Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE10 PROPERTY RIGHTS AND TRANSACTIONS |
CHAPTER116. Common-Interest Ownership (Uniform Act) |
ARTICLE1. GENERAL PROVISIONS |
PARTI. Definitions and Other General Provisions |
NRS116.031. “Cooperative” defined.
Latest version.
- “Cooperative” means a common-interest community in which the real estate is owned by an association, each of whose members is entitled by virtue of the member’s ownership in the association to exclusive possession of a unit.
(Added to NRS by 1991, 536)—(Substituted in revision for NRS 116.11033)