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.