NRS 116.0605
“Major component of the common elements” defined.

“Major component of the common elements” means any component of the common elements, including, without limitation, any amenity, improvement, furnishing, fixture, finish, system or equipment, that may, within 30 years after its original installation, require repair, replacement or restoration in excess of routine annual maintenance which is included in the annual operating budget of an association.

Source: Section 116.0605 — “Major component of the common elements” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-116.­html#NRS116Sec0605.

116.001
Short title. 116.003
Definitions. 116.005
“Administrator” defined. 116.007
“Affiliate of a declarant” defined. 116.009
“Allocated interests” defined. 116.011
“Association” and “unit-owners’ association” defined. 116.013
“Certificate” defined. 116.015
“Commission” defined. 116.017
“Common elements” defined. 116.019
“Common expenses” defined. 116.021
“Common-interest community” defined. 116.023
“Community manager” defined. 116.025
“Complaint” defined. 116.027
“Condominium” defined. 116.029
“Converted building” defined. 116.031
“Cooperative” defined. 116.033
“Dealer” defined. 116.035
“Declarant” defined. 116.037
“Declaration” defined. 116.039
“Developmental rights” defined. 116.041
“Dispose” and “disposition” defined. 116.043
“Division” defined. 116.045
“Executive board” defined. 116.047
“Financial statement” defined. 116.049
“Governing documents” defined. 116.051
“Hearing panel” defined. 116.053
“Identifying number” defined. 116.055
“Leasehold common-interest community” defined. 116.057
“Liability for common expenses” defined. 116.059
“Limited common element” defined. 116.061
“Management of a common-interest community” defined. 116.063
“Master association” defined. 116.064
“Nonresidential condominium” defined. 116.065
“Offering” defined. 116.067
“Ombudsman” defined. 116.069
“Party to the complaint” defined. 116.073
“Person” defined. 116.075
“Planned community” defined. 116.077
“Proprietary lease” defined. 116.079
“Purchaser” defined. 116.081
“Real estate” defined. 116.083
“Residential use” defined. 116.085
“Respondent” defined. 116.087
“Security interest” defined. 116.089
“Special declarant’s rights” defined. 116.091
“Time share” defined. 116.093
“Unit” defined. 116.095
“Unit’s owner” defined. 116.0605
“Major component of the common elements” defined. 116.1104
Provisions of chapter may not be varied by agreement, waived or evaded 116.1105
Categorization of property in certain common-interest communities. 116.1106
Applicability of local ordinances, regulations and building codes. 116.1107
Eminent domain. 116.1108
Supplemental general principles of law applicable. 116.1109
Construction against implicit repeal 116.1112
Unconscionable agreement or term of contract. 116.1113
Obligation of good faith. 116.1114
Remedies to be liberally administered. 116.1118
Relation to Electronic Signatures in Global and National Commerce Act. 116.11045
Provisions of chapter do not invalidate or modify tariffs, rules and standards of public utility 116.11085
Provisions of chapter prevail over conflicting provisions governing certain business entities generally.
Last Updated

Jun. 24, 2021

§ 116.0605’s source at nv​.us