Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

§
Marginalia
Code · Nevada · CHAPTER 119A - TIME SHARES

NRS 119A.480 Requirements if developer holds leasehold interest.

108 words·~1 min read·/nv/chapter-119a-time-shares/119a-480

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

NRS 119A.480 Requirements if developer holds leasehold interest.
1. If the interest of the developer is a leasehold interest, the lease, unless otherwise determined by the Administrator, must provide that:
(a)The lessee must give notice of termination of the lease for any default by the lessor to the association.
(b)The lessor, upon any default of the lessee including bankruptcy of the lessee, shall enter into a new lease with the association upon the same terms and conditions as the lease with the developer.
2. The Administrator may require the developer to execute a bond or other type of security for the payment of the rental obligation.
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.