NRS 116B.085: “Developmental rights” defined.

“Developmental rights” means any right or combination of rights reserved by a declarant in the declaration to:

1. Add real estate to a condominium hotel;

2. Create residential units, common elements, limited common elements, shared components or a hotel unit within a condominium hotel;

3. Subdivide residential units or convert residential units into common elements, shared components or part of a hotel unit;

4. Subdivide a hotel unit or convert a hotel unit into residential units, common elements or shared components;

5. Subdivide shared components or convert shared components into residential units, common elements or part of a hotel unit;

6. Subdivide or convert common elements into residential units, shared components or part of a hotel unit; or

7. Withdraw real estate from a condominium hotel.