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NRS 116B.090

“Dispose” and “disposition” defined

Known as the Condominium Hotel Act

The act spans §§ 116–116 (187 sections).

(Added to NRS by 2007, 2196)

“Dispose” or “disposition” means a voluntary transfer to a purchaser of any legal or equitable interest in a residential unit, but the term does not include the transfer or release of a security interest.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.