2015 Nevada Revised Statutes
Chapter 116 - Common-Interest Ownership (Uniform Act)
NRS 116.12075 - Applicability to nonresidential condominiums.
1. The provisions of this chapter do not apply to a nonresidential condominium except to the extent that the declaration for the nonresidential condominium provides that:
(a) This entire chapter applies to the condominium;
(b) Only the provisions of NRS 116.001 to 116.2122, inclusive, and 116.3116 to 116.31168, inclusive, apply to the condominium; or
(c) Only the provisions of NRS 116.3116 to 116.31168, inclusive, apply to the condominium.
2. If this entire chapter applies to a nonresidential condominium, the declaration may also require, subject to NRS 116.1112, that:
(a) Notwithstanding NRS 116.3105, any management, maintenance operations or employment contract, lease of recreational or parking areas or facilities and any other contract or lease between the association and a declarant or an affiliate of a declarant continues in force after the declarant turns over control of the association; and
(b) Notwithstanding NRS 116.1104 and subsection 3 of NRS 116.311, purchasers of units must execute proxies, powers of attorney or similar devices in favor of the declarant regarding particular matters enumerated in those instruments.
(Added to NRS by 2009, 1607; A 2011, 2420)
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