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2021 Nevada Revised Statutes
Chapter 116 - Common-Interest Ownership (Uniform Act)
NRS 116.017 - "Common elements" defined.
Universal Citation:
NV Rev Stat § 116.017 (2021)
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"Common elements" means:
1. In the case of:
(a) A condominium or cooperative, all portions of the common-interest community other than the units, including easements in favor of units or the common elements over other units.
(b) A planned community, any real estate within a planned community which is owned or leased by the association, other than a unit.
2. In all common-interest communities, any other interests in real estate for the benefit of units’ owners which are subject to the declaration.
(Added to NRS by 1991, 536; A 1993, 2356; 2011, 2416) — (Substituted in revision for NRS 116.110318)
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