Nevada Statutes
§ 116.039 — “Developmental rights” defined
Nevada § 116.039
JurisdictionNevada
Title 10PROPERTY RIGHTS AND TRANSACTIONS
Ch. 116Common-Interest
Definitions and Other General Provisions
This text of Nevada § 116.039 (“Developmental rights” defined) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Nev. Rev. Stat. § 116.039 (2026).
Text
“Developmental rights” means any right or combination of rights reserved by a declarant in the declaration to:
1.Add real estate to a common-interest community;
2.Create units, common elements or limited common elements within a common-interest community;
3.Subdivide units or convert units into common elements; or
4.Withdraw real estate from a common-interest community.
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Legislative History
(Added to NRS by 1991, 537 )—(Substituted in revision for NRS 116.11034)
Nearby Sections
15
§ 116.001
Short title§ 116.003
Definitions§ 116.005
“Administrator” defined§ 116.007
“Affiliate of a declarant” defined§ 116.009
“Allocated interests” defined§ 116.013
“Certificate” defined§ 116.015
“Commission” defined§ 116.017
“Common elements” defined§ 116.019
“Common expenses” defined§ 116.021
“Common-interest community” defined§ 116.023
“Community manager” defined§ 116.025
“Complaint” defined§ 116.027
“Condominium” defined§ 116.029
“Converted building” definedCite This Page — Counsel Stack
Bluebook (online)
Nevada § 116.039, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/116.039.