Nev. Rev. Stat. § 116.21205

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

NRS 116.21205

Added to NRS by 2003, 2220; A 2011, 1144
Added to NRS by 2003, 2220; A 2011, 1144