NRS 116.310313
Collection of past due obligation

  • charge of reasonable fee to collect.

1.

An association may charge a unit’s owner reasonable fees to cover the costs of collecting any past due obligation. The Commission shall adopt regulations establishing the amount of the fees that an association may charge pursuant to this section.

2.

The provisions of this section apply to any costs of collecting a past due obligation charged to a unit’s owner, regardless of whether the past due obligation is collected by the association itself or by any person acting on behalf of the association, including, without limitation, an officer or employee of the association, a community manager or a collection agency.

3.

As used in this section:

(a)

“Costs of collecting” includes any fee, charge or cost, by whatever name, including, without limitation, any collection fee, filing fee, recording fee, fee related to the preparation, recording or delivery of a lien or lien rescission, title search lien fee, bankruptcy search fee, referral fee, fee for postage or delivery and any other fee or cost that an association charges a unit’s owner for the investigation, enforcement or collection of a past due obligation. The term does not include any costs incurred by an association if a lawsuit is filed to enforce any past due obligation or any costs awarded by a court.

(b)

“Obligation” means any assessment, fine, construction penalty, fee, charge or interest levied or imposed against a unit’s owner pursuant to any provision of this chapter or the governing documents.

Source: Section 116.310313 — Collection of past due obligation; charge of reasonable fee to collect., https://www.­leg.­state.­nv.­us/NRS/NRS-116.­html#NRS116Sec310313.

116.3101
Organization of unit-owners’ association. 116.3102
Powers of unit-owners’ association 116.3103
Power of executive board to act on behalf of association 116.3104
Transfer of special declarant’s right. 116.3105
Termination of contracts and leases of declarant. 116.3106
Bylaws. 116.3107
Upkeep of common-interest community. 116.31031
Power of executive board to impose fines and other sanctions for violations of governing documents 116.31032
Period of declarant’s control of association 116.31034
Election of members of executive board and officers of association 116.31035
Publications containing mention of candidate or ballot question: Requirements 116.31036
Removal of member of executive board. 116.31037
Indemnification and defense of member of executive board. 116.31038
Delivery to association of property held or controlled by declarant. 116.31039
Delivery to association of additional common elements constructed by declarant or successor declarant. 116.31043
Liabilities and obligations of person who succeeds to special declarant’s rights. 116.31046
Successor not subject to certain claims against or other obligations of transferor of special declarant’s right. 116.31065
Rules. 116.31068
Notice to units’ owners. 116.31073
Maintenance, repair, restoration and replacement of security walls. 116.310305
Power of executive board to impose construction penalties for failure of unit’s owner to adhere to certain schedules relating to design, construction, occupancy or use of unit or improvement. 116.310312
Power of executive board to enter grounds of unit to conduct certain maintenance or remove or abate public nuisance or to enter grounds or interior of unit to abate water or sewage leak or take other action 116.310313
Collection of past due obligation 116.310315
Accounting for fines imposed by association. 116.310395
Delivery to association of converted building reserve deficit.
Last Updated

Jun. 24, 2021

§ 116.310313’s source at nv​.us