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2020 Nevada Revised Statutes
Chapter 116B - Condominium Hotel Act
NRS 116B.220 - "Shared expenses" defined.
Universal Citation: NV Rev Stat § 116B.220 (2020)
"Shared expenses" means the charges set forth in the declaration that are made to the units by the hotel unit owner for the operation, maintenance, repair, replacement and insurance of the hotel unit, including, without limitation, the shared components, together with any allocations to reserves, any expenses allocated to the units pursuant to a cost-sharing agreement, easement agreement or other agreement that benefits the condominium hotel to which the hotel unit owner is a party and any other charges or fees set forth in the declaration which are allocated to residential unit owners.
(Added to NRS by 2007, 2198)
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