Nev. Rev. Stat. § 116.027

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 116.027 - "Condominium" defined

"Condominium" means a common-interest community in which portions of the real estate are designated for separate ownership and the remainder of the real estate is designated for common ownership solely by the owners of those portions. A common-interest community is not a condominium unless the undivided interests in the common elements are vested in the units' owners.

NRS 116.027

(Added to NRS by 1991, 536)-(Substituted in revision for NRS 116.110325)
(Added to NRS by 1991, 536)-(Substituted in revision for NRS 116.110325 )