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 |
NRS116.055. “Leasehold common-interest community” defined.
Latest version.
- “Leasehold common-interest community” means a common-interest community in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the common-interest community or reduce its size.
(Added to NRS by 1991, 537)—(Substituted in revision for NRS 116.11035)