Title 116 · NRS Chapter 116

Categorization of property in certain common-interest communities.

Citation: NRS 116.1105

Section: 116.116.1105

NRS

116.1105

Categorization of property in certain common-interest communities. In a cooperative, unless the declaration provides that the interest of a unit’s owner in a unit and its allocated interests is real estate for all purposes, that interest is personal property.

(Added to NRS by 1991, 539 ; A 2005, 1231 )