Nevada § 116B.725 Applicability; exceptions

Nevada Statutes

§ 116B.725 — Applicability; exceptions

Nevada § 116B.725

Title 10PROPERTY RIGHTS AND TRANSACTIONS

Ch. 116BCondominium

PROTECTION OF PURCHASERS

This text of Nevada § 116B.725 (Applicability; exceptions) 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.725 (2026).

Text

1. Except as otherwise provided in subsection 2, NRS 116B.725 to 116B.795 , inclusive, apply to all condominium hotels. 2. Neither a public offering statement nor a certificate of resale need be prepared or delivered in the case of a:

(a)Gratuitous disposition of a unit;

(b)Disposition pursuant to court order;

(c)Disposition by a government or governmental agency;

(d)Disposition by foreclosure or deed in lieu of foreclosure;

(e)Disposition to a dealer;

(f)Disposition that may be cancelled at any time and for any reason by the purchaser without penalty; or

(g)Disposition of a unit not used for residential use.

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1. Except as otherwise provided in subsection 2, NRS 116B.725 to 116B.795 , inclusive, apply to all condominium hotels.
2. Neither a public offering statement nor a certificate of resale need be prepared or delivered in the case of a:
(a) Gratuitous disposition of a unit;
(b) Disposition pursuant to court order;
(c) Disposition by a government or governmental agency;
(d) Disposition by foreclosure or deed in lieu of foreclosure;
(e) Disposition to a dealer;
(f) Disposition that may be cancelled at any time and for any reason by the purchaser without penalty; or
(g) Disposition of a unit not used for residential use.