{"data":{"id":"us-nv/nrs-116.021","jurisdiction":"us-nv","citation":"NRS 116.021","heading":"“Common-interest community” defined.","body":"1. “Common-interest community” means real estate described in a declaration with respect to which a person, by virtue of the person’s ownership of a unit, is obligated to pay for a share of real estate taxes, insurance premiums, maintenance or improvement of, or services or other expenses related to, common elements, other units or other real estate described in that declaration.\n2. The term does not include an agreement described in NRS 116.1209.\n3. For purposes of this section, “ownership of a unit” does not include holding a leasehold interest of less than 20 years in a unit, including options to renew.","path":["TITLE 10 — PROPERTY RIGHTS AND TRANSACTIONS","CHAPTER 116 - COMMON-INTEREST OWNERSHIP (UNIFORM ACT)","GENERAL PROVISIONS","Definitions and Other General Provisions"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-116.html#NRS116Sec021","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:32Z","sha256":"ac8d869f4b3348429e996953fbd950fa7d891d243af0d2fe28eac13461caeae0","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-116.019","next":"us-nv/nrs-116.023"},"notice":"GroundRules: Original legal text. Not legal advice."}