“Condominium” means a common-interest community in which portions of the real estate are designated for separate ownership and the remainder of the real estate is designated for common ownership solely by the owners of those portions. A common-interest community is not a condominium unless the undivided interests in the common elements are vested in the units’ owners.
NRS 116.027
“Condominium” defined
Known as the Uniform Common-Interest Ownership Act
The act spans §§ 116–116 (235 sections).
Applied in 2 court decisions — leading case Westpark Owners' Ass'n v. Eighth Judicial District Court (2007)
Most recently applied in WESTPARK OWNERS'ASS'N v. Dist. Ct. (September 2007)
(Added to NRS by 1991, 536)—(Substituted in revision for NRS 116.110325)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.