“Time share” means the right to use and occupy a unit on a recurrent periodic basis according to an arrangement allocating this right among various owners of time shares whether or not there is an additional charge to the owner for occupying the unit.
NRS 116.091
“Time share” defined
Known as the Uniform Common-Interest Ownership Act
The act spans §§ 116–116 (235 sections).
(Added to NRS by 1991, 539)—(Substituted in revision for NRS 116.110388)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.