered by the policy, the association’s policy provides primary insurance.  2. Any loss covered by the property policy under subsections 1 and 2 of NRS 116.3113 must be adjusted with the association, but the proceeds for that loss are payable to any insurance trustee designated for that purpose, or otherwise to the association, and not to any holder of a security interest. The insurance trustee or the association shall hold any insurance proceeds in trust for the association, units’ owners and lienholders as their interests may appear. Subject to NRS 116.31135, the proceeds must be disbursed first for the repair or restoration of the damaged property, and the association, units’ owners, and lienholders are not entitled to receive payment of any portion of the proceeds unless there is a surplus of proceeds after the property has been completely repaired or restored, or the common-interest community is terminated.  3. An insurer that has issued an insurance policy under this section shall issue certificates or memoranda of insurance to the association and, upon written request, to any unit’s owner or holder of a security interest. The insurer issuing the policy may not cancel or refuse to renew it until 30 days after notice of the proposed cancellation or nonrenewal has been mailed to the association, each unit’s owner and each holder of a security interest to whom a certificate or memorandum of insurance has been issued at their respective last known addresses.  (Added to NRS by 1991, 565; A 2003, 1210; 2011, 2445)
NV Rev Stat § 116.31135 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.31135 - Insurance: Repair or replacement of damaged or destroyed portion of community.

  1. Any portion of the common-interest community for which insurance is required under NRS 116.3113 which is damaged or destroyed must be repaired or replaced promptly by the association unless:  (a) The common-interest community is terminated, in which case NRS 116.2118, 116.21183 and 116.21185 apply;  (b) Repair or replacement would be illegal under any state or local statute or ordinance governing health or safety; or  (c) Eighty percent of the units’ owners, including every owner of a unit or assigned limited common element that will not be rebuilt, vote not to rebuild.  2. The cost of repair or replacement in excess of insurance proceeds, deductibles and reserves is a common expense. If the entire common-interest community is not repaired or replaced:  (a) The insurance proceeds attributable to the damaged common elements must be used to restore the damaged area to a condition compatible with the remainder of the common-interest community; and  (b) Except to the extent that other persons will be distributees:  (1) The insurance proceeds attributable to units and limited common elements that are not rebuilt must be distributed to the owners of those units and the owners of the units to which those limited common elements were allocated, or to lienholders, as their interests may appear; and  (2) The remainder of the proceeds must be distributed to all the units’ owners or lienholders, as their interests may appear, as follows:  (I) In a condominium, in proportion to the interests of all the units in the common elements; and  (II) In a cooperative or planned community, in proportion to the liabilities of all the units for common expenses.  3. If the units’ owners vote not to rebuild any unit, that unit’s allocated interests are automatically reallocated upon the vote as if the unit had been condemned under subsection 1 of NRS 116.1107, and the association promptly shall prepare, execute and record an amendment to the declaration reflecting the reallocations.  (Added to NRS by 1991, 566; A 1993, 2370; 2011, 2446)
NV Rev Stat § 116.31138 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.31138 - Insurance: Variance or waiver of provisions in community restricted to nonresidential use.

The provisions of NRS 116.3113, 116.31133 and 116.31135 may be varied or waived in the case of a common-interest community all of whose units are restricted to nonresidential use.  (Added to NRS by 1991, 567)
NV Rev Stat § 116.311395 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.311395 - Funds of association to be deposited or invested at certain financial institutions.

  1. Except as otherwise provided in subsection 2, an association, a member of the executive board, or a community manager shall deposit or invest all funds of the association at a financial institution which:  (a) Is located in this State;  (b) Is qualified to conduct business in this State; or  (c) Has consented to be subject to the jurisdiction, including the power to subpoena, of the courts of this State and the Division.  2. Except as otherwise provided by the governing documents, in addition to the requirements of subsection 1, an association shall deposit, maintain and invest all funds of the association:  (a) In a financial institution whose accounts are insured by the Federal Deposit Insurance Corporation, the National Credit Union Share Insurance Fund or the Securities Investor Protection Corporation;  (b) With a private insurer approved pursuant to NRS 672.755; or  (c) In a government security backed by the full faith and credit of the Government of the United States.  3. The Commission shall adopt regulations prescribing the contents of the declaration to be executed and signed by a financial institution located outside of this State to submit to consent to the jurisdiction of the courts of this State and the Division.  (Added to NRS by 2009, 1733)
NV Rev Stat § 116.3114 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.3114 - Surplus funds.

Unless otherwise provided in the declaration, any surplus funds of the association remaining after payment of or provision for common expenses and any prepayment of reserves must be paid to the units’ owners in proportion to their liabilities for common expenses or credited to them to reduce their future assessments for common expenses.  (Added to NRS by 1991, 567)
NV Rev Stat § 116.31142 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.31142 - Preparation and presentation of financial statements.

  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.  (Added to NRS by 2005, 2584)
NV Rev Stat § 116.31144 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.31144 - Audit and review of financial statements.

  1. Except as otherwise provided in subsection 2, the executive board shall:  (a) If the annual budget of the association is $45,000 or more but less than $75,000, cause the financial statement of the association to be reviewed by an independent certified public accountant during the year immediately preceding the year in which a study of the reserves of the association is to be conducted pursuant to NRS 116.31152.  (b) If the annual budget of the association is $75,000 or more but less than $150,000, cause the financial statement of the association to be reviewed by an independent certified public accountant every fiscal year.  (c) If the annual budget of the association is $150,000 or more, cause the financial statement of the association to be audited by an independent certified public accountant every fiscal year.  2. Except as otherwise provided in this subsection, for any fiscal year, the executive board of an association shall cause the financial statement for that fiscal year to be audited by an independent certified public accountant if, within 180 days before the end of the fiscal year, 15 percent of the total number of voting members of the association submit a written request for such an audit. The provisions of this subsection do not apply to an association described in paragraph (c) of subsection 1.  3. The Commission shall adopt regulations prescribing the requirements for the auditing or reviewing of financial statements of an association pursuant to this section. Such regulations must include, without limitation:  (a) The qualifications necessary for a person to audit or review financial statements of an association; and  (b) The standards and format to be followed in auditing or reviewing financial statements of an association.  (Added to NRS by 2005, 2584; A 2009, 462; 2011, 988)
NV Rev Stat § 116.31153 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.31153 - Signatures required for withdrawals of certain association funds; exceptions.

  1. Money in the reserve account of an association required by paragraph (b) of subsection 2 of NRS 116.3115 may not be withdrawn without the signatures of at least two members of the executive board or the signatures of at least one member of the executive board and one officer of the association who is not a member of the executive board.  2. Except as otherwise provided in subsection 3, money in the operating account of an association may not be withdrawn without the signatures of at least one member of the executive board or one officer of the association and a member of the executive board, an officer of the association or the community manager.  3. Money in the operating account of an association may be withdrawn without the signatures required pursuant to subsection 2 to:  (a) Transfer money to the reserve account of the association at regular intervals;  (b) Make automatic payments for utilities;  (c) Make an electronic transfer of money to a state agency pursuant to NRS 353.1467; or  (d) Make an electronic transfer of money to the United States Government, or any agency thereof, pursuant to any federal law requiring transfers of money to be made by an electronic means authorized by the United States Government or the agency thereof.  4. An association may use electronic signatures to withdraw money in the operating account of the association if:  (a) The electronic transfer of money is made pursuant to a written agreement entered into between the association and the financial institution where the operating account of the association is maintained;  (b) The executive board has expressly authorized the electronic transfer of money; and  (c) The association has established internal accounting controls which comply with generally accepted accounting principles to safeguard the assets of the association.  5. As used in this section, "electronic transfer of money" has the meaning ascribed to it in NRS 353.1467.  (Added to NRS by 1999, 2995; A 2009, 2927; 2011, 1879)
NV Rev Stat § 116.31158 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.31158 - Registration of associations with Ombudsman; contents of form for registration.

  1. Each association shall, at the time it pays the fee required by NRS 116.31155, register with the Ombudsman on a form prescribed by the Ombudsman.  2. The form for registration must include, without limitation, the information required to be maintained pursuant to paragraph (e) of subsection 4 of NRS 116.625.  (Added to NRS by 1999, 2996; A 2003, 2243)
NV Rev Stat § 116.31163 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.31163 - Foreclosure of liens: Mailing of notice of default and election to sell to certain interested persons.

The association or other person conducting the sale shall also mail, within 10 days after the notice of default and election to sell is recorded, a copy of the notice by certified mail to:  1. Each person who has requested notice pursuant to NRS 116.31168; and  2. Each holder of a recorded security interest encumbering the unit’s owner’s interest which was recorded before the recordation of the notice of default, 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.  (Added to NRS by 1993, 2355; A 2005, 2609; 2015, 1339, 1541)
NV Rev Stat § 116.31168 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.31168 - Foreclosure of liens: Requests by interested persons for notice of default and election to sell or notice of sale.

  1. A person with an interest or any other person who is or may be held liable for any amounts which are the subject of the association’s lien pursuant to NRS 116.3116 or the servicer of a loan secured by a deed of trust or mortgage on real property which is subject to such lien desiring a copy of a notice of default and election to sell or notice of sale under the association’s lien may record in the office of the county recorder of the county in which any part of the real property is situated an acknowledged request for a copy of the notice of default and election to sell or the notice of sale. The request must state:  (a) The name and address of the person requesting copies of the notices;  (b) A legal description of the unit in which the person has an interest or the assessor’s parcel number of that unit; and  (c) The names of the unit’s owner and the common-interest community.  2. The association or other person authorized to record the notice of default and election to sell shall, within 10 days after the notice is recorded and mailed pursuant to NRS 116.31162, cause to be deposited in the United States mail an envelope, registered or certified, return receipt requested and with postage prepaid, containing a copy of the notice, addressed to each person who has recorded a request for a copy of the notice.  3. The association or other person authorized to make the sale shall, at least 20 days before the date of sale, cause to be deposited in the United States mail an envelope, registered or certified, return receipt requested and with postage prepaid, containing a copy of the notice of time and place of sale, addressed to each person described in subsection 2.  4. As used in this section, "person with an interest" means any person who has or claims any right, title or interest in, or lien or charge upon, a unit being foreclosed pursuant to NRS 116.31162 to 116.31168, inclusive.  (Added to NRS by 1991, 570; A 1993, 2373; 2015, 1344; 2019, 1381)
NV Rev Stat § 116.3117 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.3117 - Liens against association.

  1. In a condominium or planned community:  (a) Except as otherwise provided in paragraph (b), a judgment for money against the association, if a copy of the docket or an abstract or copy of the judgment is recorded, is not a lien on the common elements, but is a lien in favor of the judgment lienholder against all of the other real property of the association and all of the units in the common-interest community at the time the judgment was entered. No other property of a unit’s owner is subject to the claims of creditors of the association.  (b) If the association has granted a security interest in the common elements to a creditor of the association pursuant to NRS 116.3112, the holder of that security interest shall exercise its right against the common elements before its judgment lien on any unit may be enforced.  (c) Whether perfected before or after the creation of the common-interest community, if a lien, other than a deed of trust or mortgage, including a judgment lien or lien attributable to work performed or materials supplied before creation of the common-interest community, becomes effective against two or more units, the owner of an affected unit may pay to the lienholder the amount of the lien attributable to his or her unit, and the lienholder, upon receipt of payment, promptly shall deliver a release of the lien covering that unit. The amount of the payment must be proportionate to the ratio which that owner’s liability for common expenses bears to the liabilities for common expenses of all owners whose units are subject to the lien. After payment, the association may not assess or have a lien against that owner’s unit for any portion of the common expenses incurred in connection with that lien.  (d) A judgment against the association must be indexed in the name of the common-interest community and the association and, when so indexed, is notice of the lien against the units.  2. In a cooperative:  (a) If the association receives notice of an impending foreclosure on all or any portion of the association’s real estate, the association shall promptly transmit a copy of that notice to each owner of a unit located within the real estate to be foreclosed. Failure of the association to transmit the notice does not affect the validity of the foreclosure.  (b) Whether an owner’s unit is subject to the claims of the association’s creditors, no other property of an owner is subject to those claims.  (Added to NRS by 1993, 2355; A 2011, 2450)
NV Rev Stat § 116.3118 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.3118 - Maintenance and availability of certain financial records necessary to provide information required for resale of units; right of units’ owners to inspect, examine, photocopy and audit records of association.

  1. The association shall keep financial records sufficiently detailed to enable the association to comply with NRS 116.4109.  2. All financial and other records of the association must be:  (a) Maintained and made available for review at the business office of the association or some other suitable location within the county where the common-interest community is situated or, if it is situated in more than one county, within one of those counties; and   (b) Made reasonably available for any unit’s owner and his or her authorized agents to inspect, examine, photocopy and audit.  (Added to NRS by 1991, 571; A 1995, 2231; 2003, 2247)
NV Rev Stat § 116.31183 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.31183 - Retaliatory action prohibited; separate action by unit’s owner.

  1. An executive board, a member of an executive board, a community manager or an officer, employee or agent of an association shall not take, or direct or encourage another person to take, any retaliatory action against a unit’s owner because the unit’s owner has:  (a) Complained in good faith about any alleged violation of any provision of this chapter or the governing documents of the association;  (b) Recommended the selection or replacement of an attorney, community manager or vendor; or  (c) Requested in good faith to review the books, records or other papers of the association.  2. In addition to any other remedy provided by law, upon a violation of this section, a unit’s owner may bring a separate action to recover:  (a) Compensatory damages; and  (b) Attorney’s fees and costs of bringing the separate action.  (Added to NRS by 2003, 2218; A 2009, 2808, 2895)
NV Rev Stat § 116.31184 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.31184 - Threats, harassment and other conduct prohibited; penalty.

  1. A community manager, an agent or employee of the community manager, a member of the executive board, an officer, employee or agent of an association, a unit’s owner or a guest or tenant of a unit’s owner shall not willfully and without legal authority threaten, harass or otherwise engage in a course of conduct against any other person who is the community manager of his or her common-interest community or an agent or employee of that community manager, a member of the executive board of his or her association, an officer, employee or agent of his or her association, another unit’s owner in his or her common-interest community or a guest or tenant of a unit’s owner in his or her common-interest community which:  (a) Causes harm or serious emotional distress, or the reasonable apprehension thereof, to that person; or  (b) Creates a hostile environment for that person.  2. A person who violates the provisions of subsection 1 is guilty of a misdemeanor.  (Added to NRS by 2013, 2529)