Statutes, codes, and regulations
Nevada Administrative Code
Chapter 116 - Common-Interest OwnershipADMINISTRATION AND ENFORCEMENT
General Provisions
Section 116.525 - Duties of Ombudsman for Owners in Common-Interest Communities and Condominium Hotels: "Annual assessment" interpreted

Nev. Admin. Code § 116.525

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Current through December 31, 2024
Section 116.525 - Duties of Ombudsman for Owners in Common-Interest Communities and Condominium Hotels: "Annual assessment" interpreted

As used in NRS 116.625, "annual assessment" means both the per unit assessments and the total budget revenues for the association.

Nev. Admin. Code § 116.525

Added to NAC by Comm'n for Common-Interest Communities by R129-04, eff. 4-14-2005

NRS 116.615, 116.625