General Provisions

NRS 116B.415. Organization of unit-owners’ association.

NRS 116B.420. Powers of unit-owners’ association.

NRS 116B.425. Power of executive board to act on behalf of association; members and officers are fiduciaries; duty of care; application of business-judgment rule; limitations on power.

NRS 116B.430. Power of executive board to impose fines and other sanctions for violations of governing documents; procedural requirements; continuing violations; collection of past due fines.

NRS 116B.435. Accounting for fines in books and records of association; prohibition against applying payment for assessment, fee or other charge toward payment of fine; exceptions.

NRS 116B.440. Period of declarant’s control of association; representation of units’ owners on executive board.

NRS 116B.445. Election of members of executive board and officers of association; term of office of member of executive board; staggered terms; eligibility to serve on executive board; required disclosures; procedure for conducting elections; certification by member of executive board of understanding of governing documents and provisions of chapter.

NRS 116B.450. Removal of member of executive board; indemnification and defense of member of executive board.

NRS 116B.455. Delivery to association of property held or controlled by declarant; exceptions.

NRS 116B.460. Delivery to association of additional common elements constructed by declarant or successor declarant.

NRS 116B.465. Delivery to association of converted shared component reserve deficit.

NRS 116B.470. Delivery to association of converted common element reserve deficit.

NRS 116B.475. Transfer of special declarant’s right.

NRS 116B.480. Liabilities and obligations of person who succeeds to special declarant’s rights.

NRS 116B.485. Successor not subject to certain claims against or other obligations of transferor of special declarant’s right.

NRS 116B.490. Bylaws.

NRS 116B.495. Rules of association.

NRS 116B.500. Rules of hotel unit owner.

NRS 116B.505. Limitation on power of hotel unit owner to impose sanctions for violations of rules; exception; procedural requirements.

NRS 116B.510. Complaint alleging violation by hotel unit owner; acknowledgment; response.

NRS 116B.515. Upkeep of condominium hotel.

Meetings and Voting

NRS 116B.520. Meetings of units’ owners of association; frequency of meetings; calling special meetings or removal elections; requirements concerning notice and agendas; dissemination of schedule of fines; requirements concerning minutes of meetings; right of units’ owners to make audio recordings of meetings; presentation of written report concerning budgets for shared expenses.

NRS 116B.525. Meetings of executive board; frequency of meetings; requirements concerning notice and agendas; periodic review of certain financial and legal matters at meetings; requirements concerning minutes of meetings; right of units’ owners to make audio recordings of certain meetings.

NRS 116B.530. Right of units’ owners to speak at certain meetings; limitations on right; limitations on power of executive board to meet in executive session; procedure governing hearings on alleged violations; requirements concerning minutes of certain meetings.

NRS 116B.535. Right of units’ owners to have certain complaints placed on agenda of meeting of executive board.

NRS 116B.540. Meetings regarding civil actions; requirements for commencing or ratifying certain civil actions; right of units’ owners to request dismissal of certain civil actions; disclosure of terms and conditions of settlements.

NRS 116B.545. Quorum.

NRS 116B.550. Voting by units’ owners; use of proxies; voting by lessees of leased units; association prohibited from voting as owner of unit.

Liabilities, Insurance and Fiscal Affairs

NRS 116B.555. Tort and contract liability.

NRS 116B.560. Conveyance or encumbrance of common elements.

NRS 116B.565. Insurance: General requirements.

NRS 116B.570. Insurance: Policies.

NRS 116B.575. Insurance: Repair or replacement of damaged or destroyed portion of condominium hotel.

NRS 116B.580. Preparation and presentation of financial statements.

NRS 116B.585. Audit and review of financial statements.

NRS 116B.590. Assessments for common expenses; funding of adequate reserves; collection of interest on past due assessments; calculation of assessments for particular types of common expenses; notice of meetings regarding assessments for capital improvements.

NRS 116B.595. Assessments for shared expenses; funding of adequate reserves; collection of interest on past due assessments; payer of shared expenses not entitled to ownership or control; delivery of budget for projected shared expenses.

NRS 116B.600. Annual distribution to units’ owners of operating and reserve budgets or summaries of such budgets; ratification of budget.

NRS 116B.605. Study of reserves for common elements; duties of executive board regarding study; person who conducts study required to be registered; contents of study; submission of summary of study to Division.

NRS 116B.610. Study of reserves for shared components and hotel unit; duties of hotel unit owner regarding study; person who conducts study required to be registered; contents of study.

NRS 116B.615. Signatures required for withdrawals from reserve account of association.

NRS 116B.620. Fees imposed on associations to pay for costs of administering Office of Ombudsman and Commission; administrative penalties for failure to pay; interest on unpaid fees.

NRS 116B.625. Registration of associations with Ombudsman.

Liens

NRS 116B.630. Liens against units for assessments.

NRS 116B.635. Foreclosure of liens: Mailing of notice of delinquent assessment; recording of notice of default and election to sell; period during which unit’s owner may pay lien to avoid foreclosure; limitations on type of lien that may be foreclosed.

NRS 116B.640. Foreclosure of liens: Mailing of notice of default and election to sell to certain interested persons.

NRS 116B.645. Foreclosure of liens: Providing notice of time and place of sale; service of notice of sale; contents of notice of sale; proof of service.

NRS 116B.650. Foreclosure of liens: Procedure for conducting sale; purchase of unit by association or hotel unit owner; execution and delivery of deed; use of proceeds of sale.

NRS 116B.655. Foreclosure of liens: Effect of recitals in deed; purchaser not responsible for proper application of purchase money; title vested in purchaser without equity or right of redemption.

NRS 116B.660. Foreclosure of liens: Requests by interested persons for notice of default and election to sell; right of association or hotel unit owner to waive default and withdraw notice or proceeding to foreclose.

NRS 116B.665. Liens against association.

Books, Records and Other Documents

NRS 116B.670. Maintenance and availability of books, records and other papers of association: General requirements; exceptions; general records concerning certain violations; enforcement by Ombudsman; limitations on amount that may be charged to conduct review.

NRS 116B.675. Maintenance and availability of certain financial records of association; provision of copies to units’ owners and Ombudsman.

NRS 116B.680. Maintenance and availability of financial records of association; right of units’ owners to inspect, examine, photocopy and audit records of association.

NRS 116B.685. Maintenance, availability and review of certain financial books and records of hotel unit.

Miscellaneous Rights, Duties and Restrictions

NRS 116B.690. Retaliatory action prohibited.

NRS 116B.695. Prohibition against certain personnel soliciting or accepting compensation, gratuity or remuneration under certain circumstances.

NRS 116B.700. Prohibition against certain personnel contracting with association or accepting commission, personal profit or compensation from association; exceptions.

NRS 116B.705. Association as trustee.

NRS 116B.710. Right of units’ owners to display flag of the United States in certain areas; conditions and limitations on exercise of right.

NRS 116B.715. Right of units’ owners to exhibit political signs in certain areas; conditions and limitations on exercise of right.

NRS 116B.720. Association prohibited from requiring unit’s owner to obtain approval to rent or lease unit; exceptions.