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

NRS 116B.220: “Shared expenses” defined.

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Where this section sits in the code
  1. TITLE 10 — PROPERTY RIGHTS AND TRANSACTIONS
  2. CHAPTER 116B - CONDOMINIUM HOTEL ACT
  3. GENERAL PROVISIONS
  4. Definitions and Other General Provisions

“Shared expenses” means the charges set forth in the declaration that are made to the units by the hotel unit owner for the operation, maintenance, repair, replacement and insurance of the hotel unit, including, without limitation, the shared components, together with any allocations to reserves, any expenses allocated to the units pursuant to a cost-sharing agreement, easement agreement or other agreement that benefits the condominium hotel to which the hotel unit owner is a party and any other charges or fees set forth in the declaration which are allocated to residential unit owners.

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

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