NAC116.525. Duties of Ombudsman for Owners in Common-Interest Communities and Condominium Hotels: “Annual assessment” interpreted.

Latest version.

As used in NRS 116.625, “annual assessment” means both the per unit assessments and the total budget revenues for the association.

(Added to NAC by Comm’n for Common-Interest Communities by R129-04, eff. 4-14-2005)

                    
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