Nev. Rev. Stat. § 116.027
“Condominium” defined
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NRS 116.027 “Condominium” defined. “Condominium”
means a common-interest community in which portions of the real estate are
designated for separate ownership and the remainder of the real estate is
designated for common ownership solely by the owners of those portions. A
common-interest community is not a condominium unless the undivided interests
in the common elements are vested in the units’ owners.
(Added to NRS by 1991, 536)—(Substituted in revision for NRS 116.110325)
Notes of Decisions
Cited in 2
cases, 2007–2007 · leading case: Westpark Owners' Ass'n v. Eighth Judicial District Court
Westpark Owners' Ass'n v. Eighth Judicial District Court (2007)
“NRS 116.027 defines “condominium” as “a common-interest community in which portions of the real estate are designated for separate ownership and the remainder of the real estate is designated for common ownership solely by the owners of those portions.”
WESTPARK OWNERS'ASS'N v. Dist. Ct. (2007)
“NRS 116.027 defines "condominium" as "a common-interest community in which portions of the real estate are designated for separate ownership and the remainder of the real estate is designated for common ownership solely by the owners of those portions.”
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