Duties of Ombudsman for Owners in Common-Interest Communities and Condominium Hotels: “Annual assessment” interpreted

NAC 116B.600 Duties of Ombudsman for Owners in Common-Interest Communities and Condominium Hotels: “Annual assessment” interpreted. ( NRS 116B.805 , 116B.815 ) As used in NRS 116B.815 , “annual assessment” means both the per-unit assessments and the total budget revenues for the association. (Added to NAC by Comm’n for Common-Interest Communities & Condo. Hotels by R186-07, eff.

5-5-2011)