local ordinances. 556; A 1993,
immediately before the termination; and. Upon acquisition, unless the decree otherwise provides, that units
Public offering statement: Common-interest communities subject
NRS 116.31151 Annual distribution to units' owners of operating and reserve budgets or summaries of such budgets and policy for collection of fees, fines, assessments or costs; ratification of budget. and any regulations adopted pursuant thereto; (d)The accessibility and use of, and the costs
NRS116.31175 Maintenance
from judgments against the association are governed by NRS 116.3117. 7. before January 1, 1992, to comply with the provisions of NRS 116.2101 to 116.2124, inclusive; (d)Except as otherwise provided in subsection 8
82, 86, 87, 87A, 88 and 88A of
6. section: (a)The effect of the sale is terminated, and the
the Division. The plats must show or project any
If a declarant or dealer did not prepare any part of a public
for preparation and delivery of public offering statement. planned community comply with NRS 116.2109. association within 60 days after the association delivers notice of the
interested party. Before an association takes any action
(d)Is entitled to receive written notice of the
expense of the association and the projected common expense assessment
master association. components of the common elements needing replacement within 10 years after the
709), NRS116.1201Applicability;
at least 21 calendar days before the date of the meeting. NRS116.31032Period of declarants control of association; representation of
Requirements; limitations. As used
establishing a maximum number or percentage of units in the common-interest
or fraudulent affidavit. regulations. upon the vote as if the unit had been condemned under subsection 1 of NRS 116.1107, and the association promptly
forth the amount of the monthly assessment for common expenses and any unpaid
to conduct hearings on alleged violations and to impose fines pursuant to this
2371; 1997,
Not more than 30 days after each such
her successor in interest, a certified copy of the deed to the unit and, if the
6. to correct violations; administrative fines; removal from office or position;
BEFORE THE SALE DATE. 1144). 4. to common elements, the amendment to the declaration must convey it to the
date of sale, the sale may not occur unless a record of such satisfaction is
imposed was a fine or construction penalty, the general record must specify the
pursuant to NRS 116.31083. 116.31152. to chapter 649 of NRS or hire or contract with
2368; 2011,
common-interest community, another units owner who resides in the
551; A 2011,
(c)Fraudulently casting a vote for himself or
is consistent with all laws, regulations and governing documents relating to
is a servicemember or, in accordance with subsection 3, a dependent of a
use and enjoy your property. maintenance of Internet website or electronic portal; payment of assessments
certain violations; enforcement by Ombudsman; limitations on amount that may be
of programs of education and research. bylaws shall cause the audio recording of the meeting, the minutes of the
1397, effective January 1, 2022). each calendar year by adding to each amount the product of the amount
involving the facts that constitute the basis of the complaint. necessary to provide information required for resale of units; right of units
All insurance policies then in force,
agents, directors and volunteers of the association and which extends coverage
2007,
required to pay any portion of the fees or any administrative penalties or
2232; 2011,
foreclose its lien by sale and that the sale may extinguish the first security
NRS116.4108Purchasers right to cancel. appeals to Commission. whom resides in a unit within this State, but who are not required to have
recorded security interest on the unit or the holders successor in interest,
1. interests defined. Any portion of the common-interest
right, other than a successor described in subsection 3 or 4 or a successor who
of additional fees that are related to any increase in services or other costs
Special
the actual number of members who are present in person or by proxy at the
create an express warranty of quality, but a statement purporting to be merely
In the case of a sale of a unit where
other person holding an interest in the common-interest community may commence
fine pursuant to subsection 1 unless: (a)Not less than 30 days before the alleged
until the date the fees are paid in full. instrument the intention to hold those rights solely for transfer to another
4. 2616; 2007,
and 1211. procedures used for the estimation and accumulation of cash reserves described
prohibit a community manager from being paid compensation, a fee or other
5. In any common-interest community, the
interest on the unit to which the notice of default and election to sell and
7. and an estimate of the funding plan that may be necessary to provide adequate
which were recorded before termination may enforce their liens in the same
representative of an opposing view to the ballot question. NRS 116.31038 - Delivery to association of property held or controlled by declarant. person before he or she initiated the foreclosure of the lien by sale. except in the case of subdivision or conversion of units described in
(2)Poses an imminent threat of causing a
certain violations; enforcement by Ombudsman; limitations on amount that may be
NRS116.31142 Preparation
common elements were allocated, or to lienholders, as their interests may
the governing documents; (b)May not require the units owner or tenant of
insurance with respect to that damage or common expense, unless the damage or
[Effective through December 31,
(4)Any other documents the petitioner
all special declarants rights related to that property held by that declarant
2. 7. of the preexisting common-interest community must be equal to the percentages
562; A 1993,
Exchange Commission or State of Nevada. Commission for Common-Interest Communities and Condominium
of the notice described in subsection 1, the person required to give the notice
default and election to sell is mailed by certified or registered mail, return
(a)Remuneration means any compensation, money,
association to the mailing or electronic mail addresses a units owner
2300). association may order that the costs of any maintenance or abatement or the
NRS116.31135Insurance: Repair or replacement of damaged or destroyed portion
4. time shares will or may affect the enforceability of the associations lien for
persons present at each other location. NRS116.745 Violation
subparagraph and subject to the limitation set forth in subparagraph (2), may
2490; 2005,
of deposits; furnishing of bond in lieu of deposit. sale has executed and caused to be recorded, with the county recorder of the
Except as
written notice that: (a)The budgets are available for review at the
Any notice or other information that is
(c)Only the secret written ballots that are
of community. appoint one or more receivers pursuant to this section to carry out the
1302, 2222;
audio recordings of certain meetings. in possession are required to vacate. unit; and. (a)If the association receives notice of an
], Applicability to
means the Ombudsman for Owners in Common-Interest Communities and Condominium
shall be deemed a continuing violation. 1. association. the public offering statement describes certain real estate that may be
You should review the CC&Rs, and other governing documents before
affirmative votes required in each voting class to approve the amendment under
1305; 2019,
4. executive board, as described in a recorded instrument executed by the declarant,
(b)Educational guidelines for the enforcement of
the Commission or the hearing panel may take any or all of the following
or $500, whichever amount is less. agreement of the owners of the units to which at least a majority of votes of
2915;
Maintenance and availability of books, records and other papers
(b)As to each common element, at the time the
The amendment must be
the declaration or bylaws, any person or class of persons suffering actual
NRS116.3116 Liens
associations. solid waste or recyclable materials; adoption of rules by association. of the executive board upon any matter then pending or which may be brought
In any application for the appointment
unit, or an insurer or guarantor of such interest, as a condition to the
1. omissions that occur in their capacity as officers of the association. 2355; A 2003,
be treated upon termination as if the creditor had perfected a lien against
The amendment
utility service furnished to a units owner or a tenant of a units owner
solid waste or recyclable materials; adoption of rules by association. common element defined. receipt requested or delivered by electronic transmission, as applicable, to
relate to the real estate in which the unit is located, and to any other
foreclosed. homeowners. The original or a certified copy of the
5. hearing panels. to recover sums for which subsection 1 creates a lien or prohibit an
collection of interest on past due assessments; calculation of assessments for
3122; 1999,
NRS116.600Commission for Common-Interest Communities and Condominium
documents of the association and must not arbitrarily restrict conduct or
returned to the association before those secret written ballots have been
NRS116.4104 Public
(c)Consented to the jurisdiction of the courts
section is submitted for consideration by the Division when it is filed with
executive board, a community manager or an officer, employee or agent of an
Commissioner of Financial Institutions on January 1 or July 1, as the case may
(n)A description of any arrangement described in
NRS116.31168 Foreclosure
during the regular working hours of the association; and. persons; or. Rights of creditors following termination. and collection costs and interest, be charged against the unit. 2. NRS116.015 Commission
apply: (a)The association shall notify the units
community manager who holds certificate; appointment of receiver. (b)Within a reasonable time after the discovery
2. Commission or the hearing panel, after notice and hearing, may impose an
following catastrophe. and. executive session to all units owners who have provided the association with
5. In lieu of distributing copies of the
confidential; certain records relating to disciplinary action deemed public
any units owner upon request, in electronic format at no charge to the units
If the governing documents so provide,
prescribing the size, location, color and material of any device, structure or
6. If the units owner whose interest in
The number and identity of units in
after the sale by paying: (a)The purchaser the amount of his or her
2993; A 2003,
4. of violations on rights of action; civil action for damages for failure or
reasonable notice of and an opportunity to defend against the action, the
the alleged violation with the assistance of the Ombudsman, the Ombudsman shall
marriage within the third degree of consanguinity or affinity to another person
Except for assessments under
assure the proper application of trust assets paid or delivered to the
percent of the voting interest in the person; (c)Controls in any manner the election of a
225; 2005,
3111; A 2005,
documents, other than a violation involving a failure to pay an assessment, for
any previous declarant or previous declarants appointees to the executive
(b)Is not subject to any limitation on the
In a cooperative, the liability for
unit pursuant to this section are not liable for trespass. 4. 2910;
governing documents of the association, the association shall establish a
public. appraisers selected by the association. after the notice of default and election to sell is recorded, a copy of the
[Effective through December
1737, 2807,
NRS116.310315Accounting for fines imposed by association. common-interest community that would directly benefit the unit or the right to
(c)Released to the declarant for an additional
4. certified mail, return receipt requested, with written notice of the alleged
2592; 2009,
lease means an agreement with the association pursuant to which a member is
fees and penalties; procedure to recover fees, penalties or interest imposed in
foreclosure of a lien by sale in violation of this section: (b)May be liable for actual damages, reasonable
the information required by NRS 116.4103
nonresidential use and other units that are not so restricted only if the
created; 2. 8. NRS116.3107 Upkeep
declaration has been required to vacate for reasons other than nonpayment of
declarants rights. limitations on power of Commission and hearing panels regarding internal
IS IN DISPUTE! Title to a unit and common elements is
the declarant or affiliate of the declarant; or. (Added to NRS by 1991,
Categorization of property in certain common-interest
The executive board shall elect the officers of the association. Deny or delegate control over the
(c)The other documents furnished pursuant to
must be recorded along with the amendment. information described in paragraph (a) is mailed or delivered by electronic
10. acts honestly and fairly when trying to verify whether a units owner or his or
or otherwise engage in a course of conduct against any other person who is the
After conducting its hearings on the
NRS
or collected from units owners or tenants or guests of units owners pursuant
Commerce Act. this subsection. A statement that any limited common
apply to: (a)A time-share plan created pursuant to chapter 119A of NRS which is governed by a
budget for those accounts; (c)A current reconciliation of the operating
constructed the additional common elements shall deliver to the association a
2. and are required for all common-interest communities except cooperatives. The cost of repair or replacement in
of interest rules; limitations on power. 8. and proper. The
for seeking confirmation from district court of certain amendments to
section and NRS 116.31034, and except
with the style of the common-interest community. (t)Except as otherwise provided in this
duties to be exercised under the direction of the court as are conferred on
board adopted before the meeting provide otherwise. The period of 90 days described in
A declarant and any dealer warrant that
The Governor shall appoint to the
driveway of his or her unit, if the person is: (I)A units owner or a tenant of a
116.2124, a common-interest community may be terminated only by agreement
The following persons may not purchase
accordance with their original intent and the provisions of this chapter. Any purported conveyance or other
portion of the common-interest community, at the time the first unit is
whom the warranty is first made enters into possession if a possessory interest
written notice must: (1)Include an explanation of the
community containing both units that are restricted exclusively to
a cost not to exceed 25 cents per page for the first 10 pages, and 10 cents per
page thereafter. interest of those persons may redeem the property at any time within 60 days
NRS116.31168Foreclosure of liens: Requests by interested persons for notice
recorded in the names of the parties and the common-interest community. executive board, will be influenced thereby, is guilty of a category D felony
you should receive either a public offering statement, if you are the original
counted at a meeting of the association. of NRS 116.4103 to 116.4106, inclusive, as those requirements
The Commission or a hearing panel may
documents, including the CC&Rs, association bylaws, and rules and
paid, or commercially reasonable delivery service to the mailing address of
law or the declaration to the contrary: (a)If a units owner is prohibited from renting
employee of that community manager, a member of the executive board of his or
preparation of a ballot for the election of members of the executive board, the
ownership. transient commercial use is obtained. (Added to NRS by 1999,
2. The court may award reasonable
person acquiring title to any unit or real estate subject to developmental
NRS116.412 Substantial
2221, 2266;
units owners. 2998; 2001,
estate subject to that right, none of the real estate may be withdrawn after a
violations of governing documents; regulations; limitations; procedural
in subsection 2, if a declarant, community manager or any other person subject
2. the association may be made only against the units in the common-interest
immediately before termination. declarant and of the common-interest community, and a statement that the
Any executive board member elected to a
2488; 2003,
policy under this section shall issue certificates or memoranda of insurance to
A units owner is not liable, solely by
acts honestly and fairly when trying to verify whether a units owner or his or
applicable, and is unsuccessful at the hearing or fails to make a payment under
be proportionate to the ratio which that owners liability for common expenses
575; A 1993,
expenses defined. of the members of the executive board must be elected by units owners other
than the limit imposed on the power of the association to deal with other
successors exercise or nonexercise of special declarants rights; or. ownership. reasonable attorneys fees and costs. tenant of a units owner in his or her common-interest community which: (a)Causes harm or serious emotional distress, or
to units owners. amount; (2)If the purchaser is also a creditor
Conducting hearings and other proceedings; collection of