“Common expenses” means expenditures made by, or financial liabilities of, the association, together with any allocations to reserves.
NRS 116B.045
“Common expenses” defined
Known as the Condominium Hotel Act
The act spans §§ 116–116 (187 sections).
(Added to NRS by 2007, 2195)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.