Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE10 PROPERTY RIGHTS AND TRANSACTIONS |
CHAPTER116B. Condominium Hotel Act |
GENERAL PROVISIONS |
Definitions and Other General Provisions |
NRS116B.165. “Major component of the shared components” defined.
Latest version.
- “Major component of the shared components” means any component of the shared components, including, without limitation, the facade of any building, any other portion of the building structure, any amenity, improvement, furnishing, fixture, finish, system or equipment that is designated as part of the shared components and that may, within 30 years after its original installation, require repair, replacement or restoration in excess of routine annual maintenance.
(Added to NRS by 2007, 2197)