Title 10

NRS 116.310315 Accounting for fines imposed by association. If an association has imposed a fine against a unit’s owner or a tenant or an invitee of a unit’s owner or a tenant pursuant to NRS 116.31031 for violations of the governing documents of the association, the association …

NRS 116.31032 Period of declarant’s control of association; representation of units’ owners on executive board. 1. Except as otherwise provided in this section, the declaration may provide for a period of declarant’s control of the association, during which a declarant, or person…

NRS 116.31034 Election of members of executive board and officers of association; term of office of member of executive board; staggered terms; eligibility to be candidate for or member of executive board or officer of association; required disclosures; procedure for conducting e…

NRS 116.31035 Publications containing mention of candidate or ballot question: Requirements; limitations. 1. If an official publication contains any mention of a candidate or ballot question, the official publication must, upon request and under the same terms and conditions, pro…

NRS 116.31036 Removal of member of executive board. 1. Notwithstanding any provision of the declaration or bylaws to the contrary, any member of the executive board, other than a member appointed by the declarant, may be removed from the executive board, with or without cause, if…

NRS 116.31037 Indemnification and defense of member of executive board. If a member of an executive board is named as a respondent or sued for liability for actions undertaken in his or her role as a member of the board, the association shall indemnify the member for his or her l…

NRS 116.31038 Delivery to association of property held or controlled by declarant. In addition to any applicable requirement set forth in NRS 116.310395, within 30 days after units’ owners other than the declarant may elect a majority of the members of the executive board, the de…

NRS 116.31039 Delivery to association of additional common elements constructed by declarant or successor declarant. 1. If a common-interest community is developed in separate phases and any declarant or successor declarant is constructing any common elements that will be added t…

NRS 116.310395 Delivery to association of converted building reserve deficit. 1. At the time of each close of escrow of a unit in a converted building, the declarant shall deliver to the association the amount of the converted building reserve deficit allocated to that unit. 2. T…

NRS 116.3104 Transfer of special declarant’s right. 1. A special declarant’s right created or reserved under this chapter may be transferred only by an instrument evidencing the transfer recorded in every county in which any portion of the common-interest community is located. Ex…

NRS 116.31043 Liabilities and obligations of person who succeeds to special declarant’s rights. The liabilities and obligations of a person who succeeds to special declarant’s rights are as follows: 1. A successor to any special declarant’s right who is an affiliate of a declaran…

NRS 116.31046 Successor not subject to certain claims against or other obligations of transferor of special declarant’s right. NRS 116.3104 and 116.31043 do not subject any successor to a special declarant’s right to any claims against or other obligations of a transferor declara…

NRS 116.3105 Termination of contracts and leases of declarant. 1. Within 2 years after the executive board elected by the units’ owners pursuant to NRS 116.31034 takes office, the association may terminate without penalty, upon not less than 90 days’ notice to the other party, an…

NRS 116.3106 Bylaws. 1. The bylaws of the association must: (a) Provide the number of members of the executive board and the titles of the officers of the association; (b) Provide for election by the executive board of a president, treasurer, secretary and any other officers of t…

NRS 116.31065 Rules. The rules adopted by an association: 1. Must be reasonably related to the purpose for which they are adopted. 2. Must be sufficiently explicit in their prohibition, direction or limitation to inform a person of any action or omission required for compliance. …

NRS 116.31068 Notice to units’ owners. 1. Except as otherwise provided in subsections 2, 3 and 6, an association shall deliver any notice required to be given by the association under this chapter to the electronic mail address a unit’s owner designates. 2. Except as otherwise pr…

NRS 116.31069 Establishment and maintenance of Internet website or electronic portal. 1. Each association of a common-interest community that contains 150 or more units shall establish and maintain a secure Internet website or electronic portal that may be accessed by any unit’s …

NRS 116.310695 Internet website or electronic portal that provides ability to pay obligations electronically: Cybersecurity insurance; suspension of payments assigned for collection; compliance with requirements relating to personal information; requirement to conduct evaluation …

NRS 116.3107 Upkeep of common-interest community. 1. Except to the extent provided by the declaration, subsection 2 and NRS 116.31135, the association has the duty to provide for the maintenance, repair and replacement of the common elements, and each unit’s owner has the duty to…

NRS 116.31073 Maintenance, repair, restoration and replacement of security walls. 1. Except as otherwise provided in subsection 2 and NRS 116.31135, the association is responsible for the maintenance, repair, restoration and replacement of any security wall which is located withi…

NRS 116.31075 Meetings of rural agricultural residential common-interest communities: Compliance with Open Meeting Law. In conducting any meetings, a rural agricultural residential common-interest community must comply with the provisions set forth in chapter 241 of NRS concernin…

NRS 116.3108 Meetings of units’ owners of association; opening and counting of ballots for election of members of executive board required; frequency of meetings; calling special meetings; requirements concerning notice and agendas; requirements concerning minutes of meetings; ri…

NRS 116.31083 Meetings of executive board; frequency of meetings; notice of meetings; periodic review of certain financial and legal matters at meetings; requirements concerning minutes of meetings; right of units’ owners to make audio recordings of certain meetings. 1. A meeting…

NRS 116.31084 Voting by member of executive board; disclosures; abstention from voting on certain matters. 1. A member of an executive board who stands to gain any personal profit or compensation of any kind from a matter before the executive board shall: (a) Disclose the matter …

NRS 116.31085 Right of units’ owners to speak at certain meetings; limitations on right; limitations on power of executive board to meet in executive session; procedure governing hearings on alleged violations; requirements concerning minutes of certain meetings. 1. Except as oth…

NRS 116.31086 Solicitation of bids for association project; bids to be opened and read aloud at meeting of executive board. 1. If an association solicits bids for an association project: (a) The association must, whenever reasonably possible, solicit at least three bids if the as…

NRS 116.31087 Right of units’ owners to have certain complaints placed on agenda of meeting of executive board. 1. If an executive board receives a written complaint from a unit’s owner alleging that the executive board has violated any provision of this chapter or any provision …

NRS 116.31088 Meetings regarding civil actions; requirements for commencing or ratifying certain civil actions; right of units’ owners to request dismissal of certain civil actions; disclosure of terms and conditions of settlements. 1. The association shall provide written notice…

NRS 116.3109 Quorum. 1. Except as otherwise provided in this section and NRS 116.31034, and except when the governing documents provide otherwise, a quorum is present throughout any meeting of the units’ owners if persons entitled to cast 20 percent of the votes in the associatio…

NRS 116.311 Voting by units’ owners; use of absentee ballots and proxies; voting by lessees of leased units; association prohibited from voting as owner of unit; voting without a meeting. 1. Unless prohibited or limited by the declaration or bylaws and except as otherwise provide…

NRS 116.31105 Voting by delegates or representatives; limitations; procedure for electing delegates or representatives. 1. Except as otherwise provided in subsection 8, if the declaration so provides, in a common-interest community that consists of at least 1,000 units, the votin…

NRS 116.31107 Voting by units’ owners: Prohibited acts; penalty. 1. A person shall not knowingly, willfully and with the intent to fraudulently alter the true outcome of an election of a member of the executive board or any other vote of the units’ owners engage in, attempt to en…

NRS 116.3111 Tort and contract liability. 1. A unit’s owner is not liable, solely by reason of being a unit’s owner, for an injury or damage arising out of the condition or use of the common elements. Neither the association nor any unit’s owner except the declarant is liable for…

NRS 116.3112 Conveyance or encumbrance of common elements. 1. In a condominium or planned community, portions of the common elements may be conveyed or subjected to a security interest by the association if persons entitled to cast at least a majority of the votes in the associat…

NRS 116.3113 Insurance: General requirements. 1. Commencing not later than the time of the first conveyance of a unit to a person other than a declarant, the association shall maintain, to the extent reasonably available and subject to reasonable deductibles, all of the following…

NRS 116.31133 Insurance: Policies; use of proceeds; certificates or memoranda of insurance. 1. Insurance policies carried pursuant to NRS 116.3113 must provide that: (a) Each unit’s owner is an insured person under the policy with respect to liability arising out of the unit’s ow…

NRS 116.31135 Insurance: Repair or replacement of damaged or destroyed portion of community. 1. Any portion of the common-interest community for which insurance is required under NRS 116.3113 which is damaged or destroyed must be repaired or replaced promptly by the association u…

NRS 116.31138 Insurance: Variance or waiver of provisions in community restricted to nonresidential use. The provisions of NRS 116.3113, 116.31133 and 116.31135 may be varied or waived in the case of a common-interest community all of whose units are restricted to nonresidential …

NRS 116.311395 Funds of association to be deposited or invested at certain financial institutions. 1. Except as otherwise provided in subsection 2, an association, a member of the executive board, or a community manager shall deposit or invest all funds of the association at a fi…

NRS 116.3114 Surplus funds. Unless otherwise provided in the declaration, any surplus funds of the association remaining after payment of or provision for common expenses and any prepayment of reserves must be paid to the units’ owners in proportion to their liabilities for commo…

NRS 116.31142 Preparation and presentation of financial statements. 1. The Commission shall adopt regulations prescribing the requirements for the preparation and presentation of financial statements of an association pursuant to this chapter. 2. The regulations adopted by the Co…

NRS 116.31144 Audit and review of financial statements. 1. Except as otherwise provided in subsection 2, the executive board shall: (a) If the annual budget of the association is $45,000 or more but less than $75,000, cause the financial statement of the association to be reviewe…

NRS 116.3115 Assessments for common expenses; funding of adequate reserves; collection of interest on past due assessments; calculation of assessments for particular types of common expenses; notice of meetings regarding assessments for capital improvements. 1. Until the associat…

NRS 116.31151 Annual distribution to units’ owners of operating and reserve budgets or summaries of such budgets and policy for collection of fees, fines, assessments or costs; ratification of budget. 1. Except as otherwise provided in subsection 2 and unless the declaration of a…

NRS 116.31152 Study of reserves; duties of executive board regarding study; qualifications of person who conducts study; contents of study; submission of summary of study to Division; use of money credited against residential construction tax for upkeep of park facilities and rel…

NRS 116.31153 Signatures required for withdrawals of certain association funds; exceptions. 1. Money in the reserve account of an association required by paragraph (b) of subsection 2 of NRS 116.3115 may not be withdrawn without the signatures of at least two members of the execu…

NRS 116.31155 Fees imposed on associations or master associations to pay for costs of administering Office of Ombudsman and Commission; administrative penalties for failure to pay; interest on unpaid fees; limitations on amount of fees and penalties; procedure to recover fees, pe…