NRS 116B.220
“Shared expenses” defined.

“Shared expenses” means the charges set forth in the declaration that are made to the units by the hotel unit owner for the operation, maintenance, repair, replacement and insurance of the hotel unit, including, without limitation, the shared components, together with any allocations to reserves, any expenses allocated to the units pursuant to a cost-sharing agreement, easement agreement or other agreement that benefits the condominium hotel to which the hotel unit owner is a party and any other charges or fees set forth in the declaration which are allocated to residential unit owners.

Source: Section 116B.220 — “Shared expenses” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-116B.­html#NRS116BSec220.

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.220’s source at nv​.us