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NRS 116 STATUTES

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NRS116 is the Uniform Common Ownership Interest Act in Nevada. Enacted by the Nevada State Legislature, NRS116 sets forth the regulations governing Common-Interest Communities, also referred to as HOA’s, or Homeowners Associations. This means more than one-third of all housing units in Nevada are directly affected by NRS116.

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NRS 116 Statutes


Article 1
Part I - Definitions and Other General Provisions
Part II - Applicability

Article 2
Creation, Alteration, and Termination of Common-Interest Communities

Article 3
Management of Common-Interest Communities
General Provisions
Meetings and Voting
Liabilities, Insurance and Fiscal Affairs
Liens
Books, Records and Other Documents
Miscellaneous Rights, Duties and Restrictions

Article 4
Protection of Purchasers
Administration and Enforcement of Chapter
General Provisions
General Powers and Duties of Commission
Investigation of Violations, Remedial and Disciplinary Action

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