reglab/housing_qa huggingface dataset:
NV Rev Stat § 116B.335 (2021)
2021 Nevada Revised Statutes|Chapter 116B - Condominium Hotel Act|NRS 116B.335 - Leasehold condominium hotels.

  1. Any lease the expiration or termination of which may terminate the condominium hotel or reduce its size must be recorded. Every lessor of such a lease in a condominium hotel shall sign the declaration. The declaration must state:  (a) The recording data for the lease or a statement where the recorded lease may be inspected.  (b) The date on which the lease is scheduled to expire.  (c) A legally sufficient description of the real estate subject to the lease.  (d) Any right of the units’ owners to redeem the reversion and the manner whereby those rights may be exercised, or a statement that they do not have those rights.  (e) Any right of the units’ owners to remove any improvements within a reasonable time after the expiration or termination of the lease, or a statement that they do not have those rights.  (f) Any rights of the units’ owners to renew the lease and the conditions of any renewal, or a statement that such rights do not exist.  2. After the declaration for a leasehold condominium hotel is recorded, neither the lessor nor the lessor’s successor in interest may terminate the leasehold interest of a unit’s owner who makes timely payment of his or her share of the rent and otherwise complies with all covenants which, if violated, would entitle the lessor to terminate the lease. The leasehold interest of a unit’s owner in a condominium hotel is not affected by failure of any other person to pay rent or fulfill any other covenant.  3. Acquisition of the leasehold interest of any unit’s owner by the owner of the reversion or remainder does not merge the leasehold and freehold interests unless the leasehold interests of all units’ owners subject to that reversion or remainder are acquired.  4. If the expiration or termination of a lease decreases the number of units in a condominium hotel, the allocated interests must be reallocated in accordance with subsection 1 of NRS 116B.255 as if those units had been taken by eminent domain. Reallocations must be confirmed by an amendment to the declaration prepared, executed and recorded by the association.  (Added to NRS by 2007, 2203; A 2015, 1219)
NV Rev Stat § 116B.345 (2021)
2021 Nevada Revised Statutes|Chapter 116B - Condominium Hotel Act|NRS 116B.345 - Limited common elements.

  1. The declaration may allocate limited common elements to any unit or units within the condominium hotel. The declaration must specify to which unit or units each limited common element is allocated. An allocation may not be altered without the consent of the units’ owners to which the limited common elements are allocated.  2. Except as the declaration otherwise provides, a limited common element may be reallocated by an amendment to the declaration executed by the units’ owners between or among whose units the reallocation is made. The persons executing the amendment shall provide a copy thereof to the association, which shall record it. The amendment must be recorded in the names of the parties and the condominium hotel.  3. A common element not previously allocated as a limited common element may be so allocated only by amendments to the declaration.  (Added to NRS by 2007, 2206)
NV Rev Stat § 116B.350 (2021)
2021 Nevada Revised Statutes|Chapter 116B - Condominium Hotel Act|NRS 116B.350 - Plats.

  1. Plats are a part of the declaration and are required for all condominium hotels. Each plat must be clear and legible and contain a certification that the plat contains all information required by this section.  2. Each plat must comply with the provisions of chapter 278 of NRS and show:  (a) The name and a survey of the area which is the subject of the plat;  (b) A sufficient description of the real estate;  (c) The extent of any encroachments by or upon any portion of the property which is the subject of the plat;  (d) The location and dimensions of all easements having a specific location and dimension which serve or burden any portion of the condominium hotel;  (e) The location and dimensions with reference to an established datum of any vertical residential unit boundaries and that unit’s identifying number;  (f) The location with reference to an established datum of any horizontal unit boundaries not shown or projected on plats recorded pursuant to subsection 4 and that unit’s identifying number;  (g) The location and dimensions of the units, shared components and common elements; and  (h) The location and dimensions of limited common elements, if any, including porches, balconies and patios.  3. Each plat must be certified by a professional land surveyor.  4. The plats must show or project any units in which the declarant has reserved the right to create additional units or common elements, or portions of the shared components or hotel unit, identified appropriately.  5. Unless the declaration provides otherwise, when the horizontal boundaries of part of a unit located outside a building have the same elevation as the horizontal boundaries of the inside part, the elevations need not be depicted on the plats.  6. Upon exercising any developmental right, the declarant shall record new or amended plats necessary to conform to the requirements of subsection 2.  (Added to NRS by 2007, 2206; A 2009, 1619; 2015, 1220)
NV Rev Stat § 116B.355 (2021)
2021 Nevada Revised Statutes|Chapter 116B - Condominium Hotel Act|NRS 116B.355 - Exercise of developmental rights.

  1. To exercise any developmental right reserved in the declaration, the declarant shall prepare, execute and record an amendment to the declaration. The declarant is the owner of any units thereby created. The amendment to the declaration must assign an identifying number to each new unit created and, except in the case of subdivision or conversion of units described in this section, reallocate the allocated interests and the allocated liability for shared expenses by the declarant or hotel unit owner among all units. The amendment must describe any common elements, limited common elements, shared components or portions of the hotel unit thereby created and, in the case of limited common elements, designate the unit to which each is allocated to the extent required by NRS 116B.345.  2. Developmental rights may be reserved within any real estate added to the condominium hotel if the amendment adding that real estate includes all matters required by NRS 116B.330 or 116B.335, as the case may be. This provision does not extend the time limit on the exercise of developmental rights imposed by the declaration.  3. Whenever a declarant exercises a developmental right to subdivide or convert a unit or shared components previously created into additional units, common elements, shared components or additional portions of the hotel unit:  (a) If the declarant converts the unit or shared components entirely to common elements, the amendment to the declaration must convey it to the association or reallocate all the allocated interests and allocated liability for shared expenses of that unit among the other units as if that unit had been taken by eminent domain; and  (b) If the declarant subdivides the unit into two or more units, whether or not any part of the unit is converted into common elements, the amendment to the declaration must reallocate all the allocated interests and shared expenses of the unit among the units created by the subdivision in any reasonable manner prescribed by the declarant.  4. If the declarant converts a shared component into a residential unit, the amendment to the declaration must reallocate all the allocated interests and allocated liability for shared expenses to the residential units.  5. If the declaration provides that all or a portion of the real estate is subject to a right of withdrawal:  (a) If all the real estate is subject to withdrawal, and the declaration does not describe separate portions of real estate subject to that right, none of the real estate may be withdrawn after a unit has been conveyed to a purchaser; and  (b) If any portion is subject to withdrawal, it may not be withdrawn after a unit in that portion has been conveyed to a purchaser.  (Added to NRS by 2007, 2207)
NV Rev Stat § 116B.360 (2021)
2021 Nevada Revised Statutes|Chapter 116B - Condominium Hotel Act|NRS 116B.360 - Alterations of units; access to units.

Except as otherwise provided in this section and subject to the provisions of the declaration and other provisions of law, a residential unit owner:  1. May make any improvements or alterations to his or her residential unit that do not impair the structural integrity or mechanical systems or lessen the support of any portion of the condominium hotel; and  2. May not change the appearance of the common elements, the shared components, the hotel unit or the exterior appearance of a unit, building or any other portion of the condominium hotel.  (Added to NRS by 2007, 2208)
NV Rev Stat § 116B.365 (2021)
2021 Nevada Revised Statutes|Chapter 116B - Condominium Hotel Act|NRS 116B.365 - Monuments as boundaries.

The existing physical boundaries of a residential unit or a hotel unit are its legal boundaries, rather than the boundaries derived from the description contained in the original declaration, regardless of vertical or lateral movement of the building or minor variance between those boundaries and the boundaries derived from the description contained in the original declaration. This section does not relieve a unit’s owner of liability in case of his or her willful misconduct or relieve a declarant or any other person of liability for failure to adhere to any plats.  (Added to NRS by 2007, 2208; A 2009, 1620)
NV Rev Stat § 116B.370 (2021)
2021 Nevada Revised Statutes|Chapter 116B - Condominium Hotel Act|NRS 116B.370 - Relocation of boundaries between adjoining units.

Subject to the provisions of the declaration and other provisions of law, the boundaries between adjoining units may be relocated by an amendment to the declaration upon application to the hotel unit owner by the owners of those units. If the owners of the adjoining units have specified a reallocation between their units of their allocated interests and allocation of shared expenses, the application must state the proposed reallocations. Unless the hotel unit owner determines within 90 days that the reallocations are unreasonable, the hotel unit owner shall prepare an amendment that identifies the units involved and states the reallocations. The amendment must be executed by those units’ owners, contain words of conveyance between them and, on recordation, be indexed in the name of the grantor and the grantee, and in the grantee’s index in the name of the association and the hotel unit owner.  (Added to NRS by 2007, 2209)
NV Rev Stat § 116B.375 (2021)
2021 Nevada Revised Statutes|Chapter 116B - Condominium Hotel Act|NRS 116B.375 - Subdivision of units.

  1. If the declaration expressly so permits, a residential unit may be subdivided into two or more residential units upon receipt of consent from the hotel unit owner. Subject to the declaration and law other than this chapter, upon receipt of consent from the hotel unit owner to subdivide a residential unit, the association shall prepare, execute and record an amendment to the declaration, including the plats, subdividing the residential unit.  2. The amendment to the declaration must be executed by the owner of the unit to be subdivided, assign an identifying number to each residential unit created, and reallocate the allocated interests and allocated liability for shared expenses formerly allocated to the subdivided residential unit to the new residential units in any reasonable manner prescribed by the owner of the subdivided unit or on any other basis the declaration requires.  (Added to NRS by 2007, 2209; A 2015, 1220)
NV Rev Stat § 116B.380 (2021)
2021 Nevada Revised Statutes|Chapter 116B - Condominium Hotel Act|NRS 116B.380 - Amendment of declaration.

  1. Provisions in an agreement to purchase a residential unit between a purchaser and a declarant which permit the declarant to amend or change the governing documents at any time before the close of escrow of a residential unit are enforceable.  2. Following the period of a declarant’s control of the association, with regard to an amendment that does not in any way affect the hotel unit or the shared components, the declaration may be amended by a majority of the total voting power in the association. The declaration may specify a larger number of votes necessary to amend the declaration.  3. Following the period of declarant’s control of the association, with regard to an amendment that in any way affects the hotel unit or the shared components, such an amendment is not effective without the prior written consent of the declarant or the hotel unit owner and the vote of a majority of the total voting power in the association. The declaration may specify a larger number of votes necessary to amend the declaration.  4. No action to challenge the validity of an amendment adopted pursuant to this section may be brought more than 1 year after the amendment is recorded.  5. Every amendment to the declaration must be recorded in every county in which any portion of the condominium hotel is located and is effective only upon recordation. An amendment 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 the parties executing the amendment.  (Added to NRS by 2007, 2209)
NV Rev Stat § 116B.390 (2021)
2021 Nevada Revised Statutes|Chapter 116B - Condominium Hotel Act|NRS 116B.390 - Rights of creditors following termination.

  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.  (Added to NRS by 2007, 2210)
NV Rev Stat § 116B.395 (2021)
2021 Nevada Revised Statutes|Chapter 116B - Condominium Hotel Act|NRS 116B.395 - Respective interests of units’ owners following termination.

The respective interests of units’ owners referred to in NRS 116B.385 and 116B.390 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 hotel unit owner and 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 total number of 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 their respective interests in the common elements immediately before the termination.  (Added to NRS by 2007, 2211)
NV Rev Stat § 116B.400 (2021)
2021 Nevada Revised Statutes|Chapter 116B - Condominium Hotel Act|NRS 116B.400 - Effect of foreclosure or enforcement of lien or encumbrance.

  1. Except as otherwise provided in subsection 2, foreclosure or enforcement of a lien or encumbrance against the entire condominium hotel does not terminate, of itself, the condominium hotel, and foreclosure or enforcement of a lien or encumbrance against a portion of the condominium hotel, other than withdrawable real estate, does not withdraw that portion from the condominium hotel. Foreclosure or enforcement of a lien or encumbrance against withdrawable real estate does not withdraw, of itself, that real estate from the condominium hotel, but the person taking title thereto may require from the hotel unit owner, upon request, an amendment excluding the real estate from the condominium hotel.  2. If a lien or encumbrance against a portion of the real estate comprising the condominium hotel 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 condominium hotel.  (Added to NRS by 2007, 2211)
NV Rev Stat § 116B.405 (2021)
2021 Nevada Revised Statutes|Chapter 116B - Condominium Hotel Act|NRS 116B.405 - 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 as otherwise provided in this chapter.  (Added to NRS by 2007, 2211)
NV Rev Stat § 116B.410 (2021)
2021 Nevada Revised Statutes|Chapter 116B - Condominium Hotel Act|NRS 116B.410 - Merger or consolidation of condominium hotels; reallocation of liability for shared expenses.

  1. Any two or more condominium hotels, by agreement of the declarants or hotel unit owners and ratified by the associations as provided in subsection 2, may be merged or consolidated into a single condominium hotel. In the event of a merger or consolidation, unless the agreement otherwise provides, the resultant condominium hotel is the legal successor, for all purposes, of all of the preexisting condominium hotels, and the operations and activities of all associations of the preexisting condominium hotels 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 condominium hotels to merge or consolidate pursuant to subsection 1 must be evidenced by an agreement prepared, executed, recorded and certified by the declarant or hotel unit owner, as applicable, of each of the preexisting condominium hotels. The agreement must be ratified in each condominium hotel by the percentage of votes required to terminate that condominium hotel. The agreement must be recorded in every county in which a portion of the condominium hotel 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 condominium hotel 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 condominium hotel which are allocated to all of the units comprising each of the preexisting condominium hotels, and providing that the portion of the percentages allocated to each unit formerly constituting a part of the preexisting condominium hotel must be equal to the percentages of allocated interests and shared expenses allocated to that unit by the declaration of the preexisting condominium hotel.  4. Every agreement for merger or consolidation must provide for the reallocation of the liability for shared expenses among the residential units of the resultant condominium hotel either by stating the reallocations or the formulas upon which they are based.  (Added to NRS by 2007, 2212)
NV Rev Stat § 116B.415 (2021)
2021 Nevada Revised Statutes|Chapter 116B - Condominium Hotel Act|NRS 116B.415 - Organization of unit-owners’ association.

  1. A unit-owners’ association must be organized not later than the date the first residential unit in the condominium hotel is conveyed.  2. The membership of the association at all times consists exclusively of all units’ owners, including the hotel unit and any other units owned by the declarant or, following termination of the condominium hotel, of all owners of former units entitled to distributions of proceeds under the declaration, or their heirs, successors or assigns.  3. 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 laws 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 "community association," "homeowners’ association" or "unit-owners’ association"; and  (d) Comply with the 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.  4. Unless otherwise provided in the declaration, the association shall not have any ownership or control over the hotel unit or the shared components.  (Added to NRS by 2007, 2212; A 2015, 1222)