Nev. Rev. Stat. § 116.079

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 116.079 - "Purchaser" defined

"Purchaser" means a person, other than a declarant or a dealer, who by means of a voluntary transfer acquires a legal or equitable interest in a unit other than:

1. A leasehold interest, including options to renew, of less than 20 years; or

2. As security for an obligation.

NRS 116.079

(Added to NRS by 1991, 538; A 2011, 2416)-(Substituted in revision for NRS 116.110375)

(Added to NRS by 1991, 538; A 2011, 2416, effective 1/1/2012)-(Substituted in revision for NRS 116.110375)