18 chapters · 1,295 sections in this title.
NRS 116.21183 Rights of creditors following termination.
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NRS 116.21183 Rights of creditors following termination. 1. Following termination of a condominium or planned community, creditors of the association holding liens on the units, which were recorded before termination, may enforce those liens in the same manner as any lienholder. …
NRS 116.21185 Respective interests of units’ owners following termination.
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NRS 116.21185 Respective interests of units’ owners following termination. The respective interests of units’ owners referred to in subsections 5, 6 and 7 of NRS 116.2118 and in NRS 116.21183 are as follows: 1. Except as otherwise provided in subsection 2, the respective interest…
NRS 116.21188 Effect of foreclosure or enforcement of lien or encumbrance.
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NRS 116.21188 Effect of foreclosure or enforcement of lien or encumbrance. 1. In a condominium or planned community, except as otherwise provided in subsection 2, foreclosure or enforcement of a lien or encumbrance against the entire common-interest community does not terminate, …
NRS 116.2119 Rights of secured lenders.
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NRS 116.2119 Rights of secured lenders. The declaration may require that all or a specified number or percentage of the lenders who hold security interests encumbering the units approve specified actions of the units’ owners or the association as a condition to the effectiveness …