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 |
NRS116.079. “Purchaser” defined.
Latest version.
- “Purchaser” means a person, other than a declarant or a dealer, who by means of a voluntary transfer acquires a legal or equitable interest in a unit other than:
1. A leasehold interest, including options to renew, of less than 20 years; or
2. As security for an obligation.
(Added to NRS by 1991, 538; A 2011, 2416)—(Substituted in revision for NRS 116.110375)