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NRS 119A.480 – Requirements if developer holds leasehold interest.

1. If the interest of the developer is a leasehold interest, the lease, unless otherwise determined by the Administrator, must provide that: (a) The lessee must give notice of termination of the lease for any default by the lessor to the association. (b) The lessor, upon any default of the lessee including bankruptcy of the […]

NRS 119A.497 – Relocation of boundaries between adjoining units.

1. Except as otherwise provided in subsection 2 and subject to the provisions of the time-share instrument and other provisions of law, a developer may, with the prior approval of the Division, relocate the boundaries between adjoining units by amending the provisions of the time-share instrument and any recorded map or plat relating thereto. 2. […]

NRS 119A.500 – Partition of unit.

No action for partition of a unit may be maintained except as provided in the time-share instrument. If a time share is owned by two or more persons, an action may be brought for the judicial sale of the time share. A provision for the waiver or subordination of the right of partition or any […]

NRS 119A.510 – Replacement or compensation if unit unavailable.

If a unit is unavailable for a period to which the owner is entitled by schedule or by confirmed reservation, the owner is entitled to be provided by the association: 1. A comparable unit; or 2. Monetary compensation for the loss of such use. (Added to NRS by 1983, 990; A 1985, 1143; 1991, 98; […]