Nevada Administrative Code (Last Updated: January 6, 2015)

NAC116B.030. “Reserve study” defined.

Latest version.

“Reserve study” means:

1. For the major components of the common elements, the study required pursuant to paragraph (a) of subsection 1 of NRS 116B.605; or

2. For the major components of the shared components and the major components of the hotel unit, the study required pursuant to paragraph (a) of subsection 1 of NRS 116B.610.

(Added to NAC by Comm’n for Common-Interest Communities & Condo. Hotels by R186-07, eff. 5-5-2011)

                    
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