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Nev. Rev. Stat. § 116B.060

“Condominium hotel” defined

Nevada · Nevada Revised Statutes Chapter 116B — Condominium Hotel Act · Status: effective

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Nev. Rev. Stat. § 116B.060, “Condominium hotel” defined, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2081340
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“Condominium hotel” means a development in which: 1. Portions of the real estate are designated for separate ownership; 2. A hotel unit is defined which may contain shared components; 3. A transient rental program may be offered to the residential unit owners; and 4. The remainder of the real estate, which may be limited to airspace or subsurface rights, is designated as common elements and is controlled by an association.