NRS 116B.205
“Residential unit owner” defined.

“Residential unit owner” means a declarant, the hotel unit owner or other person who owns a residential unit, or a lessee of a residential unit in a leasehold condominium hotel whose lease expires simultaneously with any lease the expiration of which will remove the residential unit from the condominium hotel, but does not include a person having an interest in a residential unit solely as security for an obligation. The declarant is the owner of any residential unit created by the declaration until that unit is conveyed to another person.

Source: Section 116B.205 — “Residential unit owner” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-116B.­html#NRS116BSec205.

116B.005
Short title. 116B.010
Definitions. 116B.015
“Administrator” defined. 116B.020
“Affiliate of a declarant” defined. 116B.025
“Allocated interests” defined. 116B.030
“Association” and “unit-owners’ association” defined. 116B.035
“Commission” defined. 116B.040
“Common elements” defined. 116B.045
“Common expenses” defined. 116B.050
“Community manager” defined. 116B.055
“Complaint” defined. 116B.060
“Condominium hotel” defined. 116B.065
“Converted building” defined. 116B.070
“Dealer” defined. 116B.075
“Declarant” defined. 116B.080
“Declaration” defined. 116B.085
“Developmental rights” defined. 116B.090
“Dispose” and “disposition” defined. 116B.095
“Division” defined. 116B.100
“Executive board” defined. 116B.105
“Financial statement” defined. 116B.110
“Governing documents” defined. 116B.115
“Hearing panel” defined. 116B.120
“Hotel unit” defined. 116B.125
“Hotel unit owner” defined. 116B.130
“Identifying number” defined. 116B.135
“Leasehold condominium hotel” defined. 116B.140
“Liability for common expenses” defined. 116B.145
“Liability for shared expenses” defined. 116B.150
“Limited common element” defined. 116B.155
“Major component of the common elements” defined. 116B.160
“Major component of the hotel unit” defined. 116B.165
“Major component of the shared components” defined. 116B.170
“Offering” defined. 116B.175
“Ombudsman” defined. 116B.180
“Party to the complaint” defined. 116B.185
“Person” defined. 116B.190
“Purchaser” defined. 116B.195
“Real estate” defined. 116B.200
“Residential unit” defined. 116B.205
“Residential unit owner” defined. 116B.210
“Security interest” defined. 116B.215
“Shared components” defined. 116B.220
“Shared expenses” defined. 116B.225
“Special declarant’s rights” defined. 116B.230
“Time share” defined. 116B.235
“Unit” defined. 116B.240
“Unit’s owner” defined. 116B.245
Provisions of chapter may not be varied by agreement, waived or evaded 116B.250
Applicability of local ordinances, regulations and building codes. 116B.255
Eminent domain. 116B.260
Supplemental general principles of law applicable. 116B.265
Provisions of chapter prevail over conflicting provisions governing certain business entities generally. 116B.270
Construction against implicit repeal. 116B.275
Unconscionable agreement or term of contract. 116B.280
Obligation of good faith. 116B.285
Remedies to be liberally administered. 116B.287
Relation to Electronic Signatures in Global and National Commerce Act.
Last Updated

Jun. 24, 2021

§ 116B.205’s source at nv​.us