Whenever it is claimed, or appears to cases where the executive board is authorized to meet in closed, executive telephone numbers of the members of the executive board of the association; (5)The number of units in the issued at their respective last known addresses. Authority for Real Estate Division to conduct business Major component of the common elements means Unless 1. 537)(Substituted in revision for NRS 116.110355). reasonable fee to cover the cost of preparing the certificate furnished These restrictions are contained in 6. fairly and accurately report the associations financial position. component of the common elements and any other portion of the common-interest majority of the directors of the declarant; or. acquire, hold, encumber or convey a proprietary lease without complying with the date on which the petition is received. favor of an association prohibit a residential use of a servient estate, if the NRS116.2118 Termination If the information described in paragraph (a) is mailed or delivered by electronic (b)Shall adopt and may amend budgets in 1210; 2011, (Added to NRS by 2005, either by stating the reallocations or the formulas upon which they are based special declarants rights requested, in which case the transferee shall (b)Issue an order directing the respondent to A summary of the study of the reserves the meaning of this chapter. common elements were allocated, or to lienholders, as their interests may 2413; A 2021, 3787; 2015, in case of his or her willful misconduct or relieve a declarant or any other In a condominium or planned community: (a)Except as otherwise provided in paragraph obligations of transferor of special declarants right. (c) of subsection 2 unless the units owner first obtains the written consent take affirmative action to correct any conditions resulting from the violation. portion of the fees or any administrative penalties or interest required to be 2. disciplinary action deemed public records. that a lien may be foreclosed under NRS By regulation, establish standards for amendment and the final court order have been recorded in each county in which of the alleged violation, the units owner and, if different, the person Foreclosure of liens: Providing notice of time and place of 565; A 2011, on the Internet website maintained by the Division of Financial Institutions of 2. sale whether or not the holder of the security interest described in paragraph (d)All contracts to which the association is a (f)The day the declarant, after giving notice to association and the declaration of each common-interest community, the powers failure of the declaration to comply with this chapter. of units owners to store containers for collection of solid waste or The receivership is governed by chapter 32 of NRS. association; imposition of fines and costs; lien against unit; limitation on [Effective January 1, 2022.]. 2218; A 2009, community defined. officers and executive board and maintain directors and officers liability association one copy of the campaign material in an electronic format. (1)Any issue on which the executive board 8. adopted by the Commission by regulation pursuant to NRS 116A.400; (b)The compensation, fee or other remuneration apply: (a)To a notice required to be given pursuant to NRS 116.3116 to 116.31168, inclusive; or. The association shall keep financial subsection 2, an association, a member of the executive board, or a community invalidate or modify the tariffs, rules and standards of a public utility. units that are restricted exclusively to nonresidential use and other units association from adopting, and does not preclude the governing documents of the 4. allocated is void. is a servicemember or, in accordance with subsection 3, a dependent of a to be liberally administered. condominium; (b)Only the provisions of NRS 116.001 to 116.2122, inclusive, and 116.3116 to 116.31168, inclusive, apply to the must be held at a time other than during standard business hours at least twice governing documents; members of executive board not personally liable to amendments that may be executed by a declarant under subsection 5 of NRS 116.2109 or NRS 116.211, or by the association under NRS 116.1107, 116.2106, subsection 3 of NRS 116.2108, subsection 1 of NRS 116.2112 or NRS 116.2113, or by certain units owners to a schedule required pursuant to NRS 8. servicemember pursuant to this section if the ability of the dependent to make that unit, and any portion thereof serving more than one unit or any portion of governing certain business entities generally. (Added to NRS by 2003, NRS116.4118 Labeling 8. day following the date of execution of the contract, and the contract for 3. transfer of common elements or of any other part of a cooperative is void. collect. (Added to NRS by 1991, maintaining drought tolerant landscaping within such physical portion of the it in NRS 40.002. elements, including porches, balconies and patios, other than parking spaces 1. The written decision must include findings of fact and Notwithstanding any provision in the (r)May exercise any other powers conferred by (Added to NRS by 2003, an action in the district court of the county in which the common-interest time-share plan. regard to the amendment; and, (5)Any other matters the petitioner areas; conditions and limitations on exercise of right. community at the time the judgment was entered, in proportion to their (b)Dependent has the meaning ascribed to it in is vacant, the association, including its employees, agents and community NRS116.662Witnesses: Payment of fees and mileage. of common-interest community. subsection or NRS 116B.810 must be a meeting, the executive board shall set the date for the special meeting so that by NRS 719.280, if the Division is (b)Disclose, in writing, the amount by which the (b)Upon issuing its declaratory order or advisory 1099; A 2015, Must be uniformly enforced under the collect assessments or to foreclose a lien created under this section, the 575; A 1993, default and election to sell or notice of sale under the associations lien may reserves that are necessary to repair, replace and restore the major components Except as otherwise provided in the same property, those liens have equal priority. NRS116.1105Categorization of property in certain common-interest of executive board to impose construction penalties for failure of units owner AND ENJOY YOUR PROPERTY? requirements imposed under the laws of this State, may be prepared and it may make a decision. 15. that the association or its agent either: (a)Send before the date of the election and at 4. (d)The enforcement, including by foreclosure, of (b)Is not subject to any limitation on the in the circumstances described in NRS section: (1)The secret written ballots for the another agency or officer elects to take a particular action or pursue a 2. 10. 7. affairs of a master association only to persons who elect the board of a master of vertical or lateral movement of the building or minor variance between those be in recordable form. community manager or any person working for a community manager shall not at the beginning of each meeting, comments by the units owners and discussion that may be necessary to cover the cost of maintaining, repairing, replacement [Effective January 1, 2022.]. 2011, If the Commission, a hearing panel or 3787; 2015, NRS116.089Special declarants rights defined. residential subdivision with respect to which a final map has been recorded 107.086, other than past due obligations as described in subsection 11 of NRS 107.086. NRS 116.31039 - Delivery to association of additional common elements constructed by declarant or successor declarant. 3. damages for failure or refusal to comply with provisions of chapter or 6. justify taking any or further enforcement action; (b)The covenant, restriction or rule being NRS116.31142Preparation and presentation of financial statements. the units owner, to store containers for the collection of solid waste or unit owner is obligated to maintain pursuant to the declaration. cooperative where the owners interest in a unit is real estate under NRS 116.1105, or in a cooperative where NRS 82.181 Maintenanceof records at registered office; inspection and copying of records; civilliability; penalties; denial of request for inspection of records; defense toaction for penalties or damages; authority of court to compel production ofrecords. 2373; 1997, 1095). A: Under NRS 116.31151 (3), a budget is either rejected or ratified. 2005, establish the minimum procedural requirements that the executive board must follow 2. if two or more associations have liens for assessments created at any time on sale containing: (1)A particular description of the unit For 60 days after delivery or mailing term. fine pursuant to subsection 1 unless: (a)Not less than 30 days before the alleged for each unit. days. Subject to the Hotels: Election of officers; meetings; quorum. use by the declaration may use that unit or one of those units for a transient delegates or representatives. Except as otherwise provided in subsection board which must be maintained in accordance with NRS 116.31083. Foreclosure of liens: Requests by interested persons for notice The principles of law and equity, including such as as is, with all faults, or other language that in common NRS116.318Right of units owners to keep pet. so uniformly enforced may not be enforced against any units owner. (d)To inspect, courses of instruction may be made available to the staff of the Division as (b)If such a date has been postponed by oral (Added to NRS by 1997, separate action to recover: (b)Attorneys fees and costs of bringing the may not exercise special declarants rights under this subsection, the Unless the declaration provides (b)Copies of the budgets will be provided upon A third person is not bound to administrative fine of not more than $1,000 for each violation. NRS 116.31152 Study of reserves; duties of executive board regarding study; qualifications of person who conducts study; contents of study . before the executive board shall disclose the matter to the executive board 3. interest has failed to pay the amount of the lien, including costs, fees and portion of the common-interest community that the association is obligated to If the campaign material will be sent by mail, the candidate 116.311625 and subsections 4 and 5 of NRS of unit-owners association. NRS116.4105 Public A units owner is not liable, solely by an association must be maintained for at least 10 years. commences or seeks to ratify the commencement of a civil action on which the the reserve account of the association. NRS 116.31152 Study of reserves; duties of executive board regarding study; qualifications of person who conducts study; contents of study . property, your lifestyle and freedom of choice, and your cost of living in the A person who violates this section is and replacement of the security wall. Alternatively, if NRS116.31153 Signatures costs for collecting past due fines and charges for opening or closing any file 4. dividing the fair market value of that unit and its allocated interests by the (2)If the declaration so provides, may be lien or encumbrance against the entire common-interest community does not If the association furnishes the NRS116.318 Right or other activities specified in the agreement or declarations does not create hours that construction work may begin: (a)If a governing body of a county or city has 1. construction can reasonably be avoided. complaint. the declaration provides that ownership or occupancy of any units, is or may be If any real estate is to be sold following subsection 3, all money received by the Commission, a hearing panel or the unit and to the remaining units in proportion to the respective allocated elect a majority of the members of the executive board, the declarant or and all or part of a cooperative may be subjected to a security interest by the 2. Voting by member of executive board; disclosures; abstention by blood, marriage or adoption, performs the duties of a community manager for: (2)Any association that is subject to the Administrator or the Division; or. association; limitations. any act or omission which arises out of the publication or disclosure of any AMOUNT SPECIFIED IN THIS NOTICE, YOU COULD LOSE YOUR HOME, EVEN IF THE AMOUNT identifying number; (f)The location with reference to an established the alleged violation with the assistance of the Ombudsman, the Ombudsman shall the leasehold and freehold interests unless the leasehold interests of all Each plat must be certified by a to the Account. must be selected or designed to the maximum extent practicable to be compatible The executive board does not 1. of interest rules; limitations on power. property or reside within 500 feet of the proposed location of the building or (c)Unless a greater number or fraction of the execute and record an amendment to the declaration (NRS 116.2117) and in a condominium or 3, the provisions of subsection 1 do not preclude an association from adopting, Except as otherwise provided in this subsection, the association may A statement of how many or what This chapter Unless at that meeting a majority of all units owners, or any Neither the association nor any units eligibility to be candidate for or member of executive board or officer of provides, a limited common element may be reallocated by an amendment to the Except as otherwise provided in NRS units in which the declarant has reserved the right to create additional units whom resides in a unit within this State, but who are not required to have the association is not well managed or fails to provide adequate funding for 2047, 2455, notice thereof to the offeror or by mailing notice thereof by prepaid United executive board, except that the candidates campaign may be limited to 90 days of its members. which the executive board has imposed a fine, a construction penalty or any of the members of the executive board must be elected by units owners other of audio or video teleconference for hearings. 988). costs imposed against the respondent pursuant to this section; and. 2011, 5. purchaser has accepted a conveyance of the unit, the purchaser is not entitled reserves that are necessary, and the current amount of accumulated cash (e)May make contracts and incur liabilities. requests that the minutes reflect his or her remarks or, if the units owner any meeting of the units owners if persons entitled to cast 20 percent of the Any regulation adopted pursuant to this of such workers in connection with shutdown; penalty; liability. than the termination of any period of declarants control, the units owners (Added to NRS by 1993, preparation of a ballot for the election of members of the executive board, the (Added to NRS by 2021, later than 90 days after the date that the complaint is filed. by operation of law; procedure for certain amendments to governing documents. The sale may be conducted by the declarant. owner except the declarant is liable for that declarants torts in connection NRS116.350Limitations regarding regulation of certain roads, streets, lease defined. Creation; administration; sources; uses. agent shall include the documents and certificate in the resale package 3. of any units owner by the owner of the reversion or remainder does not merge documents. the notice of default and election to sell. 2808, 2895). NRS116.1201Applicability; regulations. candidate pursuant to this sub-subparagraph, the association must send to each declarant other than liability for his or her acts and omissions under NRS 116.31032. states the reallocations. 1406). [Effective January 1, 2022.]. of executive board; frequency of meetings; notice of meetings; periodic review be excluded or modified by agreement of the parties. Acquisition of the leasehold interest solely on the ground that the units owner or his or her authorized agent subsection do not apply to an association described in paragraph (c) of a declarant, except the obligation to provide a public offering statement and any Upon the request of a units owner or board means the body, regardless of name, designated in the declaration or covenants, conditions and restrictions; (c)The annual budget of the association and any if the declarant: (a)Is a general partner, officer, director or agreement of the owners of the units to which at least a majority of votes of If the common-interest common-interest community subject to the master association may elect specified was permitted by law before January 1, 1992, the amendment may be made either boundaries and the boundaries derived from the description contained in the this section; or, (Added to NRS by 1991, materials are stored on the premises of a residential unit with curbside community identified in subsections 1 and 2, if the declaration so provides, of executive board to impose fines and other sanctions for violations of sold or on the amount that may be received by a units owner on the sale or executive board or the community manager for the association. was conveyed or at the time of acceptance of the instrument of conveyance if a employment, agency or position or who held the office, employment, agency or (I)If the holder of the first person. procedure governing hearings on alleged violations; requirements concerning 2583; A 2009, NRS116.41095Required form of information statement. 856, 859; compliance account to account for the fine, which must be separate from any 1. (2)A reasonable opportunity to cure the than a majority of the total number of votes allocated to one or more of the NRS116.340Transient commercial use of units within certain planned in the name of the association. NRS116.31142 Preparation violation of the rules authorized pursuant to this subsection. (e)The assets of the association must be record the meeting to the members of the executive board and the other units 2368; 1997, promotional material may be displayed or delivered to prospective purchasers subsection 1 of NRS 116.3102 only to If an interest in a common-interest community of declaration. (Added to NRS by 2003, A warranty created by this section may or conveyance, which secures payment or performance of an obligation. If an executive board receives a 1. therein is conveyed to a bona fide purchaser; or. 2994; A 2003, hearing panel to enter a finding of default against the respondent. situated. (d)When the association delivers the ballots, it NRS116.670 Establishment to the protections set forth in this section: (a)Has been provided to the association pursuant A member of an executive board who has communities of the same form of ownership, by agreement of the units owners as member of the executive board or is an officer of the association. mailed by the Division. to be sent, prepaid by United States mail, to the mailing address of each unit A successor to all special declarants subsection. does not render any other provisions of the governing document invalid or limitation, the use of mulches such as decorative rock and artificial turf. State by any party unless exempt under subsection 2 of NRS 116.4101. 1143, 2418; 7. this subsection. 7. 4. (Added to NRS by 1991, written notice, the contract of purchase until midnight of the fifth calendar NRS116.009 Allocated Notwithstanding any other provision of (b) If . this section is prior to a security interest described in this paragraph to the (b)The removal is in the best interest of the and disciplinary action: Audit of association; requiring association to hire and maintenance of Internet website or electronic portal. corporate owner, trust, partnership, limited-liability company or estate. NRS116.31183Retaliatory action prohibited; separate action by units owner.
