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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 116.009: “Allocated interests” defined.

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Where this section sits in the code
  1. TITLE 10 — PROPERTY RIGHTS AND TRANSACTIONS
  2. CHAPTER 116 - COMMON-INTEREST OWNERSHIP (UNIFORM ACT)
  3. GENERAL PROVISIONS
  4. Definitions and Other General Provisions

“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.

Collected 2026-09-03T05:51:32Z. Source file · JSON

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