NRS 116.12075
Applicability to nonresidential condominiums.

1.

The provisions of this chapter do not apply to a nonresidential condominium except to the extent that the declaration for the nonresidential condominium provides that:

(a)

This entire chapter applies to the condominium;

(b)

Only the provisions of NRS 116.001 to 116.2122, inclusive, and 116.3116 to 116.31168, inclusive, apply to the condominium; or

(c)

Only the provisions of NRS 116.3116 to 116.31168, inclusive, apply to the condominium.

2.

If this entire chapter applies to a nonresidential condominium, the declaration may also require, subject to NRS 116.1112, that:

(a)

Notwithstanding NRS 116.3105, any management, maintenance operations or employment contract, lease of recreational or parking areas or facilities and any other contract or lease between the association and a declarant or an affiliate of a declarant continues in force after the declarant turns over control of the association; and

(b)

Notwithstanding NRS 116.1104 and subsection 3 of NRS 116.311, purchasers of units must execute proxies, powers of attorney or similar devices in favor of the declarant regarding particular matters enumerated in those instruments.

Source: Section 116.12075 — Applicability to nonresidential condominiums., https://www.­leg.­state.­nv.­us/NRS/NRS-116.­html#NRS116Sec12075.

Last Updated

Feb. 5, 2021

§ 116.12075’s source at nv​.us