{"data":{"id":"us-nv/nrs-119a.524","jurisdiction":"us-nv","citation":"NRS 119A.524","heading":"Reserved rights of developer.","body":"A developer’s reserved rights may include, without limitation, the right to:\n1. Add units or real estate to, and withdraw units or real estate from, a time-share plan.\n2. Create units, a common area or a limited common area within the project.\n3. Subdivide units or convert units into a common area.\n4. Make and complete improvements to the project.\n5. Maintain sales offices, management offices and signs for advertising the time-share plan, project and models.\n6. Enter into a subsidy agreement with the association in lieu of paying the assessments allocated to the time shares owned by the developer.\n7. Provide for the establishment of a master association, as defined in NRS 116.063.\n8. Merge or consolidate a time-share plan with another time-share plan which has the same form of ownership.\n9. Relocate boundaries between adjoining units in accordance with the provisions of this chapter.","path":["TITLE 10 — PROPERTY RIGHTS AND TRANSACTIONS","CHAPTER 119A - TIME SHARES","MANAGEMENT OF TIME-SHARE PROJECT"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-119A.html#NRS119ASec524","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:32Z","sha256":"9d85ffe742ff08d271a2f3cb802ad0de0bfd4aaf942ece5ed5545c0a2f4d1b3c","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-119a.522","next":"us-nv/nrs-119a.525"},"notice":"GroundRules: Original legal text. Not legal advice."}
