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Nevada Revised Statutes - Property Rights and TransactionsLegal Research Home > Nevada Lawyer > Property Rights and Transactions > Nevada Revised Statutes - Property Rights and Transactions Nevada Revised Statutes Section 111.010 Definitions. As used in this chapter:
1. “Conveyance” shall be construed to embrace every instrument in writing, except a last will and testament, whatever may be its form, and ... Nevada Revised Statutes Section 111.015 Power of court to compel specific performance not abridged. Nothing contained in this chapter shall be construed to abridge the powers of courts to compel the specific performance of agreements ...
Nevada Revised Statutes Section 111.020 Instruments may be subscribed by lawful agents. Every instrument required by any of the provisions of this chapter to be subscribed by any party, may be subscribed by the lawful ...
Nevada Revised Statutes Section 111.025 Conveyances void against purchasers are void against their heirs or assigns. Every conveyance, charge, instrument or proceeding declared to be void by the provisions of this chapter, as against purchasers, ...
Nevada Revised Statutes Section 111.040 Validity of conveyances made before December 2, 1861. All conveyances of real property made, acknowledged or proved prior to December 2, 1861, according to the laws in force at the ...
Nevada Revised Statutes Section 111.045 Legality of conveyances executed before December 2, 1861, depends on laws and customs of mining and agricultural districts. The legality of the execution, acknowledgment, proof, form or record of any ...
Nevada Revised Statutes Section 111.050 Chapter not to be construed to conflict with lawful mining rules, regulations and customs. This chapter shall not be so construed as to interfere or conflict with the lawful mining ...
Nevada Revised Statutes Section 111.055 Nonresident aliens, persons and corporations may hold real property.
1. Any nonresident alien, person or corporation may take, hold and enjoy any real property or any interest in lands, ... Nevada Revised Statutes Section 111.060 Tenancy in common: Definition. Every interest in real property granted or devised to two or more persons, other than executors and trustees, as such, shall be a tenancy in common, ...
Nevada Revised Statutes Section 111.063 Tenancy in common: Creation. Tenancy in common in real or personal property may be created by a single conveyance from a husband and wife holding title as joint tenants to ...
Nevada Revised Statutes Section 111.064 Tenancy in common or estate in community property: Creation; right of survivorship.
1. Estates as tenants in common or estates in community property may be created by conveyance from ... Nevada Revised Statutes Section 111.065 Joint tenancy in real and personal property: Creation.
1. Joint tenancy in real property may be created by a single will or transfer when expressly declared in the will ... Nevada Revised Statutes Section 111.070 Fee simple: Words of inheritance not necessary. 1. The term “heirs,” or other words of inheritance, shall not be necessary to create or convey an estate in fee simple. Nevada Revised Statutes Section 111.075 “Heir” or “issue” in remainders. Where a remainder in lands or tenements, goods or chattels shall be limited by deed or otherwise, to take effect on the death of any ...
Nevada Revised Statutes Section 111.080 Contingent future interest: Defeat on birth of posthumous child. A future estate, depending on the contingency of the death of any person without heirs or issue, or children, shall be ...
Nevada Revised Statutes Section 111.085 Estates tail: Enjoyment by posthumous child. Where an estate shall be any conveyance limited, in remainder, to the son or daughter or issue, or to use of the son or ...
Nevada Revised Statutes Section 111.090 Grants of rents, reversions and remainders effective without attornments of tenants. Grants of rents, or of reversions, or remainders, shall be good and effectual without attornments of the tenants; but ...
Nevada Revised Statutes Section 111.095 When attornment of tenant void. The attornment of a tenant to a stranger shall be void unless it be with the consent of the landlord of such tenant, or in ...
Nevada Revised Statutes Section 111.100 Lineal and collateral warranties abolished. Lineal and collateral warranties, with all their incidents, are abolished; but the heirs and devisees of every person who shall have made any covenant or ...
Nevada Revised Statutes Section 111.101 Abolishment of Rule in Shelley’s Case. If land is granted or devised to a person and after his death to his heirs or the heirs of his body, regardless of ...
Nevada Revised Statutes Section 111.102 Abolishment of doctrine of destructibility of contingent remainders. A contingent remainder is not destroyed by the termination of the preceding estate before the satisfaction of the condition upon which the ...
Nevada Revised Statutes Section 111.103 Short title; uniformity of application and construction. NRS 111.103 to 111.1039, inclusive:
1. May be cited as the Uniform Statutory Rule Against Perpetuities; and 2. Must be applied ... Nevada Revised Statutes Section 111.1031 Statutory rule against perpetuities.
1. A nonvested property interest is invalid unless: (a) When the interest is created, it is certain to vest or terminate no later than ... Nevada Revised Statutes Section 111.1033 When nonvested property interest or power of appointment created.
1. Except as provided in subsections 2 and 3 and in subsection 1 of NRS 111.1039, the time of creation ... Nevada Revised Statutes Section 111.1035 Reformation. Upon the petition of an interested person, a court shall reform a disposition in the manner that most closely approximates the transferor’s manifested plan of distribution and is within ...
Nevada Revised Statutes Section 111.1037 Exclusions from statutory rule against perpetuities. NRS 111.1031 does not apply to:
1. A nonvested property interest or a power of appointment arising out of a nondonative transfer, except ... Nevada Revised Statutes Section 111.1039 Prospective application.
1. Except as extended by subsection 2, NRS 111.103 to 111.1037, inclusive, apply to a nonvested property interest or a power of appointment that is created on ... Nevada Revised Statutes Section 111.105 Conveyances by deed. Conveyances of lands, or of any estate or interest therein, may be made by deed, signed by the person from whom the estate or interest is intended ...
Nevada Revised Statutes Section 111.109 Conveyance by deed which becomes effective upon death of grantor.
1. The owner of an interest in real property may create a deed that conveys his interest in real ... Nevada Revised Statutes Section 111.115 Proof of execution of conveyance. The proof of the execution of any conveyance, whereby any real property is conveyed, or may be affected, shall be:
1. By the testimony ... Nevada Revised Statutes Section 111.120 Conditions necessary before proof by subscribing witness can be taken. No proof by a subscribing witness shall be taken unless the witness shall be personally known to the person taking ...
Nevada Revised Statutes Section 111.125 Proof required from subscribing witnesses. No certificate of proof shall be granted unless subscribing witnesses shall prove:
1. That the person whose name is subscribed thereto as a party ... Nevada Revised Statutes Section 111.130 Contents of certificate of proof. The certificate of proof shall set forth the following matters:
1. The fact that the subscribing witness was personally known to the person granting ... Nevada Revised Statutes Section 111.135 When proof by evidence of handwriting may be taken. No proof by evidence of the handwriting of the party, and of a subscribing witness, shall be taken, unless the person ...
Nevada Revised Statutes Section 111.140 Statements of witnesses under oath before certificate granted. No certificate of any such proof shall be granted unless:
1. A competent and credible witness shall state, on oath or ... Nevada Revised Statutes Section 111.145 Witnesses to conveyance may be subpoenaed. Upon the application of any grantee in any conveyance required by this chapter to be recorded, or by any person claiming under such grantee, ...
Nevada Revised Statutes Section 111.150 Penalty for failure of witness to appear when subpoenaed.
1. Every person who, being served with a subpoena, shall, without reasonable cause, refuse or neglect to appear, or appearing ... Nevada Revised Statutes Section 111.155 Conveyance acknowledged or proved may be read in evidence. Every conveyance, or other instrument, conveying or affecting real property, which shall be acknowledged, or proved and certified, as prescribed in ...
Nevada Revised Statutes Section 111.160 After-acquired title passes to grantee. If any person shall convey any real property, by conveyance purporting to convey the same in fee simple absolute, and shall not at the time ...
Nevada Revised Statutes Section 111.165 Adverse possession does not prevent sale and conveyance. Any person claiming title to any real property may, notwithstanding there may be an adverse possession thereof, sell and convey his interest ...
Nevada Revised Statutes Section 111.167 Presumption of conveyance with land: Water rights, permits, certificates and applications appurtenant to land. Unless the deed conveying land specifically provides otherwise, all:
1. Applications and permits to appropriate ... Nevada Revised Statutes Section 111.170 Construction of words “grant, bargain and sell” in conveyances; suit upon covenants.
1. The words “grant, bargain and sell” in all conveyances made after December 2, 1861, in and ... Nevada Revised Statutes Section 111.175 Conveyances made to defraud prior or subsequent purchasers are void. Every conveyance of any estate, or interest in lands, or the rents and profits of lands, and every charge upon ...
Nevada Revised Statutes Section 111.180 Conveyance not deemed fraudulent in favor of subsequent purchaser with notice unless grantee privy to fraud. No such conveyance, or charge, shall be deemed fraudulent in favor of a subsequent ...
Nevada Revised Statutes Section 111.185 Power of revocation at will. Every conveyance or charge of or upon any estate or interest in lands, containing any provision for the revocation, determination or alteration of such estate ...
Nevada Revised Statutes Section 111.190 Revocation and reconveyance. Where a power to revoke a conveyance of lands, or the rents and profits thereof, and to reconvey the same, shall be given to any person other ...
Nevada Revised Statutes Section 111.195 Effect of conveyance made before power of revocation can be exercised. If a conveyance to a purchaser, under either NRS 111.185 or 111.190, shall be made before the person making ...
Nevada Revised Statutes Section 111.200 Limitations on terms of leases.
1. No agricultural or grazing lands within the state shall hereafter be conveyed for agricultural or grazing purposes by lease or otherwise, except in ... Nevada Revised Statutes Section 111.205 No estate created in land unless by operation of law or written conveyance; leases for terms not exceeding 1 year.
1. No estate or interest in lands, other than ... Nevada Revised Statutes Section 111.210 Contracts for sale or lease of land for periods in excess of 1 year void unless in writing.
1. Every contract for the leasing for a longer period than ... Nevada Revised Statutes Section 111.220 Agreements not in writing: When void. In the following cases every agreement is void, unless the agreement, or some note or memorandum thereof expressing the consideration, is in writing, and ...
Nevada Revised Statutes Section 111.235 Grants and assignments of existing trusts to be in writing or are void. Every grant or assignment of any existing trust in lands, goods or things in action, unless the ...
Nevada Revised Statutes Section 111.237 Prohibition or restriction based on race, color, religion, ancestry or national origin.
1. Every provision in a written instrument relating to real property which purports to forbid or restrict ... Nevada Revised Statutes Section 111.238 Prohibition on display of flag of the United States on property.
1. Except as otherwise provided in subsection 2, any covenant, condition or restriction contained in a deed, contract ... Nevada Revised Statutes Section 111.239 Prohibition or restriction on use of system for obtaining solar energy on property.
1. Any covenant, restriction or condition contained in a deed, contract or other legal instrument which ... Nevada Revised Statutes Section 111.240 Acknowledgment of conveyances. Every conveyance in writing whereby any real property is conveyed or may be affected must be acknowledged or proved and certified in the manner provided in this ...
Nevada Revised Statutes Section 111.265 Persons authorized to take acknowledgment or proof within state. The proof or acknowledgment of every conveyance affecting any real property, if acknowledged or proved within this state, must be taken ...
Nevada Revised Statutes Section 111.310 Instruments entitled to recordation; patents need not be acknowledged.
1. Except as otherwise provided in NRS 111.312, a certificate of the acknowledgment of any conveyance or other instrument in ... Nevada Revised Statutes Section 111.312 Requirements for recording certain documents relating to real property.
1. The county recorder shall not record with respect to real property, a notice of completion, a declaration of homestead, ... Nevada Revised Statutes Section 111.315 Recording of conveyances and instruments: Notice to third persons. Every conveyance of real property, and every instrument of writing setting forth an agreement to convey any real property, or whereby ...
Nevada Revised Statutes Section 111.320 Filing of conveyances or other instruments is notice to all persons: Effect on subsequent purchasers and mortgagees. Every such conveyance or instrument of writing, acknowledged or proved and certified, and ...
Nevada Revised Statutes Section 111.325 Unrecorded conveyances void as against subsequent bona fide purchaser for value when conveyance recorded. Every conveyance of real property within this State hereafter made, which shall not be recorded as ...
Nevada Revised Statutes Section 111.340 Certificate of acknowledgment and record may be rebutted. Neither the certificate of the acknowledgment nor of the proof of any conveyance or instrument, nor the record, nor the transcript of ...
Nevada Revised Statutes Section 111.345 Proof taken upon oath of incompetent witness: Instrument not admissible until established by competent proof. If the party contesting the proof of any conveyance or instrument shall make it appear ...
Nevada Revised Statutes Section 111.347 Recording defective instrument: Notice to subsequent purchasers; admissibility in evidence. Any instrument affecting the title to real property, 3 years after the instrument has been copied into the proper book ...
Nevada Revised Statutes Section 111.350 Conveyances or other instruments recorded before December 17, 1862: Notice to subsequent purchasers; certified copies as evidence.
1. All instruments of writing copied into the proper books of record ... Nevada Revised Statutes Section 111.353 Recording of master form mortgages and deeds of trust; incorporation of provisions by reference in subsequently recorded instruments. A mortgage or deed of trust of real property may be recorded ...
Nevada Revised Statutes Section 111.355 Recordation of only part of instrument under certain conditions. A document or paper may be presented for the recordation of only a part of its contents if:
1. The ... Nevada Revised Statutes Section 111.365 Recording affidavit of death of joint tenant or spouse holding community property with right of survivorship creates disputable presumption title vested in survivor; county recorder to send information contained in ...
Nevada Revised Statutes Section 111.370 Creation of easement by grant; signing, recording and contents of instrument creating easement.
1. An easement for collection of solar energy may be created by a grant from the ... Nevada Revised Statutes Section 111.375 Vesting of easement; effect of transfer of land.
1. An easement for the collection of solar energy becomes vested in a grantee upon the recording of the grant. ... Nevada Revised Statutes Section 111.380 Termination, modification or extinguishment of easement. An easement for the collection of solar energy:
1. Terminates upon the expiration of a period of limitation specified in the grant creating ... Nevada Revised Statutes Section 111.390 General purpose. The general purpose of NRS 111.390 to 111.440, inclusive, is to make uniform the law of those states which enact the Uniform Conservation Easement Act or provisions substantially ...
Nevada Revised Statutes Section 111.400 Scope.
1. NRS 111.390 to 111.440, inclusive, apply to any interest in real property created: (a) On or after July 1, 1983, which complies with those sections, whether ... Nevada Revised Statutes Section 111.410 Definitions. As used in NRS 111.390 to 111.440, inclusive, unless the context otherwise requires:
1. “Easement for conservation” means a nonpossessory interest of a holder in real property, which ... Nevada Revised Statutes Section 111.420 Creation; recording; duration; effect on existing interest in real property.
1. Except as otherwise provided in NRS 111.390 to 111.440, inclusive, an easement for conservation may be created, conveyed, ... Nevada Revised Statutes Section 111.430 Actions affecting easements for conservation.
1. An action affecting an easement for conservation may be brought by: (a) An owner of an interest in the real property burdened ... Nevada Revised Statutes Section 111.440 Validity. An easement for conservation is valid even though:
1. It is not appurtenant to an interest in real property; 2. It can be or has been assigned ... Nevada Revised Statutes Section 111.450 Power of attorney to convey real property: Acknowledgment; recordation and revocation.
1. Every power of attorney, or other instrument in writing, containing the power to convey any real property ... Nevada Revised Statutes Section 111.460 Power of attorney for disabled principal: Execution; actions binding; accounting to guardian. Whenever a principal designates another his attorney-in-fact or agent by a power of attorney in writing and the ...
Nevada Revised Statutes Section 111.470 Power of attorney for disabled principal: Power not terminated by death, disability or incompetence of principal; affidavit of attorney-in-fact or agent as evidence of nonrevocation or nontermination.
1. The ... Nevada Revised Statutes Section 111.480 Short title; uniformity of application and construction. NRS 111.480 to 111.650, inclusive:
1. May be cited as the Uniform TOD Security Registration Act; and 2. Must be construed ... Nevada Revised Statutes Section 111.490 Definitions. As used in NRS 111.480 to 111.650, inclusive, unless the context otherwise requires, the words and terms defined in NRS 111.500 to 111.540, inclusive, have the meanings ascribed to ...
Nevada Revised Statutes Section 111.500 “Beneficiary” defined. “Beneficiary” means a person designated to become the owner of a security upon the death of the preceding owner. ...
Nevada Revised Statutes Section 111.510 “Beneficiary form” defined. “Beneficiary form” means the registration of a security that indicates the present owner of the security and designates a beneficiary. ...
Nevada Revised Statutes Section 111.520 “Register” defined. “Register” means to issue a certificate showing the ownership of a certificated security or, in the case of an uncertificated security, to initiate or transfer an account showing ...
Nevada Revised Statutes Section 111.530 “Registering entity” defined. “Registering entity” means a person who originates or transfers title to a security by registration. The term includes a broker maintaining securities accounts for customers and a ...
Nevada Revised Statutes Section 111.540 “Security” defined. “Security” means a share, participation or other interest in property, in a business or in an obligation of an enterprise or other issuer. The term includes a certificated ...
Nevada Revised Statutes Section 111.550 Applicability. NRS 111.480 to 111.650, inclusive, apply to registrations of securities in beneficiary form made before, on or after October 1, 1997, by decedents dying on or after October 1, ...
Nevada Revised Statutes Section 111.560 Persons eligible to obtain registration; manner in which multiple owners of registered securities hold title. Only natural persons whose registration of a security shows sole ownership by one natural person ...
Nevada Revised Statutes Section 111.570 Validity of registration.
1. A security may be registered in beneficiary form if the Uniform TOD Security Registration Act or a similar statute is in force in: (a) ... Nevada Revised Statutes Section 111.580 Designation of beneficiary required for registration. A security, whether evidenced by certificate or account, is registered in beneficiary form if the registration includes a designation of a beneficiary to become ...
Nevada Revised Statutes Section 111.590 Words or abbreviations indicating registration. Registration in beneficiary form may be shown by the words “transfer on death” or the abbreviation “TOD” or by the words “pay on death” or ...
Nevada Revised Statutes Section 111.600 Effect of designation of beneficiary on ownership of registered securities; cancellation or modification of registration. The designation of a beneficiary on a registration in beneficiary form has no effect on ...
Nevada Revised Statutes Section 111.610 Disposition of registered securities upon death of owner. On the death of a sole owner or the last to die of all multiple owners, ownership of securities registered in beneficiary ...
Nevada Revised Statutes Section 111.620 Transfer on death of registered security is contractual and not testamentary; rights of creditors.
1. A transfer on death resulting from a registration in beneficiary form is effective ... Nevada Revised Statutes Section 111.630 Offer or acceptance of requests for registration by registering entity.
1. A registering entity is not required to offer or to accept a request for registration of a ... Nevada Revised Statutes Section 111.640 Right of registering entity to establish terms and conditions for receiving and effectuating registrations; substitution and identification of beneficiaries.
1. A registering entity offering to accept registrations in beneficiary ... Nevada Revised Statutes Section 111.650 Liability of registering entity.
1. A registering entity is discharged from all claims to a security by the estate, creditors, heirs or devisees of a deceased owner if it ... Nevada Revised Statutes Section 112.140 Short title. This chapter may be cited as the Uniform Fraudulent Transfer Act. ...
Nevada Revised Statutes Section 112.150 Definitions. As used in this chapter, unless the context otherwise requires:
1. “Affiliate” means: (a) A person who directly or indirectly owns, controls or holds with power to ... Nevada Revised Statutes Section 112.160 Insolvency.
1. A debtor is insolvent if the sum of the debtor’s debts is greater than all of the debtor’s assets at a fair valuation. 2. A debtor ... Nevada Revised Statutes Section 112.170 Value; reasonably equivalent value; present value.
1. Value is given for a transfer or an obligation if, in exchange for the transfer or obligation, property is transferred or an ... Nevada Revised Statutes Section 112.180 Transfer made or obligation incurred with intent to defraud or without receiving reasonably equivalent value; determination of intent.
1. A transfer made or obligation incurred by a debtor is ... Nevada Revised Statutes Section 112.190 Transfer made or obligation incurred by insolvent.
1. A transfer made or obligation incurred by a debtor is fraudulent as to a creditor whose claim arose before the transfer ... Nevada Revised Statutes Section 112.200 Time at which transfer or obligation deemed made or incurred. For the purposes of this chapter:
1. A transfer is made: (a) With respect to an asset that ... Nevada Revised Statutes Section 112.210 Rights of creditor in action for relief against transfer or obligation.
1. In an action for relief against a transfer or obligation under this chapter, a creditor, subject to ... Nevada Revised Statutes Section 112.220 Avoidance of transfer or obligation: Protection of good faith transferee or obligee; recovery of judgment for value of asset transferred; certain transfers not voidable.
1. A transfer or obligation ... Nevada Revised Statutes Section 112.230 Limitation of actions. Except as otherwise provided in NRS 166.170, a claim for relief with respect to a fraudulent transfer or obligation under this chapter is extinguished unless action is ...
Nevada Revised Statutes Section 112.240 Supplementary general provisions of law applicable. Unless displaced by the provisions of this chapter, the principles of law and equity, including the law merchant and the law relating to principal ...
Nevada Revised Statutes Section 112.250 Construction of chapter. This chapter must be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this chapter among states ...
Nevada Revised Statutes Section 113.010 Successor in office may execute deeds. Where lands, or any estate or interest therein, have been or may hereafter be sold by a sheriff, constable or other authorized officer, for ...
Nevada Revised Statutes Section 113.020 Evidentiary effect of deed made by successor in office. Deeds, made as provided in NRS 113.010, shall have the same force and effect as evidence as if made by the ...
Nevada Revised Statutes Section 113.030 Short title. NRS 113.040 and 113.050 may be cited as the Uniform Vendor and Purchaser Risk Act. ...
Nevada Revised Statutes Section 113.040 Rights and duties under contract for purchase and sale of real property when property destroyed. Any contract made in this state after July 1, 1977, for the purchase and sale ...
Nevada Revised Statutes Section 113.050 Construction. NRS 113.030 and 113.040 shall be interpreted and construed to effectuate its general purpose to make uniform the law of those states which enact it. ...
Nevada Revised Statutes Section 113.060 Certain sellers to give notice of rates for water and sewerage services.
1. Any person who is proposing to sell a previously unsold home or improved lot for which ... Nevada Revised Statutes Section 113.065 Required disclosure upon sale of home or improved lot adjacent to open range; disclosure constitutes affirmative defense in action resulting from livestock entering property.
1. Before the purchaser of ... Nevada Revised Statutes Section 113.070 Required disclosures by certain sellers relating to zoning classifications, designations in master plan regarding land use and general land uses described in master plan.
1. Before the initial purchaser ... Nevada Revised Statutes Section 113.080 Additional required disclosures by certain sellers in county whose population is 400,000 or more relating to gaming enterprise districts.
1. Except as otherwise provided in subsection 3, in a ... Nevada Revised Statutes Section 113.100 Definitions. As used in NRS 113.100 to 113.150, inclusive, unless the context otherwise requires:
1. “Defect” means a condition that materially affects the value or use of residential property ... Nevada Revised Statutes Section 113.110 Conditions required for “conveyance of property” and to complete service of document. For the purposes of NRS 113.100 to 113.150, inclusive:
1. A “conveyance of property” occurs: (a) ... Nevada Revised Statutes Section 113.120 Regulations prescribing format and contents of form for disclosing condition of property. The Real Estate Division of the Department of Business and Industry shall adopt regulations prescribing the format and ...
Nevada Revised Statutes Section 113.130 Completion and service of disclosure form before conveyance of property; discovery or worsening of defect after service of form; exceptions; waiver.
1. Except as otherwise provided in subsections 2 ... Nevada Revised Statutes Section 113.135 Certain sellers to provide copies of certain provisions of NRS and give notice of certain soil reports; initial purchaser entitled to rescind sales agreement in certain circumstances; waiver of right ...
Nevada Revised Statutes Section 113.140 Disclosure of unknown defect not required; form does not constitute warranty; duty of buyer and prospective buyer to exercise reasonable care.
1. NRS 113.130 does not require a seller ... Nevada Revised Statutes Section 113.150 Remedies for seller’s delayed disclosure or nondisclosure of defects in property; waiver.
1. If a seller or his agent fails to serve a completed disclosure form in accordance with ... Nevada Revised Statutes Section 115.005 Definitions. As used in this chapter, unless the context otherwise requires:
1. “Equity” means the amount that is determined by subtracting from the fair market value of the property ... Nevada Revised Statutes Section 115.010 Exemption from sale on execution and from process of court; amount of exemption; exceptions; extension of exemption.
1. The homestead is not subject to forced sale on execution or ... Nevada Revised Statutes Section 115.020 Declaration of homestead: Contents; recording; notice required of person who charges fee for recording declaration; rights not extinguished by certain conveyances; rights of trustee; penalty.
1. The selection must ... Nevada Revised Statutes Section 115.030 Tenants in common: Declaration of homestead. Tenants in common may declare for homestead rights upon their respective estates in lands, and the improvements thereon; and hold and enjoy homestead rights ...
Nevada Revised Statutes Section 115.040 Mortgage or alienation of homestead property; abandonment of homestead.
1. A mortgage or alienation of any kind, made for the purpose of securing a loan or indebtedness upon the ... Nevada Revised Statutes Section 115.050 Execution against homestead.
1. Whenever execution has been issued against the property of a party claiming the property as a homestead, and the creditor in the judgment makes an ... Nevada Revised Statutes Section 115.060 Disposition in case of death. Except as otherwise provided in a premarital agreement between the husband and wife which is enforceable pursuant to chapter 123A of NRS:
1. If ... Nevada Revised Statutes Section 115.070 Conveyance of homestead by owner when spouse insane: Procedure.
1. If the spouse of any owner of a homestead is insane, and the owner desires to convey the homestead, ... Nevada Revised Statutes Section 115.080 Property not exempt from sale for taxes. Nothing in this chapter shall be so construed as exempting any real or personal property from sale for taxes. ...
Nevada Revised Statutes Section 115.090 Property not exempt from recovery of money owed to Department of Human Resources for Medicaid benefits. Nothing in this chapter exempts any real or personal property from any statute of ...
Nevada Revised Statutes Section 116.001 Short title. This chapter may be cited as the Uniform Common-Interest Ownership Act. ...
Nevada Revised Statutes Section 116.003 Definitions. As used in this chapter and in the declaration and bylaws of an association, unless the context otherwise requires, the words and terms defined in NRS 116.005 to 116.095, ...
Nevada Revised Statutes Section 116.005 “Administrator” defined. “Administrator” means the Real Estate Administrator. ...
Nevada Revised Statutes Section 116.007 “Affiliate of a declarant” defined.
1. “Affiliate of a declarant” means any person who controls, is controlled by or is under common control with a declarant. 2. A ... Nevada Revised Statutes Section 116.009 “Allocated interests” defined. “Allocated interests” means the following interests allocated to each unit:
1. In a condominium, the undivided interest in the common elements, the liability for common expenses, ... Nevada Revised Statutes Section 116.011 “Association” and “unit-owners’ association” defined. “Association” or “unit-owners’ association” means the unit-owners’ association organized under NRS 116.3101. ...
Nevada Revised Statutes Section 116.013 “Certificate” defined. “Certificate” means a certificate for the management of a common-interest community issued by the Division. ...
Nevada Revised Statutes Section 116.015 “Commission” defined. “Commission” means the Commission for Common-Interest Communities created by NRS 116.600. ...
Nevada Revised Statutes Section 116.017 “Common elements” defined. “Common elements” means:
1. In a condominium or cooperative, all portions of the common-interest community other than the units, including easements in favor of units or ... Nevada Revised Statutes Section 116.019 “Common expenses” defined. “Common expenses” means expenditures made by, or financial liabilities of, the association, together with any allocations to reserves. ...
Nevada Revised Statutes Section 116.021 “Common-interest community” defined. “Common-interest community” means real estate with respect to which a person, by virtue of his ownership of a unit, is obligated to pay for real estate other ...
Nevada Revised Statutes Section 116.023 “Community manager” defined. “Community manager” means a person who provides for or otherwise engages in the management of a common-interest community. ...
Nevada Revised Statutes Section 116.025 “Complaint” defined. “Complaint” means a complaint filed by the Administrator pursuant to NRS 116.765. ...
Nevada Revised Statutes Section 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 ...
Nevada Revised Statutes Section 116.029 “Converted building” defined. “Converted building” means a building that at any time before creation of the common-interest community was occupied wholly or partially by persons other than purchasers and persons ...
Nevada Revised Statutes Section 116.031 “Cooperative” defined. “Cooperative” means a common-interest community in which the real estate is owned by an association, each of whose members is entitled by virtue of his ownership in the ...
Nevada Revised Statutes Section 116.033 “Dealer” defined. “Dealer” means a person in the business of selling units for his own account. ...
Nevada Revised Statutes Section 116.035 “Declarant” defined. “Declarant” means any person or group of persons acting in concert who:
1. As part of a common promotional plan, offers to dispose of his or its ... Nevada Revised Statutes Section 116.037 “Declaration” defined. “Declaration” means any instruments, however denominated, that create a common-interest community, including any amendments to those instruments. ...
Nevada Revised Statutes Section 116.039 “Developmental rights” defined. “Developmental rights” means any right or combination of rights reserved by a declarant in the declaration to:
1. Add real estate to a common-interest community; ... Nevada Revised Statutes Section 116.041 “Dispose” and “disposition” defined. “Dispose” or “disposition” means a voluntary transfer to a purchaser of any legal or equitable interest in a unit, but the term does not include the ...
Nevada Revised Statutes Section 116.043 “Division” defined. “Division” means the Real Estate Division of the Department of Business and Industry. ...
Nevada Revised Statutes Section 116.045 “Executive board” defined. “Executive board” means the body, regardless of name, designated in the declaration to act on behalf of the association. ...
Nevada Revised Statutes Section 116.047 “Financial statement” defined. “Financial statement” means a balance sheet showing profit and loss of an association and the funds held in reserve by the association. ...
Nevada Revised Statutes Section 116.049 “Governing documents” defined. “Governing documents” means the declaration, articles of incorporation, articles of association, bylaws and rules of an association and any other documents that govern the operation of a ...
Nevada Revised Statutes Section 116.051 “Hearing panel” defined. “Hearing panel” means a hearing panel appointed by the Commission pursuant to NRS 116.675. ...
Nevada Revised Statutes Section 116.053 “Identifying number” defined. “Identifying number” means a symbol, address or legally sufficient description of real estate which identifies only one unit in a common-interest community. ...
Nevada Revised Statutes Section 116.055 “Leasehold common-interest community” defined. “Leasehold common-interest community” means a common-interest community in which all or a portion of the real estate is subject to a lease the expiration or termination ...
Nevada Revised Statutes Section 116.057 “Liability for common expenses” defined. “Liability for common expenses” means the liability for common expenses allocated to each unit pursuant to NRS 116.2107. ...
Nevada Revised Statutes Section 116.059 “Limited common element” defined. “Limited common element” means a portion of the common elements allocated by the declaration or by operation of subsection 2 or 4 of NRS 116.2102 for ...
Nevada Revised Statutes Section 116.061 “Management of a common-interest community” defined. “Management of a common-interest community” means the physical, administrative or financial maintenance and management of a common-interest community, or the supervision of those activities, ...
Nevada Revised Statutes Section 116.063 “Master association” defined. “Master association” means an organization described in NRS 116.212, whether or not it is also an association described in NRS 116.3101. ...
Nevada Revised Statutes Section 116.065 “Offering” defined. “Offering” means any advertisement, inducement, solicitation or attempt to encourage any person to acquire any interest in a unit, other than as security for an obligation. An advertisement ...
Nevada Revised Statutes Section 116.067 “Ombudsman” defined. “Ombudsman” means the Ombudsman for Owners in Common-Interest Communities. ...
Nevada Revised Statutes Section 116.069 “Party to the complaint” defined. “Party to the complaint” means the Division and the respondent. ...
Nevada Revised Statutes Section 116.071 “Permit” defined. “Permit” means a permit to engage in property management issued pursuant to the provisions of chapter 645 of NRS. ...
Nevada Revised Statutes Section 116.073 “Person” defined. “Person” includes a government and governmental subdivision or agency. ...
Nevada Revised Statutes Section 116.075 “Planned community” defined. “Planned community” means a common-interest community that is not a condominium or a cooperative. A condominium or cooperative may be part of a planned community. ...
Nevada Revised Statutes Section 116.077 “Proprietary lease” defined. “Proprietary lease” means an agreement with the association pursuant to which a member is entitled to exclusive possession of a unit in a cooperative. ...
Nevada Revised Statutes Section 116.079 “Purchaser” defined. “Purchaser” means a person, other than a declarant or a dealer, who by means of a voluntary transfer acquires a legal or equitable interest in a unit other ...
Nevada Revised Statutes Section 116.081 “Real estate” defined. “Real estate” means any leasehold or other estate or interest in, over or under land, including structures, fixtures and other improvements and interests that by custom, usage ...
Nevada Revised Statutes Section 116.083 “Residential use” defined. “Residential use” means use as a dwelling or for personal, family or household purposes by ordinary customers, whether rented to particular persons or not. Such uses include ...
Nevada Revised Statutes Section 116.085 “Respondent” defined. “Respondent” means a person against whom:
1. An affidavit has been filed pursuant to NRS 116.760. 2. A complaint has been filed pursuant to NRS 116.765. ... Nevada Revised Statutes Section 116.087 “Security interest” defined. “Security interest” means an interest in real estate or personal property, created by contract or conveyance, which secures payment or performance of an obligation. The term includes ...
Nevada Revised Statutes Section 116.089 “Special declarant’s rights” defined. “Special declarant’s rights” means rights reserved for the benefit of a declarant to:
1. Complete improvements indicated on plats and plans or in the declaration ... Nevada Revised Statutes Section 116.091 “Time share” defined. “Time share” means the right to use and occupy a unit on a recurrent periodic basis according to an arrangement allocating this right among various owners of ...
Nevada Revised Statutes Section 116.093 “Unit” defined. “Unit” means a physical portion of the common-interest community designated for separate ownership or occupancy, the boundaries of which are described pursuant to paragraph (e) of subsection 1 ...
Nevada Revised Statutes Section 116.095 “Unit’s owner” defined. “Unit’s owner” means a declarant or other person who owns a unit, or a lessee of a unit in a leasehold common-interest community whose lease expires simultaneously ...
Nevada Revised Statutes Section 116.1101 Short title. [Replaced in revision by NRS 116.001.] ...
Nevada Revised Statutes Section 116.1103 Definitions. [Replaced in revision by NRS 116.003.] ...
Nevada Revised Statutes Section 116.110305 “Administrator” defined. [Replaced in revision by NRS 116.005.] ...
Nevada Revised Statutes Section 116.11031 “Affiliate of a declarant” defined. [Replaced in revision by NRS 116.007.] ...
Nevada Revised Statutes Section 116.110313 “Allocated interests” defined. [Replaced in revision by NRS 116.009.] ...
Nevada Revised Statutes Section 116.110315 “Association” and “unit-owners’ association” defined. [Replaced in revision by NRS 116.011.] ...
Nevada Revised Statutes Section 116.110318 “Common elements” defined. [Replaced in revision by NRS 116.017.] ...
Nevada Revised Statutes Section 116.11032 “Common expenses” defined. [Replaced in revision by NRS 116.019.] ...
Nevada Revised Statutes Section 116.110323 “Common-interest community” defined. [Replaced in revision by NRS 116.021.] ...
Nevada Revised Statutes Section 116.110325 “Condominium” defined. [Replaced in revision by NRS 116.027.] ...
Nevada Revised Statutes Section 116.110328 “Converted building” defined. [Replaced in revision by NRS 116.029.] ...
Nevada Revised Statutes Section 116.11033 “Cooperative” defined. [Replaced in revision by NRS 116.031.] ...
Nevada Revised Statutes Section 116.110333 “Dealer” defined. [Replaced in revision by NRS 116.033.] ...
Nevada Revised Statutes Section 116.110335 “Declarant” defined. [Replaced in revision by NRS 116.035.] ...
Nevada Revised Statutes Section 116.110338 “Declaration” defined. [Replaced in revision by NRS 116.037.] ...
Nevada Revised Statutes Section 116.11034 “Developmental rights” defined. [Replaced in revision by NRS 116.039.] ...
Nevada Revised Statutes Section 116.110343 “Dispose” and “disposition” defined. [Replaced in revision by NRS 116.041.] ...
Nevada Revised Statutes Section 116.110345 “Executive board” defined. [Replaced in revision by NRS 116.045.] ...
Nevada Revised Statutes Section 116.110346 “Financial statement” defined. [Replaced in revision by NRS 116.047.] ...
Nevada Revised Statutes Section 116.110347 “Governing documents” defined. [Replaced in revision by NRS 116.049.] ...
Nevada Revised Statutes Section 116.110348 “Identifying number” defined. [Replaced in revision by NRS 116.053.] ...
Nevada Revised Statutes Section 116.11035 “Leasehold common-interest community” defined. [Replaced in revision by NRS 116.055.] ...
Nevada Revised Statutes Section 116.110353 “Liability for common expenses” defined. [Replaced in revision by NRS 116.057.] ...
Nevada Revised Statutes Section 116.110355 “Limited common element” defined. [Replaced in revision by NRS 116.059.] ...
Nevada Revised Statutes Section 116.110358 “Master association” defined. [Replaced in revision by NRS 116.063.] ...
Nevada Revised Statutes Section 116.11036 “Offering” defined. [Replaced in revision by NRS 116.065.] ...
Nevada Revised Statutes Section 116.110363 “Person” defined. [Replaced in revision by NRS 116.073.] ...
Nevada Revised Statutes Section 116.110368 “Planned community” defined. [Replaced in revision by NRS 116.075.] ...
Nevada Revised Statutes Section 116.110373 “Proprietary lease” defined. [Replaced in revision by NRS 116.077.] ...
Nevada Revised Statutes Section 116.110375 “Purchaser” defined. [Replaced in revision by NRS 116.079.] ...
Nevada Revised Statutes Section 116.110378 “Real estate” defined. [Replaced in revision by NRS 116.081.] ...
Nevada Revised Statutes Section 116.11038 “Residential use” defined. [Replaced in revision by NRS 116.083.] ...
Nevada Revised Statutes Section 116.110383 “Security interest” defined. [Replaced in revision by NRS 116.087.] ...
Nevada Revised Statutes Section 116.110385 “Special declarant’s rights” defined. [Replaced in revision by NRS 116.089.] ...
Nevada Revised Statutes Section 116.110388 “Time share” defined. [Replaced in revision by NRS 116.091.] ...
Nevada Revised Statutes Section 116.11039 “Unit” defined. [Replaced in revision by NRS 116.093.] ...
Nevada Revised Statutes Section 116.110393 “Unit’s owner” defined. [Replaced in revision by NRS 116.095.] ...
Nevada Revised Statutes Section 116.1104 Variation by agreement. Except as expressly provided in this chapter, its provisions may not be varied by agreement, and rights conferred by it may not be waived. A declarant may ...
Nevada Revised Statutes Section 116.1105 Separate titles and taxation.
1. In a cooperative, unless the declaration provides that the interest of a unit’s owner in a unit and its allocated interests is real estate ... Nevada Revised Statutes Section 116.1106 Applicability of local ordinances, regulations and building codes.
1. A building code may not impose any requirement upon any structure in a common-interest community which it would not impose ... Nevada Revised Statutes Section 116.1107 Eminent domain.
1. If a unit is acquired by eminent domain or part of a unit is acquired by eminent domain leaving the unit’s owner with a remnant that ... Nevada Revised Statutes Section 116.1108 Supplemental general principles of law applicable. The principles of law and equity, including the law of corporations, the law of unincorporated associations, the law of real property, and the law ...
Nevada Revised Statutes Section 116.11085 Provisions of chapter prevail over conflicting provisions governing corporations generally. If a matter governed by this chapter is also governed by chapter 78 or 82 of NRS or NRS 81.010 ...
Nevada Revised Statutes Section 116.1109 Construction against implicit repeal; uniformity of application and construction.
1. This chapter being a general act intended as a unified coverage of its subject matter, no part of it ... Nevada Revised Statutes Section 116.1112 Unconscionable agreement or term of contract.
1. The court, upon finding as a matter of law that a contract or clause of a contract was unconscionable at the time ... Nevada Revised Statutes Section 116.1113 Obligation of good faith. Every contract or duty governed by this chapter imposes an obligation of good faith in its performance or enforcement. ...
Nevada Revised Statutes Section 116.1114 Remedies to be liberally administered.
1. The remedies provided by this chapter must be liberally administered to the end that the aggrieved party is put in as good a ... Nevada Revised Statutes Section 116.11145 Subpoenas: Issuance by Real Estate Commission or its individual members; enforcement. [Replaced in revision by NRS 116.660.] ...
Nevada Revised Statutes Section 116.1116 Ombudsman for Owners in Common-Interest Communities: Creation of office; appointment; qualifications; duties. [Replaced in revision by NRS 116.625.] ...
Nevada Revised Statutes Section 116.1117 Account for the Ombudsman for Owners in Common-Interest Communities: Creation; administration; sources; uses. [Replaced in revision by NRS 116.630.] ...
Nevada Revised Statutes Section 116.1201 Applicability; regulations.
1. Except as otherwise provided in this section and NRS 116.1203, this chapter applies to all common-interest communities created within this State. 2. This chapter does ... Nevada Revised Statutes Section 116.1203 Exception for small planned communities.
1. Except as otherwise provided in subsection 2, if a planned community contains no more than 12 units and is not subject to any ... Nevada Revised Statutes Section 116.1206 Provisions of governing documents in violation of chapter deemed to conform with chapter by operation of law; procedure for certain amendments to governing documents.
1. Any provision contained in ... Nevada Revised Statutes Section 116.12065 Notice of changes to governing documents. If any change is made to the governing documents of an association, the secretary or other officer specified in the bylaws of the association ...
Nevada Revised Statutes Section 116.2101 Creation of common-interest communities. A common-interest community may be created pursuant to this chapter only by recording a declaration executed in the same manner as a deed and, in a ...
Nevada Revised Statutes Section 116.2102 Unit boundaries. Except as otherwise provided by the declaration:
1. If walls, floors or ceilings are designated as boundaries of a unit, all lath, furring, wallboard, plasterboard, plaster, paneling, ... Nevada Revised Statutes Section 116.2103 Construction and validity of declaration and bylaws.
1. The inclusion in a governing document of an association of a provision that violates any provision of this chapter does not ... Nevada Revised Statutes Section 116.2104 Description of units. A description of a unit which sets forth the name of the common-interest community, the file number and book or other information to show where the declaration ...
Nevada Revised Statutes Section 116.2105 Contents of declaration.
1. The declaration must contain: (a) The names of the common-interest community and the association and a statement that the common-interest community is either a ... Nevada Revised Statutes Section 116.2106 Leasehold common-interest communities.
1. Any lease the expiration or termination of which may terminate the common-interest community or reduce its size must be recorded. Every lessor of those leases ... Nevada Revised Statutes Section 116.2107 Allocation of allocated interests.
1. The declaration must allocate to each unit: (a) In a condominium, a fraction or percentage of undivided interests in the common elements and ... Nevada Revised Statutes Section 116.2108 Limited common elements.
1. Except for the limited common elements described in subsections 2 and 4 of NRS 116.2102, the declaration must specify to which unit or units each ... Nevada Revised Statutes Section 116.2109 Plats and plans.
1. Plats and plans are a part of the declaration, and are required for all common-interest communities except cooperatives. Each plat and plan must be clear ... Nevada Revised Statutes Section 116.211 Exercise of developmental rights.
1. To exercise any developmental right reserved under paragraph (h) of subsection 1 of NRS 116.2105, the declarant shall prepare, execute and record an amendment ... Nevada Revised Statutes Section 116.2111 Alterations of units; access to units.
1. Except as otherwise provided in this section and subject to the provisions of the declaration and other provisions of law, a unit’s ... Nevada Revised Statutes Section 116.2112 Relocation of boundaries between adjoining units.
1. Subject to the provisions of the declaration and other provisions of law, the boundaries between adjoining units may be relocated by an ... Nevada Revised Statutes Section 116.2113 Subdivision of units.
1. If the declaration expressly so permits, a unit may be subdivided into 2 or more units. Subject to the provisions of the declaration and other ... Nevada Revised Statutes Section 116.2114 Monuments as boundaries. The existing physical boundaries of a unit or the physical boundaries of a unit reconstructed in substantial accordance with the description contained in the original declaration are ...
Nevada Revised Statutes Section 116.2115 Use for purposes of sales. A declarant may maintain offices for sales and management, and models in units or on common elements in the common-interest community only if the declaration ...
Nevada Revised Statutes Section 116.2116 Easement rights; validity of existing restrictions.
1. Subject to the provisions of the declaration, a declarant has an easement through the common elements as may be reasonably necessary to ... Nevada Revised Statutes Section 116.2117 Amendment of declaration.
1. Except in cases of amendments that may be executed by a declarant under subsection 6 of NRS 116.2109 or NRS 116.211, or by the association ... Nevada Revised Statutes Section 116.2118 Termination of common-interest community.
1. Except in the case of a taking of all the units by eminent domain (NRS 116.1107) or in the case of foreclosure against an ... Nevada Revised Statutes Section 116.21183 Rights of creditors following termination.
1. Following termination of a condominium or planned community, creditors of the association holding liens on the units, which were recorded before termination, may ... Nevada Revised Statutes Section 116.21185 Respective interests of units’ owners following termination. The respective interests of units’ owners referred to in subsections 5, 6 and 7 of NRS 116.2118 and in NRS 116.21183 are as ...
Nevada Revised Statutes Section 116.21188 Effect of foreclosure or enforcement of lien or encumbrance.
1. In a condominium or planned community, except as otherwise provided in subsection 2, foreclosure or enforcement of a lien ... Nevada Revised Statutes Section 116.2119 Rights of secured lenders. The declaration may require that all or a specified number or percentage of the lenders who hold security interests encumbering the units approve specified actions of ...
Nevada Revised Statutes Section 116.212 Master associations.
1. If the declaration provides that any of the powers described in NRS 116.3102 are to be exercised by or may be delegated to a profit or ... Nevada Revised Statutes Section 116.21205 Reallocation of costs of administering common elements of certain master associations. The executive board of a master association of any common-interest community that was created before January 1, 1975, and ...
Nevada Revised Statutes Section 116.2121 Merger or consolidation of common-interest communities.
1. Any two or more common-interest communities of the same form of ownership, by agreement of the units’ owners as provided in subsection ... Nevada Revised Statutes Section 116.2122 Addition of unspecified real estate. In a planned community, if the right is originally reserved in the declaration, the declarant, in addition to any other developmental right, may amend the ...
Nevada Revised Statutes Section 116.3101 Organization of unit-owners’ association.
1. A unit-owners’ association must be organized no later than the date the first unit in the common-interest community is conveyed. 2. The membership ... Nevada Revised Statutes Section 116.3102 Powers of unit-owners’ association.
1. Except as otherwise provided in subsection 2, and subject to the provisions of the declaration, the association may: (a) Adopt and amend bylaws, ... Nevada Revised Statutes Section 116.3103 Duty of executive board to act on behalf of association; adoption and ratification of budget.
1. Except as otherwise provided in the declaration, the bylaws, this section or other ... Nevada Revised Statutes Section 116.310305 Power of executive board to impose construction penalties for failure of unit’s owner to adhere to certain schedules relating to design, construction, occupancy or use of unit or improvement.
... Nevada Revised Statutes Section 116.31031 Power of executive board to impose fines and other sanctions for violations of governing documents; procedural requirements; continuing violations; collection of past due fines.
1. Except as otherwise provided ... Nevada Revised Statutes Section 116.31032 Period of declarant’s control of association; representation of units’ owners on executive board.
1. Except as otherwise provided in this section, the declaration may provide for a period of ... Nevada Revised Statutes Section 116.31034 Election of members of executive board and officers of association; term of office of member of executive board; staggered terms; eligibility to serve on executive board; required disclosures; procedure for ...
Nevada Revised Statutes Section 116.31036 Removal of member of executive board; indemnification and defense of member of executive board.
1. Notwithstanding any provision of the declaration or bylaws to the contrary, the units’ owners, ... Nevada Revised Statutes Section 116.31038 Delivery to association of property held or controlled by declarant. Within 30 days after units’ owners other than the declarant may elect a majority of the members of the executive ...
Nevada Revised Statutes Section 116.31039 Delivery to association of additional common elements constructed by declarant or successor declarant.
1. If a common-interest community is developed in separate phases and any declarant or successor declarant ... Nevada Revised Statutes Section 116.3104 Transfer of special declarant’s right.
1. A special declarant’s right created or reserved under this chapter may be transferred only by an instrument evidencing the transfer recorded in every ... Nevada Revised Statutes Section 116.31043 Liabilities and obligations of person who succeeds to special declarant’s rights. The liabilities and obligations of a person who succeeds to special declarant’s rights are as follows:
1. A ... Nevada Revised Statutes Section 116.31046 Successor not subject to certain claims against or other obligations of transferor of special declarant’s right. NRS 116.3104 and 116.31043 do not subject any successor to a special declarant’s right ...
Nevada Revised Statutes Section 116.3105 Termination of contracts and leases of declarant. If entered into before the executive board elected by the units’ owners pursuant to NRS 116.31034 takes office, any management contract, employment contract, ...
Nevada Revised Statutes Section 116.3106 Bylaws.
1. The bylaws of the association must provide: (a) The number of members of the executive board and the titles of the officers of the association; ... Nevada Revised Statutes Section 116.31065 Rules. The rules adopted by an association:
1. Must be reasonably related to the purpose for which they are adopted. 2. Must be sufficiently explicit in their prohibition, ... Nevada Revised Statutes Section 116.31067 Right of units’ owners to display flag of the United States in certain areas; conditions and limitations on exercise of right.
1. Except as otherwise provided in subsection 2, ... Nevada Revised Statutes Section 116.3107 Upkeep of common-interest community.
1. Except to the extent provided by the declaration, subsection 2 and NRS 116.31135, the association is responsible for maintenance, repair and replacement of the ... Nevada Revised Statutes Section 116.31075 Meetings of rural agricultural residential common-interest communities: Compliance with Open Meeting Law. In conducting any meetings, a rural agricultural residential common-interest community must comply with the provisions set forth in ...
Nevada Revised Statutes Section 116.3108 Meetings of units’ owners of association; frequency of meetings; requirements concerning notice and agendas; dissemination of schedule of fines; requirements concerning minutes of meetings; right of units’ owners to make ...
Nevada Revised Statutes Section 116.31083 Meetings of executive board; frequency of meetings; requirements concerning notice and agendas; periodic review of certain financial and legal matters at meetings; requirements concerning minutes of meetings; right of units’ ...
Nevada Revised Statutes Section 116.31085 Right of units’ owners to speak at certain meetings; limitations on right; limitations on power of executive board to meet in executive session; procedure governing hearings on alleged violations; requirements ...
Nevada Revised Statutes Section 116.31087 Right of units’ owners to have certain complaints placed on agenda of meeting of executive board.
1. If an executive board receives a written complaint from a unit’s owner ... Nevada Revised Statutes Section 116.3109 Quorum.
1. Except as otherwise provided in this section and NRS 116.31034, and except when the governing documents provide otherwise, a quorum is present throughout any meeting of the ... Nevada Revised Statutes Section 116.311 Voting by units’ owners; use of proxies; voting by lessees of leased units; association prohibited from voting as owner of unit.
1. If only one of several owners of ... Nevada Revised Statutes Section 116.31105 Voting by delegates or representatives; procedure for electing delegates or representatives.
1. If the declaration so provides, in a common-interest community that consists of at least 1,000 units, the ... Nevada Revised Statutes Section 116.3111 Tort and contract liability. Neither the association nor any unit’s owner except the declarant is liable for that declarant’s torts in connection with any part of the common-interest community which ...
Nevada Revised Statutes Section 116.3112 Conveyance or encumbrance of common elements.
1. In a condominium or planned community, portions of the common elements may be conveyed or subjected to a security interest by the ... Nevada Revised Statutes Section 116.31123 Transient commercial use of units within certain planned communities.
1. Except as otherwise provided in subsection 2, in a county whose population is 400,000 or more, a person who ... Nevada Revised Statutes Section 116.31125 Association of planned community prohibited from taking certain actions regarding property, buildings and structures within planned community; validity of existing restrictions.
1. An association of a planned community may ... Nevada Revised Statutes Section 116.3113 Insurance: General requirements.
1. Commencing not later than the time of the first conveyance of a unit to a person other than a declarant, the association shall maintain, to ... Nevada Revised Statutes Section 116.31133 Insurance: Policies; use of proceeds; certificates or memoranda of insurance.
1. Insurance policies carried pursuant to NRS 116.3113 must provide to the extent reasonably available that: (a) Each ... Nevada Revised Statutes Section 116.31135 Insurance: Repair or replacement of damaged or destroyed portion of community.
1. Any portion of the common-interest community for which insurance is required under NRS 116.3113 which is damaged ... Nevada Revised Statutes Section 116.31138 Insurance: Variance or waiver of provisions in community restricted to nonresidential use. The provisions of NRS 116.3113, 116.31133 and 116.31135 may be varied or waived in the case of a ...
Nevada Revised Statutes Section 116.31139 Property management for common-interest community: Requirements; regulations; exceptions. [Replaced in revision by NRS 116.700.] ...
Nevada Revised Statutes Section 116.311391 Property management for common-interest community: Expiration, revocation or surrender of certificate does not prohibit disciplinary action against holder of certificate. [Replaced in revision by NRS 116.720.] ...
Nevada Revised Statutes Section 116.3114 Surplus funds. Unless otherwise provided in the declaration, any surplus funds of the association remaining after payment of or provision for common expenses and any prepayment of reserves must be ...
Nevada Revised Statutes Section 116.31145 Prohibition against application of assessment, fee or other charge paid by unit’s owner toward fine imposed against unit’s owner. An association may not apply any assessment, fee or other charge ...
Nevada Revised Statutes Section 116.3115 Assessments for common expenses; notice of meeting required if assessment for capital improvement or commencement of certain civil actions are to be considered; requirements for commencement of certain civil actions ...
Nevada Revised Statutes Section 116.31151 Annual distribution to units’ owners of operating and reserve budgets or summaries of such budgets.
1. Except as otherwise provided in subsection 2 and unless the declaration of a ... Nevada Revised Statutes Section 116.31152 Study of reserves; duties of executive board regarding study; qualifications of person who conducts study; contents of study; submission of study to Commission; regulations regarding study; use of money credited ...
Nevada Revised Statutes Section 116.31153 Signatures required for withdrawals from reserve account of association. Money in the reserve account of an association required by paragraph (b) of subsection 2 of NRS 116.3115 may not be ...
Nevada Revised Statutes Section 116.31155 Fees imposed on associations to pay for costs of administering Office of Ombudsman and Commission; administrative penalties for failure to pay; limitations on amount of fees and penalties.
1. ... Nevada Revised Statutes Section 116.31158 Registration of associations with Ombudsman; contents of form for registration.
1. Each association shall, at the time it pays the fee required by NRS 116.31155, register with the Ombudsman ... Nevada Revised Statutes Section 116.3116 Liens against units for assessments.
1. The association has a lien on a unit for any construction penalty that is imposed against the unit’s owner pursuant to NRS 116.310305, ... Nevada Revised Statutes Section 116.31162 Foreclosure of liens: Mailing of notice of delinquent assessment; recording of notice of default and election to sell; period during which unit’s owner may pay lien to avoid foreclosure; limitations ...
Nevada Revised Statutes Section 116.31163 Foreclosure of liens: Mailing of notice of default and election to sell to certain interested persons. The association or other person conducting the sale shall also mail, within 10 days ...
Nevada Revised Statutes Section 116.311635 Foreclosure of liens: Providing notice of time and place of sale. The association or other person conducting the sale shall also, after the expiration of the 90 days and before ...
Nevada Revised Statutes Section 116.31164 Foreclosure of liens: Procedure for conducting sale; purchase of unit by association; execution and delivery of deed; use of proceeds of sale.
1. The sale must be conducted in ... Nevada Revised Statutes Section 116.31166 Foreclosure of liens: Effect of recitals in deed; purchaser not responsible for proper application of purchase money; title vested in purchaser without equity or right of redemption.
1. The ... Nevada Revised Statutes Section 116.31168 Foreclosure of liens: Requests by interested persons for notice of default and election to sell; right of association to waive default and withdraw notice or proceeding to foreclose.
1. ... Nevada Revised Statutes Section 116.3117 Liens against association.
1. In a condominium or planned community: (a) Except as otherwise provided in paragraph (b), a judgment for money against the association, if a copy ... Nevada Revised Statutes Section 116.31175 Maintenance and availability of books, records and other papers of association: General requirements; exceptions; general records concerning certain violations; enforcement by Ombudsman; limitations on amount that may be charged to ...
Nevada Revised Statutes Section 116.31177 Maintenance and availability of certain financial records of association; provision of copies to units’ owners and Ombudsman.
1. The executive board of an association shall maintain and make available ... Nevada Revised Statutes Section 116.3118 Maintenance and availability of certain financial records necessary to provide information required for resale of units; right of units’ owners to inspect, examine, photocopy and audit records of association.
... Nevada Revised Statutes Section 116.31183 Retaliatory action prohibited. An executive board, a member of an executive board or an officer, employee or agent of an association shall not take, or direct or encourage another person ...
Nevada Revised Statutes Section 116.31185 Prohibition against certain personnel soliciting or accepting compensation, gratuity or remuneration that gives appearance of improper influence or conflict of interest. A member of an executive board, an officer of ...
Nevada Revised Statutes Section 116.31187 Prohibition against certain personnel contracting with association or accepting commission, personal profit or compensation from association; exceptions.
1. Except as otherwise provided in this section, a member of an ... Nevada Revised Statutes Section 116.3119 Association as trustee. With respect to a third person dealing with the association in the association’s capacity as a trustee, the existence of trust powers and their proper exercise by ...
Nevada Revised Statutes Section 116.4101 Applicability; exceptions.
1. NRS 116.4101 to 116.412, inclusive, apply to all units subject to this chapter, except as otherwise provided in this section or as modified or waived by ... Nevada Revised Statutes Section 116.4102 Liability for preparation and delivery of public offering statement.
1. Except as otherwise provided in subsection 2, a declarant, before offering any interest in a unit to the public, ... Nevada Revised Statutes Section 116.4103 Public offering statement: General provisions. 1. Except as otherwise provided in NRS 116.41035, a public offering statement must set forth or fully and accurately disclose each of the following: Nevada Revised Statutes Section 116.41035 Public offering statement: Limitations for certain small offerings. If a common-interest community composed of not more than 12 units is not subject to any developmental rights and no power is ...
Nevada Revised Statutes Section 116.4104 Public offering statement: Common-interest communities subject to developmental rights. If the declaration provides that a common-interest community is subject to any developmental rights, the public offering statement must disclose, in ...
Nevada Revised Statutes Section 116.4105 Public offering statement: Time shares. If the declaration provides that ownership or occupancy of any units, is or may be in time shares, the public offering statement shall disclose, in ...
Nevada Revised Statutes Section 116.4106 Public offering statement: Common-interest community containing converted building.
1. The public offering statement of a common-interest community containing any converted building must contain, in addition to the information required ... Nevada Revised Statutes Section 116.4107 Public offering statement: Common-interest community registered with Securities and Exchange Commission or State of Nevada. If an interest in a common-interest community is currently registered with the Securities and Exchange ...
Nevada Revised Statutes Section 116.4108 Purchaser’s right to cancel.
1. A person required to deliver a public offering statement pursuant to subsection 3 of NRS 116.4102 shall provide a purchaser with a copy of ... Nevada Revised Statutes Section 116.4109 Resales of units.
1. Except in the case of a sale in which delivery of a public offering statement is required, or unless exempt under subsection 2 of NRS ... Nevada Revised Statutes Section 116.41095 Required form of information statement. The information statement required by NRS 116.4103 and 116.4109 must be in substantially the following form:
1. YOU ARE AGREEING TO RESTRICTIONS ON HOW ... Nevada Revised Statutes Section 116.411 Escrow of deposits; furnishing of bond in lieu of deposit.
1. Except as otherwise provided in subsections 2 and 3, a deposit made in connection with the purchase or ... Nevada Revised Statutes Section 116.4111 Release of liens.
1. In the case of a sale of a unit where delivery of a public offering statement is required pursuant to subsection 3 of NRS 116.4102, ... Nevada Revised Statutes Section 116.4112 Converted buildings.
1. A declarant of a common-interest community containing converted buildings, and any dealer who intends to offer units in such a common-interest community, shall give each of ... Nevada Revised Statutes Section 116.4113 Express warranties of quality.
1. Express warranties made by any seller to a purchaser of a unit, if relied upon by the purchaser, are created as follows: (a) ... Nevada Revised Statutes Section 116.4114 Implied warranties of quality.
1. A declarant and any dealer warrant that a unit will be in at least as good condition at the earlier of the time of ... Nevada Revised Statutes Section 116.4115 Exclusion or modification of warranties of quality.
1. Except as limited by subsection 2 with respect to a purchaser of a unit that may be used for residential use, ... Nevada Revised Statutes Section 116.4116 Statute of limitations for warranties.
1. A judicial proceeding for breach of any obligation arising under NRS 116.4113 or 116.4114 must be commenced within 6 years after the cause ... Nevada Revised Statutes Section 116.4117 Effect of violations on rights of action; civil action for damages for failure or refusal to comply with provisions of chapter or governing documents; attorney’s fees.
1. If a ... Nevada Revised Statutes Section 116.4118 Labeling of promotional material. No promotional material may be displayed or delivered to prospective purchasers which describes or portrays an improvement that is not in existence unless the description or ...
Nevada Revised Statutes Section 116.4119 Declarant’s obligation to complete and restore.
1. Except for improvements labeled “NEED NOT BE BUILT,” the declarant shall complete all improvements depicted on any site plan or other graphic ... Nevada Revised Statutes Section 116.412 Substantial completion of units. In the case of a sale of a unit in which delivery of a public offering statement is required, a contract of sale may be executed, ...
Nevada Revised Statutes Section 116.600 Commission for Common-Interest Communities: Creation; appointment and qualifications of members; terms of office; compensation.
1. The Commission for Common-Interest Communities is hereby created. 2. The Commission consists of ... Nevada Revised Statutes Section 116.605 Commission for Common-Interest Communities: Courses of instruction for members.
1. The Division shall provide or arrange to have provided to each member of the Commission courses of instruction concerning ... Nevada Revised Statutes Section 116.610 Commission for Common-Interest Communities: Election of officers; meetings; quorum.
1. At the first meeting of each fiscal year, the Commission shall elect from its members a Chairman, a Vice ... Nevada Revised Statutes Section 116.615 Administration of chapter; regulations of Commission and Real Estate Administrator; delegation of authority; publications.
1. The provisions of this chapter shall be administered by the Division, subject to the ... Nevada Revised Statutes Section 116.620 Employment of personnel by Real Estate Division; duties of Attorney General; legal opinions by Attorney General.
1. Except as otherwise provided in this section and within the limits of ... Nevada Revised Statutes Section 116.625 Ombudsman for Owners in Common-Interest Communities: Creation of office; appointment; qualifications; powers and duties.
1. The Office of the Ombudsman for Owners in Common-Interest Communities is hereby created within ... Nevada Revised Statutes Section 116.630 Account for Common-Interest Communities: Creation; administration; sources; uses.
1. There is hereby created the Account for Common-Interest Communities in the State General Fund. The Account must be administered by ... Nevada Revised Statutes Section 116.635 Immunity. The Commission and its members, each hearing panel and its members, the Administrator, the Ombudsman, the Division, and the experts, attorneys, investigators, consultants and other personnel of the Commission ...
Nevada Revised Statutes Section 116.640 Service of notice and other information upon Commission. Any notice or other information that is required to be served upon the Commission pursuant to the provisions of this chapter may ...
Nevada Revised Statutes Section 116.645 Authority for Real Estate Division to conduct business electronically; regulations; fees; use of unsworn declaration; exclusions.
1. The Administrator may adopt regulations which establish procedures for the Division to ... Nevada Revised Statutes Section 116.660 Issuance and enforcement of subpoenas.
1. To carry out the purposes of this chapter, the Commission, or any member thereof acting on behalf of the Commission or acting on ... Nevada Revised Statutes Section 116.665 Conducting hearings and other proceedings; collection of information; development and promotion of educational guidelines; accreditation of programs of education and research.
1. The Commission shall conduct such hearings and ... Nevada Revised Statutes Section 116.670 Establishment of standards for subsidizing arbitration, mediation and educational programs; acceptance of gifts, grants and donations; agreements and cooperation with other entities. The Commission may:
1. By regulation, establish ... Nevada Revised Statutes Section 116.675 Appointment of hearing panels; delegation of powers and duties; appeals to Commission.
1. The Commission may appoint one or more hearing panels. Each hearing panel must consist of one ... Nevada Revised Statutes Section 116.680 Use of audio or video teleconference for hearings. The Commission or a hearing panel may conduct a hearing by means of an audio or video teleconference to one or more ...
Nevada Revised Statutes Section 116.700 Person prohibited from acting as community manager without permit or certificate; regulations governing standards of practice; investigations; disciplinary action; exceptions.
1. Except as otherwise provided in this section, a ... Nevada Revised Statutes Section 116.705 Regulations governing certificates issued to community managers; fees.
1. The Commission shall by regulation provide for the issuance by the Division of certificates to community managers. The regulations: ... Nevada Revised Statutes Section 116.710 Payment of child support: Statement by applicant for certificate; grounds for denial of certificate; duty of Division. [Expires by limitation on the date of the repeal of the federal law ...
Nevada Revised Statutes Section 116.715 Suspension of certificate for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of certificate. [Expires by limitation on the date of the repeal of the ...
Nevada Revised Statutes Section 116.720 Expiration, revocation or surrender of permit or certificate does not prohibit disciplinary action against holder of permit or certificate. The expiration or revocation of a permit or certificate by operation ...
Nevada Revised Statutes Section 116.725 Administrative fine for engaging in certain conduct without permit, certificate or authorization; procedure for imposition of fine; judicial review; exceptions.
1. In addition to any other remedy or penalty, ... Nevada Revised Statutes Section 116.745 “Violation” defined. As used in NRS 116.745 to 116.795, inclusive, unless the context otherwise requires, “violation” means a violation of any provision of this chapter, any regulation adopted pursuant thereto ...
Nevada Revised Statutes Section 116.750 Jurisdiction of Real Estate Division, Ombudsman, Commission and hearing panels.
1. In carrying out the provisions of NRS 116.745 to 116.795, inclusive, the Division and the Ombudsman have jurisdiction ... Nevada Revised Statutes Section 116.755 Rights, remedies and penalties are cumulative and not exclusive; limitations on power of Commission and hearing panels regarding internal activities of association.
1. The rights, remedies and penalties provided ... Nevada Revised Statutes Section 116.760 Right of person aggrieved by alleged violation to file affidavit with Real Estate Division; procedure for filing affidavit; administrative fine for filing false or fraudulent affidavit.
1. Except as ... Nevada Revised Statutes Section 116.765 Referral of affidavit to Ombudsman for assistance in resolving alleged violation; report by Ombudsman; investigation by Real Estate Division; determination of whether to file complaint with Commission.
1. Upon ... Nevada Revised Statutes Section 116.770 Procedure for hearing complaints: Time for holding hearing; continuances; notices; evidence; answers; defaults.
1. Except as otherwise provided in subsection 2, if the Administrator files a formal complaint with ... Nevada Revised Statutes Section 116.775 Representation by attorney. Any party to the complaint may be represented by an attorney at any hearing on the complaint. ...
Nevada Revised Statutes Section 116.780 Decisions on complaints.
1. After conducting its hearings on the complaint, the Commission or the hearing panel shall render a final decision on the merits of the complaint not ... Nevada Revised Statutes Section 116.785 Remedial and disciplinary action: Orders to cease and desist and to correct violations; administrative fines; removal from office or position; payment of costs; exemptions from liability.
1. If the ... Nevada Revised Statutes Section 116.790 Remedial and disciplinary action: Audit of association; requiring association to hire community manager who holds permit or certificate. If the Commission or a hearing panel, after notice and hearing, finds ...
Nevada Revised Statutes Section 116.795 Injunctions.
1. If the Commission or the Division has reasonable cause to believe, based on evidence satisfactory to it, that any person has committed a violation or will continue ... Nevada Revised Statutes Section 117.010 Definitions. As used in this chapter:
1. “Common areas” means the entire project excepting all units therein granted or reserved. 2. “Condominium” means an estate in real property ... Nevada Revised Statutes Section 117.020 Applicability; recordation, amendment and revocation of plan of project.
1. The provisions of this chapter apply to property divided into condominiums only if there was recorded before January 1, ... Nevada Revised Statutes Section 117.030 Conveyance of unit: Presumption of conveyance of entire condominium. Unless otherwise expressly stated therein, any transfer or conveyance of a unit, or an apartment, office or store which is a ...
Nevada Revised Statutes Section 117.040 Incidents of grant. Unless otherwise expressly provided in the deeds, declaration of restrictions or plan, the incidents of a condominium grant are as follows:
1. The boundaries of the ... Nevada Revised Statutes Section 117.050 Partition of project.
1. Where several persons own condominiums in a condominium project, an action may be brought pursuant to NRS 39.010 to 39.490, inclusive, by one or more ... Nevada Revised Statutes Section 117.060 Declaration of restrictions. The owner of a project may, prior to the conveyance of any condominium therein, record a declaration of restrictions relating to such project, which restrictions shall be ...
Nevada Revised Statutes Section 117.065 Maintenance fees: Custodial accounts; records. Any person who receives fees from a purchaser of a condominium for the maintenance of the project shall:
1. Immediately deposit the money in ... Nevada Revised Statutes Section 117.070 Assessment liens: Recording of notice of assessment; priority and expiration of lien; enforcement by sale.
1. A reasonable assessment upon any condominium made in accordance with a recorded declaration ... Nevada Revised Statutes Section 117.075 Assessment liens: Exercise of power of sale.
1. The power of sale conferred in NRS 117.070 shall not be exercised until: (a) The management body, its agent or ... Nevada Revised Statutes Section 117.080 Other liens. No labor performed or services or materials furnished with the consent of or at the request of a condominium owner or his agent or his contractor or subcontractor ...
Nevada Revised Statutes Section 117.090 Common personalty. Unless otherwise provided by a declaration of restrictions under NRS 117.060, the management body, if any, provided for therein, may acquire and hold, for the benefit of the ...
Nevada Revised Statutes Section 117.100 Liberal construction of deed,declarationor plan for project. Any deed, declaration or plan for a condominium project shall be liberally construed to facilitate the operation of the project, and its provisions ...
Nevada Revised Statutes Section 117.103 Rules against perpetuities and unreasonable restraints on alienation. NRS 111.1031 and the common-law rules of property known as the rule against perpetuities and the rule restricting unreasonable restraints on alienation ...
Nevada Revised Statutes Section 117.105 Interest of unit owner conveyed by tax deed. If any person acquires or is entitled to the issuance of a tax deed conveying the interest of any condominium owner, such ...
Nevada Revised Statutes Section 117.110 Construction of local zoning ordinances. Unless a contrary intent is clearly expressed, local zoning ordinances shall be construed to treat like structures, lots or parcels in like manner regardless of ...
Nevada Revised Statutes Section 118A.010 Short title. This chapter may be cited as the Residential Landlord and Tenant Act. ...
Nevada Revised Statutes Section 118A.020 Definitions. As used in this chapter, unless the context otherwise requires, the terms defined in NRS 118A.030 to 118A.170, inclusive, have the meanings ascribed to them in those sections. ...
Nevada Revised Statutes Section 118A.030 “Abandoned property” defined. “Abandoned property” means property which is left unattended on the premises after the termination of the tenancy, unless the owner of the property has expressed an intent ...
Nevada Revised Statutes Section 118A.040 “Action” defined. “Action” includes counterclaim, crossclaim, third-party claim or any other proceeding in which rights are determined. ...
Nevada Revised Statutes Section 118A.050 “Building, housing and health codes” defined. “Building, housing and health codes” include any law, ordinance or governmental regulation concerning:
1. Health, safety, sanitation or fitness for habitation; or ... Nevada Revised Statutes Section 118A.060 “Cause” defined. A tenancy is terminated with “cause” for:
1. Nonpayment of rent. 2. Nonpayment of utility charges if the landlord customarily pays such charges and submits a ... Nevada Revised Statutes Section 118A.070 “Court” defined. “Court” means the district court, justice’s court or other court of competent jurisdiction situated in the county or township wherein the premises are located. ...
Nevada Revised Statutes Section 118A.080 “Dwelling” and “dwelling unit” defined. “Dwelling” or “dwelling unit” means a structure or the part of a structure that is occupied as, or designed or intended for occupancy as, a ...
Nevada Revised Statutes Section 118A.090 “Exclude” defined. “Exclude” means to evict or to prohibit entry by locking doors or by otherwise blocking or attempting to block entry, or to make a dwelling unit uninhabitable by ...
Nevada Revised Statutes Section 118A.100 “Landlord” defined. “Landlord” means a person who provides a dwelling unit for occupancy by another pursuant to a rental agreement |