NRS 116.009 “Allocated interests” defined.
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/nv/chapter-116-common-interest-ownership-uniform-act/116-009·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 116.009 “Allocated interests” defined. “Allocated interests” means the following interests allocated to each unit:
1. In a condominium, the undivided interest in the common elements, the liability for common expenses, and votes in the association;
2. In a cooperative, the liability for common expenses, the ownership interest and votes in the association; and
3. In a planned community, the liability for common expenses and votes in the association.