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

NAC116B.600. Duties of Ombudsman for Owners in Common-Interest Communities and Condominium Hotels: “Annual assessment” interpreted.

Latest version.

As used in NRS 116B.815, “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 & Condo. Hotels by R186-07, eff. 5-5-2011)

                    
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