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Statute 116 009 — Nevada Law | CourtGPT
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Nevada Legal Code

Statute 116 009

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'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, and votes in the association; 2. In a cooperative, the liability for common expenses, the ownership interest and votes in the association; and 3. In a planned community, the liability for common expenses and votes in the association. (Added to NRS by 1991, 536; A 2011, 2416)—(Substituted in revision for NRS 116.110313)