Nevada

NRS 116B.005 Short title.

NRS 116B.010 Definitions.

NRS 116B.015 “Administrator” defined.

NRS 116B.020 “Affiliate of a declarant” defined.

NRS 116B.025 “Allocated interests” defined.

NRS 116B.030 “Association” and “unit-owners’ association” defined.

NRS 116B.035 “Commission” defined.

NRS 116B.040 “Common elements” defined.

NRS 116B.045 “Common expenses” defined.

NRS 116B.050 “Community manager” defined.

NRS 116B.055 “Complaint” defined.

NRS 116B.060 “Condominium hotel” defined.

NRS 116B.065 “Converted building” defined.

NRS 116B.070 “Dealer” defined.

NRS 116B.075 “Declarant” defined.

NRS 116B.080 “Declaration” defined.

NRS 116B.085 “Developmental rights” defined.

NRS 116B.090 “Dispose” and “disposition” defined.

NRS 116B.095 “Division” defined.

NRS 116B.100 “Executive board” defined.

NRS 116B.105 “Financial statement” defined.

NRS 116B.110 “Governing documents” defined.

NRS 116B.115 “Hearing panel” defined.

NRS 116B.120 “Hotel unit” defined.

NRS 116B.125 “Hotel unit owner” defined.

NRS 116B.130 “Identifying number” defined.

NRS 116B.135 “Leasehold condominium hotel” defined.

NRS 116B.140 “Liability for common expenses” defined.

NRS 116B.145 “Liability for shared expenses” defined.

NRS 116B.150 “Limited common element” defined.

NRS 116B.155 “Major component of the common elements” defined.

NRS 116B.160 “Major component of the hotel unit” defined.

NRS 116B.165 “Major component of the shared components” defined.

NRS 116B.170 “Offering” defined.

NRS 116B.175 “Ombudsman” defined.

NRS 116B.180 “Party to the complaint” defined.

NRS 116B.185 “Person” defined.

NRS 116B.190 “Purchaser” defined.

NRS 116B.195 “Real estate” defined.

NRS 116B.200 “Residential unit” defined.

NRS 116B.205 “Residential unit owner” defined.

NRS 116B.210 “Security interest” defined.

NRS 116B.215 “Shared components” defined.

NRS 116B.220 “Shared expenses” defined.

NRS 116B.225 “Special declarant’s rights” defined.

NRS 116B.230 “Time share” defined.

NRS 116B.235 “Unit” defined.

NRS 116B.240 “Unit’s owner” defined.

NRS 116B.245 Provisions of chapter may not be varied by agreement, waived or evaded; exceptions.

NRS 116B.250 Applicability of local ordinances, regulations and building codes.

NRS 116B.255 Eminent domain.

NRS 116B.260 Supplemental general principles of law applicable.

NRS 116B.265 Provisions of chapter prevail over conflicting provisions governing certain business entities generally.

NRS 116B.270 Construction against implicit repeal.

NRS 116B.275 Unconscionable agreement or term of contract.

NRS 116B.280 Obligation of good faith.

NRS 116B.285 Remedies to be liberally administered.

NRS 116B.287 Relation to Electronic Signatures in Global and National Commerce Act.

NRS 116B.290 Applicability.

NRS 116B.295 Provisions of governing documents in violation of chapter deemed to conform with chapter by operation of law.

NRS 116B.300 Notice of changes to governing documents.

NRS 116B.305 Creation of condominium hotels.

NRS 116B.310 Hotel unit boundaries.

NRS 116B.315 Control of hotel units; use of shared components.

NRS 116B.320 Construction and validity of declaration and bylaws.

NRS 116B.325 Description of units.

NRS 116B.330 Contents of declaration.

NRS 116B.335 Leasehold condominium hotels.

NRS 116B.340 Allocation of allocated interests.

NRS 116B.345 Limited common elements.

NRS 116B.350 Plats.

NRS 116B.355 Exercise of developmental rights.

NRS 116B.360 Alterations of units; access to units.

NRS 116B.365 Monuments as boundaries.

NRS 116B.370 Relocation of boundaries between adjoining units.

NRS 116B.375 Subdivision of units.

NRS 116B.380 Amendment of declaration.

NRS 116B.385 Termination of condominium hotel.

NRS 116B.390 Rights of creditors following termination.

NRS 116B.395 Respective interests of units’ owners following termination.

NRS 116B.400 Effect of foreclosure or enforcement of lien or encumbrance.

NRS 116B.405 Rights of secured lenders.

NRS 116B.410 Merger or consolidation of condominium hotels; reallocation of liability for shared expenses.

NRS 116B.415 Organization of unit-owners’ association.

NRS 116B.420 Powers of unit-owners’ association.

NRS 116B.425 Power of executive board to act on behalf of association; members and officers are fiduciaries; duty of care; application of business-judgment rule and conflict of interest rules; limitations on power.

NRS 116B.430 Power of executive board to impose fines and other sanctions for violations of governing documents; procedural requirements; continuing violations; collection of past due fines.

NRS 116B.435 Accounting for fines in books and records of association; prohibition against applying payment for assessment, fee or other charge toward payment of fine; exceptions.

NRS 116B.440 Period of declarant’s control of association; representation of units’ owners on executive board.

NRS 116B.445 Election of members of executive board and officers of association; term of office of member of executive board; staggered terms; eligibility to serve on executive board; required disclosures; procedure for conducting elections; certification by member of executive board of understanding of governing documents and provisions of chapter.

NRS 116B.450 Removal of member of executive board.

NRS 116B.455 Delivery to association of property held or controlled by declarant; exceptions.

NRS 116B.460 Delivery to association of additional common elements constructed by declarant or successor declarant.

NRS 116B.465 Delivery to association of converted shared component reserve deficit.

NRS 116B.470 Delivery to association of converted common element reserve deficit.

NRS 116B.475 Transfer of special declarant’s right.

NRS 116B.480 Liabilities and obligations of person who succeeds to special declarant’s rights.

NRS 116B.485 Successor not subject to certain claims against or other obligations of transferor of special declarant’s right.

NRS 116B.490 Bylaws.

NRS 116B.495 Rules of association.

NRS 116B.500 Rules of hotel unit owner.

NRS 116B.505 Limitation on power of hotel unit owner to impose sanctions for violations of rules; exception; procedural requirements.

NRS 116B.510 Complaint alleging violation by hotel unit owner; acknowledgment; response.

NRS 116B.513 Notice to units’ owners.

NRS 116B.515 Upkeep of condominium hotel.

NRS 116B.520 Meetings of units’ owners; frequency of meetings; calling special meetings or removal elections; requirements concerning notice and agendas; requirements concerning minutes of meetings; right of units’ owners to make audio recordings of meetings; presentation of written report concerning budgets for shared expenses.

NRS 116B.525 Meetings of executive board; frequency of meetings; requirements concerning notice and agendas; periodic review of certain financial and legal matters at meetings; requirements concerning minutes of meetings; right of units’ owners to make audio recordings of certain meetings.

NRS 116B.530 Right of units’ owners to speak at certain meetings; limitations on right; limitations on power of executive board to meet in executive session; procedure governing hearings on alleged violations; requirements concerning minutes of certain meetings.

NRS 116B.535 Right of units’ owners to have certain complaints placed on agenda of meeting of executive board.

NRS 116B.540 Meetings regarding civil actions; requirements for commencing or ratifying certain civil actions; right of units’ owners to request dismissal of certain civil actions; disclosure of terms and conditions of settlements.

NRS 116B.545 Quorum; use of Robert’s Rules of Order Newly Revised.

NRS 116B.550 Voting by units’ owners; use of proxies; voting by lessees of leased units; association prohibited from voting as owner of unit; voting without meeting.

NRS 116B.555 Tort and contract liability.

NRS 116B.560 Conveyance or encumbrance of common elements.

NRS 116B.565 Insurance: General requirements.

NRS 116B.570 Insurance: Policies.

NRS 116B.575 Insurance: Repair or replacement of damaged or destroyed portion of condominium hotel.

NRS 116B.577 Funds of association to be deposited or invested at certain financial institutions.

NRS 116B.580 Preparation and presentation of financial statements.

NRS 116B.585 Audit and review of financial statements.

NRS 116B.590 Assessments for common expenses; funding of adequate reserves; collection of interest on past due assessments; calculation of assessments for particular types of common expenses; notice of meetings regarding assessments for capital improvements.

NRS 116B.595 Assessments for shared expenses; funding of adequate reserves; collection of interest on past due assessments; payer of shared expenses not entitled to ownership or control; delivery of budget for projected shared expenses.

NRS 116B.600 Annual distribution to units’ owners of operating and reserve budgets or summaries of such budgets; ratification of budget.

NRS 116B.605 Study of reserves for common elements; duties of executive board regarding study; person who conducts study required to be registered; contents of study; submission of summary of study to Division.

NRS 116B.610 Study of reserves for shared components and hotel unit; duties of hotel unit owner regarding study; person who conducts study required to be registered; contents of study.

NRS 116B.615 Signatures required for withdrawals from reserve account of association; exceptions.

NRS 116B.620 Fees imposed on associations to pay for costs of administering Office of Ombudsman and Commission; administrative penalties for failure to pay; interest on unpaid fees.

NRS 116B.625 Registration of associations with Ombudsman.

NRS 116B.630 Liens against units for assessments.

NRS 116B.635 Foreclosure of liens: Mailing of notice of delinquent assessment; recording of notice of default and election to sell; period during which unit’s owner may pay lien to avoid foreclosure; limitations on type of lien that may be foreclosed.

NRS 116B.640 Foreclosure of liens: Mailing of notice of default and election to sell to certain interested persons.

NRS 116B.645 Foreclosure of liens: Providing notice of time and place of sale; service of notice of sale; contents of notice of sale; proof of service.

NRS 116B.650 Foreclosure of liens: Procedure for conducting sale; purchase of unit by association or hotel unit owner; execution and delivery of deed; use of proceeds of sale.

NRS 116B.655 Foreclosure of liens: Effect of recitals in deed; purchaser not responsible for proper application of purchase money; title vested in purchaser without equity or right of redemption.

NRS 116B.660 Foreclosure of liens: Requests by interested persons for notice of default and election to sell; right of association or hotel unit owner to waive default and withdraw notice or proceeding to foreclose.

NRS 116B.665 Liens against association.

NRS 116B.670 Maintenance and availability of books, records and other papers of association: General requirements; provision of copies to units’ owners and Ombudsman; exceptions; general records concerning certain violations; enforcement by Ombudsman; limitations on amount that may be charged to conduct review.

NRS 116B.675 Maintenance and availability of certain financial records of association; provision of copies to units’ owners and Ombudsman.

NRS 116B.680 Maintenance and availability of financial records of association; right of units’ owners to inspect, examine, photocopy and audit records of association.

NRS 116B.685 Maintenance, availability and review of certain financial books and records of hotel unit.

NRS 116B.690 Retaliatory action prohibited.

NRS 116B.695 Prohibition against certain personnel soliciting or accepting compensation, gratuity or remuneration under certain circumstances.

NRS 116B.700 Prohibition against certain personnel contracting with association or accepting commission, personal profit or compensation from association; exceptions.

NRS 116B.705 Association as trustee.

NRS 116B.710 Right of units’ owners to display flag of the United States in certain areas; conditions and limitations on exercise of right.

NRS 116B.715 Right of units’ owners to exhibit political signs in certain areas; conditions and limitations on exercise of right.

NRS 116B.720 Association prohibited from requiring unit’s owner to obtain approval to rent or lease unit; exceptions.

NRS 116B.725 Applicability; exceptions.

NRS 116B.730 Liability for preparation and delivery of public offering statement.

NRS 116B.735 Public offering statement: General provisions.

NRS 116B.740 Public offering statement: Condominium hotels subject to developmental rights.

NRS 116B.745 Public offering statement: Condominium hotel containing converted building.

NRS 116B.750 Public offering statement: Condominium hotel registered with Securities and Exchange Commission or State of Nevada.

NRS 116B.755 Purchaser’s right to cancel.

NRS 116B.760 Resales of units.

NRS 116B.765 Required form of information statement.

NRS 116B.770 Escrow of deposits; furnishing of bond in lieu of deposit.

NRS 116B.775 Release of liens.

NRS 116B.780 Exclusion or modification of warranties of quality.

NRS 116B.785 Power of Commission to adopt regulations concerning additional disclosures.

NRS 116B.790 Effect of violations on rights of action; civil action for damages for failure or refusal to comply with provisions of chapter or governing documents; members of executive board not personally liable to victims of crimes; circumstances under which punitive damages may be awarded; attorney’s fees.

NRS 116B.795 Substantial completion of units.

NRS 116B.800 Jurisdiction.

NRS 116B.805 Administration of chapter; regulations of Commission and Real Estate Administrator; delegation of authority; publications.

NRS 116B.810 Employment of personnel by Real Estate Division; designation of deputy attorney general by Attorney General; legal opinions and assistance by deputy attorney general.

NRS 116B.815 Ombudsman for Owners in Common-Interest Communities and Condominium Hotels: Powers and duties.

NRS 116B.820 Immunity.

NRS 116B.825 Service of notice and other information upon Commission.

NRS 116B.830 Authority for Real Estate Division to conduct business electronically; regulations; fees; use of unsworn declaration; exclusions.

NRS 116B.835 Issuance and enforcement of subpoenas.

NRS 116B.840 Witnesses: Payment of fees and mileage.

NRS 116B.845 Conducting hearings and other proceedings; collection of information; development and promotion of educational guidelines; accreditation of programs of education and research.

NRS 116B.850 Establishment of standards for subsidizing proceedings for mediation, arbitration and program and for subsidizing educational programs; acceptance of gifts, grants and donations; agreements and cooperation with other entities.

NRS 116B.855 Appointment of hearing panels; delegation of powers and duties; appeals to Commission.

NRS 116B.860 Use of audio or video teleconference for hearings.

NRS 116B.865 “Violation” defined.

NRS 116B.870 Jurisdiction of Real Estate Division, Ombudsman, Commission and hearing panels.

NRS 116B.875 Rights, remedies and penalties are cumulative and not exclusive; limitations on power of Commission and hearing panels regarding internal activities of association.

NRS 116B.880 Confidentiality of records: Certain records relating to complaint or investigation deemed confidential; certain records relating to disciplinary action deemed public records.

NRS 116B.885 Right of person aggrieved by alleged violation to file affidavit with Real Estate Division; procedure for filing affidavit; administrative fine for filing false or fraudulent affidavit.

NRS 116B.890 Referral of affidavit to Ombudsman for assistance in resolving alleged violation; report by Ombudsman; investigation by Real Estate Division; determination of whether to file complaint with Commission.

NRS 116B.895 Procedure for hearing complaints: Time for holding hearing; continuances; notices; evidence; answers; defaults.

NRS 116B.900 Representation by attorney.

NRS 116B.905 Decisions on complaints.

NRS 116B.910 Remedial and disciplinary action: Orders to cease and desist and to correct violations; administrative fines; removal from office or position; payment of costs; exemptions from liability.

NRS 116B.915 Remedial and disciplinary action: Audit of association; appointment of receiver.

NRS 116B.920 Injunctions.