Nevada § 116B.085 “Developmental rights” defined

Nevada Statutes

§ 116B.085 — “Developmental rights” defined

Nevada § 116B.085

Title 10PROPERTY RIGHTS AND TRANSACTIONS

Ch. 116BCondominium

Definitions and Other General Provisions

This text of Nevada § 116B.085 (“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. § 116B.085 (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 condominium hotel;

2.Create residential units, common elements, limited common elements, shared components or a hotel unit within a condominium hotel;

3.Subdivide residential units or convert residential units into common elements, shared components or part of a hotel unit;

4.Subdivide a hotel unit or convert a hotel unit into residential units, common elements or shared components;

5.Subdivide shared components or convert shared components into residential units, common elements or part of a hotel unit;

6.Subdivide or convert common elements into residential units, shared components or part of a hotel unit; or

7.Withdraw real estate from a condominiu

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“Developmental rights” means any right or combination of rights reserved by a declarant in the declaration to:
1. Add real estate to a condominium hotel;
2. Create residential units, common elements, limited common elements, shared components or a hotel unit within a condominium hotel;
3. Subdivide residential units or convert residential units into common elements, shared components or part of a hotel unit;
4. Subdivide a hotel unit or convert a hotel unit into residential units, common elements or shared components;
5. Subdivide shared components or convert shared components into residential units, common elements or part of a hotel unit;
6. Subdivide or convert common elements into residential units, shared components or part of a hotel unit; or
7. Withdraw real estate from a condominium hotel.