Nevada HOA & Condo Laws
How HOAs and condominium associations charge, collect, and enforce regular and special assessments. Covers dues billing, delinquency notices, late fees, lien filing, judicial and non-judicial foreclosure, statute of limitations, and …
NRS 116 — Lien for Assessments (Super-Priority)
Assessment super-priority lien (9 months of assessments take priority over first deed of trust). Major Nevada-specific provision.
Statutory requirements for reserve studies, reserve funding, component inventory, funding plans, and board fiduciary duty regarding major repair and replacement obligations.
NRS 116 — Reserve Studies
Mandatory reserve study requirements for Nevada CICs. Must be conducted by qualified reserve study specialist.
Resale certificate and transfer disclosure requirements at the time of unit sale. Covers disclosure timing, content, fee caps, delivery deadlines, buyer rescission rights, and association liability for inaccurate information.
NRS 116 — Resale Package
Resale package (certificate) requirements for Nevada CIC unit sales. Includes required disclosures and delivery timeline.
Board member fiduciary obligations — duty of care, duty of loyalty, business judgment rule, conflict of interest disclosure, and personal liability exposure. Statutory duties imposed on directors and officers of …
NRS 116 — Board Powers and Duties
Board of directors powers, fiduciary duties, and governance obligations for Nevada CICs.
The foundational documents governing common interest communities — declarations (CC&Rs), bylaws, articles of incorporation, rules and regulations, architectural guidelines, and resolutions. Document hierarchy, amendment procedures, and recording requirements.
Nevada Common-Interest Communities Act — Applicability
Governs all common-interest communities in Nevada (condos, HOAs, cooperatives). Based on UCIOA.
Assessment lien filing, priority, extinguishment, and foreclosure procedures. Minimum thresholds for foreclosure, pre-foreclosure notice requirements, mediation mandates, super-priority provisions, and the interaction between HOA liens and mortgage liens.
NRS 116 — Lien for Assessments (Super-Priority)
Assessment super-priority lien (9 months of assessments take priority over first deed of trust). Major Nevada-specific provision.
Mandatory and optional alternative dispute resolution procedures — internal dispute resolution, mediation, arbitration, and limitations on litigation. Covers meet-and-confer requirements, mediation timelines, and enforcement of ADR outcomes.
NRS 116 — Ombudsman
Establishes the CIC Ombudsman within the Real Estate Division to receive complaints and assist with dispute resolution.
State requirements for community association registration, annual reporting, and regulatory filing. Which state agency oversees HOAs, what information must be filed, filing fees, and consequences of non-registration.
NRS 116 — Ombudsman
Establishes the CIC Ombudsman within the Real Estate Division to receive complaints and assist with dispute resolution.