{"data":{"id":"us-nv/nrs-116b.725","jurisdiction":"us-nv","citation":"NRS 116B.725","heading":"Applicability; exceptions.","body":"1. Except as otherwise provided in subsection 2, NRS 116B.725 to 116B.795, inclusive, apply to all condominium hotels.\n2. Neither a public offering statement nor a certificate of resale need be prepared or delivered in the case of a:\n(a) Gratuitous disposition of a unit;\n(b) Disposition pursuant to court order;\n(c) Disposition by a government or governmental agency;\n(d) Disposition by foreclosure or deed in lieu of foreclosure;\n(e) Disposition to a dealer;\n(f) Disposition that may be cancelled at any time and for any reason by the purchaser without penalty; or\n(g) Disposition of a unit not used for residential use.","path":["TITLE 10 — PROPERTY RIGHTS AND TRANSACTIONS","CHAPTER 116B - CONDOMINIUM HOTEL ACT","PROTECTION OF PURCHASERS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-116B.html#NRS116BSec725","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:32Z","sha256":"971da57c0e98d0997e34dc2769c47223fd4243af75eb518c5c19d5126d6b0acf","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-116b.720","next":"us-nv/nrs-116b.730"},"notice":"GroundRules: Original legal text. Not legal advice."}