Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE10 PROPERTY RIGHTS AND TRANSACTIONS |
CHAPTER116. Common-Interest Ownership (Uniform Act) |
ARTICLE3. MANAGEMENT OF COMMON-INTEREST COMMUNITIES |
Books, Records and Other Documents |
NRS116.3118. Maintenance and availability of certain financial records necessary to provide information required for resale of units; right of units’ owners to inspect, examine, photocopy and audit records of association.
Latest version.
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1. The association shall keep financial records sufficiently detailed to enable the association to comply with NRS 116.4109.
2. All financial and other records of the association must be:
(a) Maintained and made available for review at the business office of the association or some other suitable location within the county where the common-interest community is situated or, if it is situated in more than one county, within one of those counties; and
(b) Made reasonably available for any unit’s owner and his or her authorized agents to inspect, examine, photocopy and audit.
(Added to NRS by 1991, 571; A 1995, 2231; 2003, 2247)