reglab/housing_qa huggingface dataset:
NV Rev Stat § 116.21185 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.21185 - Respective interests of units’ owners following termination.

The respective interests of units’ owners referred to in subsections 5, 6 and 7 of NRS 116.2118 and in NRS 116.21183 are as follows:  1. Except as otherwise provided in subsection 2, the respective interests of units’ owners are the fair market values of their units, allocated interests, and any limited common elements immediately before the termination, as determined by one or more independent appraisers selected by the association. The decision of the independent appraisers must be distributed to the units’ owners and becomes final unless disapproved within 30 days after distribution by units’ owners to whom 25 percent of the votes in the association are allocated. The proportion of interest of any unit’s owner to that of all units’ owners is determined by dividing the fair market value of that unit and its allocated interests by the total fair market values of all the units and their allocated interests.  2. If any unit or any limited common element is destroyed to the extent that an appraisal of the fair market value thereto before destruction cannot be made, the interests of all units’ owners are:  (a) In a condominium, their respective interests in the common elements immediately before the termination;  (b) In a cooperative, their respective ownerships immediately before the termination; and  (c) In a planned community, their respective liabilities for common expenses immediately before the termination.  (Added to NRS by 1991, 553)
NV Rev Stat § 116.21188 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.21188 - Effect of foreclosure or enforcement of lien or encumbrance.

  1. In a condominium or planned community, except as otherwise provided in subsection 2, foreclosure or enforcement of a lien or encumbrance against the entire common-interest community does not terminate, of itself, the common-interest community, and foreclosure or enforcement of a lien or encumbrance against a portion of the common-interest community, other than withdrawable real estate, does not withdraw that portion from the common-interest community. Foreclosure or enforcement of a lien or encumbrance against withdrawable real estate does not withdraw, of itself, that real estate from the common-interest community, but the person taking title thereto may require from the association, upon request, an amendment excluding the real estate from the common-interest community.  2. In a condominium or planned community, if a lien or encumbrance against a portion of the real estate comprising the common-interest community has priority over the declaration and the lien or encumbrance has not been partially released, the parties foreclosing the lien or encumbrance, upon foreclosure, may record an instrument excluding the real estate subject to that lien or encumbrance from the common-interest community.  (Added to NRS by 1991, 554)
NV Rev Stat § 116.2119 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.2119 - Rights of secured lenders.

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.  (Added to NRS by 1991, 554)
NV Rev Stat § 116.21205 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.21205 - Reallocation of costs of administering common elements of certain master associations.

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.  (Added to NRS by 2003, 2220; A 2011, 1144)
NV Rev Stat § 116.2121 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.2121 - Merger or consolidation of common-interest communities.

  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.  (Added to NRS by 1991, 555)
NV Rev Stat § 116.2122 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.2122 - Addition of unspecified real estate.

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.  (Added to NRS by 1991, 556; A 1993, 2363)
NV Rev Stat § 116.2124 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.2124 - Termination following catastrophe.

If substantially all the units in a common-interest community have been destroyed or are uninhabitable and the available methods for giving notice under NRS 116.3108 of a meeting of units’ owners to consider termination under NRS 116.2118 will not likely result in receipt of the notice, the executive board or any other person holding an interest in the common-interest community may commence an action in the district court of the county in which the common-interest community is located seeking to terminate the common-interest community. During the pendency of the action, the court may issue whatever orders it considers appropriate, including, without limitation, an order for the appointment of a receiver. After a hearing, the court may terminate the common-interest community or reduce its size and may issue any other order the court considers to be in the best interest of the units’ owners and persons holding an interest in the common-interest community.  (Added to NRS by 2011, 2414)
NV Rev Stat § 116.3101 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.3101 - Organization of unit-owners’ association.

  1. A unit-owners’ association must be organized no later than the date the first unit in the common-interest community is conveyed.  2. The membership of the association at all times consists exclusively of all units’ owners or, following termination of the common-interest community, of all owners of former units entitled to distributions of proceeds under NRS 116.2118, 116.21183 and 116.21185, or their heirs, successors or assigns.  3. Except for a residential planned community containing not more than 12 units, the association must have an executive board.  4. The association must:  (a) Be organized as a profit or nonprofit corporation, association, limited-liability company, trust, partnership or any other form of organization authorized by the law of this State;  (b) Include in its articles of incorporation, articles of association, articles of organization, certificate of registration, certificate of limited partnership, certificate of trust or other documents of organization, or any amendment thereof, that the purpose of the corporation, association, limited-liability company, trust or partnership is to operate as an association pursuant to this chapter;  (c) Contain in its name the words "common-interest community," "community association," "master association," "homeowners’ association" or "unit-owners’ association"; and  (d) Comply with the applicable provisions of chapters 78, 81, 82, 86, 87, 87A, 88 and 88A of NRS when filing with the Secretary of State its articles of incorporation, articles of association, articles of organization, certificate of registration, certificate of limited partnership, certificate of trust or other documents of organization, or any amendment thereof.  (Added to NRS by 1991, 556; A 2003, 20th Special Session, 130; 2005, 2590; 2007, 485; 2011, 2427)
NV Rev Stat § 116.3103 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.3103 - Power of executive board to act on behalf of association; members and officers are fiduciaries; duty of care; application of business-judgment rule and conflict of interest rules; limitations on power.

  1. Except as otherwise provided in the declaration, the bylaws, this section or other provisions of this chapter, the executive board acts on behalf of the association. In the performance of their duties, the officers and members of the executive board are fiduciaries and shall act on an informed basis, in good faith and in the honest belief that their actions are in the best interest of the association. Officers and members of the executive board:  (a) Are required to exercise the ordinary and reasonable care of officers and directors of a nonprofit corporation, subject to the business-judgment rule; and  (b) Are subject to conflict of interest rules governing the officers and directors of a nonprofit corporation organized under the law of this State.  2. The executive board may not act to:  (a) Amend the declaration.  (b) Terminate the common-interest community.  (c) Elect members of the executive board, but notwithstanding any provision of the governing documents to the contrary, the executive board may fill vacancies in its membership for the unexpired portion of any term or until the next regularly scheduled election of executive board members, whichever is earlier. Any executive board member elected to a previously vacant position which was temporarily filled by board appointment may only be elected to fulfill the remainder of the unexpired portion of the term.  (d) Determine the qualifications, powers, duties or terms of office of members of the executive board.  3. The executive board shall adopt budgets as provided in NRS 116.31151.  (Added to NRS by 1991, 557; A 1993, 2364; 2001, 3193; 2003, 225; 2005, 2592; 2009, 1734, 2797; 2011, 2430; 2017, 1083)
NV Rev Stat § 116.310305 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.310305 - Power of executive board to impose construction penalties for failure of unit’s owner to adhere to certain schedules relating to design, construction, occupancy or use of unit or improvement.

  1. A unit’s owner shall adhere to a schedule required by the association for:  (a) The completion of the design of a unit or the design of an improvement to a unit;  (b) The commencement of the construction of a unit or the construction of an improvement to a unit;  (c) The completion of the construction of a unit or the construction of an improvement to the unit; or  (d) The issuance of a permit which is necessary for the occupancy of a unit or for the use of an improvement to a unit.  2. The association may impose and enforce a construction penalty against a unit’s owner who fails to adhere to a schedule as required pursuant to subsection 1 if:  (a) The right to assess and collect a construction penalty is set forth in:  (1) The declaration;  (2) Another document related to the common-interest community that is recorded before the date on which the unit’s owner acquired title to the unit; or  (3) A contract between the unit’s owner and the association;  (b) The association has included notice of the maximum amount of the construction penalty and schedule as part of any public offering statement or resale package required by this chapter; and  (c) The unit’s owner receives notice of the alleged violation which informs the unit’s owner that he or she has a right to a hearing on the alleged violation.  3. For the purposes of this chapter, a construction penalty is not a fine.  (Added to NRS by 2003, 2221, 2266; A 2011, 2430)
NV Rev Stat § 116.310313 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.310313 - Collection of past due obligation; charge of reasonable fee to collect.

  1. An association may charge a unit’s owner reasonable fees to cover the costs of collecting any past due obligation. The Commission shall adopt regulations establishing the amount of the fees that an association may charge pursuant to this section.  2. The provisions of this section apply to any costs of collecting a past due obligation charged to a unit’s owner, regardless of whether the past due obligation is collected by the association itself or by any person acting on behalf of the association, including, without limitation, an officer or employee of the association, a community manager or a collection agency.  3. As used in this section:  (a) "Costs of collecting" includes any fee, charge or cost, by whatever name, including, without limitation, any collection fee, filing fee, recording fee, fee related to the preparation, recording or delivery of a lien or lien rescission, title search lien fee, bankruptcy search fee, referral fee, fee for postage or delivery and any other fee or cost that an association charges a unit’s owner for the investigation, enforcement or collection of a past due obligation. The term does not include any costs incurred by an association if a lawsuit is filed to enforce any past due obligation or any costs awarded by a court.  (b) "Obligation" means any assessment, fine, construction penalty, fee, charge or interest levied or imposed against a unit’s owner pursuant to any provision of this chapter or the governing documents.  (Added to NRS by 2009, 2795)
NV Rev Stat § 116.310315 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.310315 - Accounting for fines imposed by association.

If an association has imposed a fine against a unit’s owner or a tenant or an invitee of a unit’s owner or a tenant pursuant to NRS 116.31031 for violations of the governing documents of the association, the association shall establish a compliance account to account for the fine, which must be separate from any account established for assessments.  (Added to NRS by 1997, 3112; A 2005, 1715; 2009, 2882, 2915) — (Substituted in revision for NRS 116.31145)
NV Rev Stat § 116.31032 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.31032 - Period of declarant’s control of association; representation of units’ owners on executive board.

  1. Except as otherwise provided in this section, the declaration may provide for a period of declarant’s control of the association, during which a declarant, or persons designated by a declarant, may appoint and remove the officers of the association and members of the executive board. A declarant may voluntarily surrender the right to appoint and remove officers and members of the executive board before termination of that period and, in that event, the declarant may require, for the duration of the period of declarant’s control, that specified actions of the association or executive board, as described in a recorded instrument executed by the declarant, be approved by the declarant before they become effective. Regardless of the period provided in the declaration, a period of declarant’s control terminates no later than the earliest of:  (a) For a common-interest community with less than 1,000 units, 60 days after conveyance of 75 percent of the units that may be created to units’ owners other than a declarant;  (b) For a common-interest community with 1,000 units or more, 60 days after conveyance of 90 percent of the units that may be created to units’ owners other than a declarant;  (c) If the association exercises powers over a common-interest community pursuant to this chapter and a time-share plan pursuant to chapter 119A of NRS, 120 days after conveyance of 80 percent of the units that may be created to units’ owners other than a declarant;  (d) Five years after all declarants have ceased to offer units for sale in the ordinary course of business;  (e) Five years after any right to add new units was last exercised; or  (f) The day the declarant, after giving notice to units’ owners, records an instrument voluntarily surrendering all rights to control activities of the association.  2. For a common-interest community with:  (a) Less than 1,000 units, not later than 60 days after conveyance of 25 percent of the units that may be created to units’ owners other than a declarant, at least one member and not less than 25 percent of the members of the executive board must be elected by units’ owners other than the declarant.  (b) One thousand units or more, not later than 60 days after conveyance of 15 percent of the units that may be created to units’ owners other than a declarant, at least one member and not less than 25 percent of the members of the executive board must be elected by units’ owners other than the declarant.  3. Not later than 60 days after conveyance of 50 percent of the units that may be created to units’ owners other than a declarant, not less than one-third of the members of the executive board must be elected by units’ owners other than the declarant.  (Added to NRS by 1993, 2353; A 2001, 2490; 2011, 2433; 2015, 800)
NV Rev Stat § 116.31035 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.31035 - Publications containing mention of candidate or ballot question: Requirements; limitations.

  1. If an official publication contains any mention of a candidate or ballot question, the official publication must, upon request and under the same terms and conditions, provide equal space to all candidates or to a representative of an organization which supports the passage or defeat of the ballot question.  2. If an official publication contains the views or opinions of the association, the executive board, a community manager or an officer, employee or agent of an association concerning an issue of official interest, the official publication must, upon request and under the same terms and conditions, provide equal space to opposing views and opinions of a unit’s owner of the common-interest community.  3. If an association has a closed-circuit television station and that station interviews, or provides time to, a candidate or a representative of an organization which supports the passage or defeat of a ballot question, the closed-circuit television station must, under the same terms and conditions, allow equal time for all candidates or a representative of an opposing view to the ballot question.  4. The association and its officers, employees and agents are immune from criminal or civil liability for any act or omission which arises out of the publication or disclosure of any information related to any person and which occurs in the course of carrying out any duties required pursuant to subsection 1, 2 or 3.  5. As used in this section:  (a) "Issue of official interest" means:  (1) Any issue on which the executive board or the units’ owners will be voting, including, without limitation, elections; and  (2) The enactment or adoption of rules or regulations that will affect the common-interest community.  (b) "Official publication" means:  (1) An official website;  (2) An official newsletter or other similar publication that is circulated to each unit’s owner; or  (3) An official bulletin board that is available to each unit’s owner.  (Added to NRS by 2011, 2414)
NV Rev Stat § 116.31037 (2021)
2021 Nevada Revised Statutes|Chapter 116 - Common-Interest Ownership (Uniform Act)|NRS 116.31037 - Indemnification and defense of member of executive board.

If a member of an executive board is named as a respondent or sued for liability for actions undertaken in his or her role as a member of the board, the association shall indemnify the member for his or her losses or claims, and undertake all costs of defense, unless it is proven that the member acted with willful or wanton misfeasance or with gross negligence. After such proof, the association is no longer liable for the cost of defense, and may recover costs already expended from the member of the executive board who so acted.  (Added to NRS by 2011, 2414)