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 |
NRS116.077. “Proprietary lease” defined.
Latest version.
- “Proprietary lease” means an agreement with the association pursuant to which a member is entitled to exclusive possession of a unit in a cooperative.
(Added to NRS by 1991, 538)—(Substituted in revision for NRS 116.110373)