Nev. Rev. Stat. § 116B.220
“Shared expenses” defined
Nevada · Nevada Revised Statutes Chapter 116B — Condominium Hotel Act · Status: effective
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- Nev. Rev. Stat. § 116B.220, “Shared expenses” defined, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2081372
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Full text
“Shared expenses” means the charges set forth in the declaration that are made to the units by the hotel unit owner for the operation, maintenance, repair, replacement and insurance of the hotel unit, including, without limitation, the shared components, together with any allocations to reserves, any expenses allocated to the units pursuant to a cost-sharing agreement, easement agreement or other agreement that benefits the condominium hotel to which the hotel unit owner is a party and any other charges or fees set forth in the declaration which are allocated to residential unit owners.