“Limited common element” means a portion of the common elements allocated by the declaration or by operation of subsection 2 or 4 of NRS 116.2102 for the exclusive use of one or more but fewer than all of the units.
NRS 116.059
“Limited common element” defined
Known as the Uniform Common-Interest Ownership Act
The act spans §§ 116–116 (235 sections).
Applied in 1 court decision — leading case Oxbow Constr. v. Eighth Jud. Dist. Ct. (2014)
Most recently applied in Oxbow Constr. v. Eighth Jud. Dist. Ct. (October 2014)
(Added to NRS by 1991, 537)—(Substituted in revision for NRS 116.110355)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.