NRS 116.4101 – Applicability; exceptions. [Effective through December 31, 2021.] Applicability; exceptions. [Effective January 1, 2022.]
1. NRS 116.4101 to 116.412, inclusive, apply to all units subject to this chapter, except as otherwise provided in subsection 2 or as modified or waived by agreement of purchasers of units in a common-interest community in which all units are restricted to nonresidential use. 2. Neither a public offering statement nor a certificate of […]
NRS 116.4102 – Liability for preparation and delivery of public offering statement.
1. Except as otherwise provided in subsection 2, a declarant, before offering any interest in a unit to the public, shall prepare a public offering statement conforming to the requirements of NRS 116.4103 to 116.4106, inclusive. 2. A declarant may transfer responsibility for the preparation of all or a part of the public offering statement […]