NRS 116.055 - “Leasehold common-interest community” defined.

NV Rev Stat § 116.055 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

“Leasehold common-interest community” means a common-interest community in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the common-interest community or reduce its size.

(Added to NRS by 1991, 537) — (Substituted in revision for NRS 116.11035)