Title 116 · NRS Chapter 116

“Leasehold common-interest community” defined.

Citation: NRS 116.055

Section: 116.116.055

NRS

116.055

“Leasehold common-interest community” defined.

“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)