Nev. Admin. Code § 116B.030

Current through November 8, 2024
Section 116B.030 - "Reserve study" defined

As used in this chapter, unless the context otherwise requires, "reserve study" means:

1. For the major components of the common elements, the study required pursuant to paragraph (a) of subsection 1 of NRS 116B.605; or
2. For the major components of the shared components and the major components of the hotel unit, the study required pursuant to paragraph (a) of subsection 1 of NRS 116B.610.

Nev. Admin. Code § 116B.030

Added to NAC by Comm'n for Common-Interest Communities & Condo. Hotels by R186-07, eff. 5-5-2011; A by R129-21A, eff. 12/29/2022

NRS 116B.805