Maintenance and Availability of Books, Records and Other Papers of Association

NRS 116.31175 NRS 116.31175 Maintenance and availability of books, records and other papers of association: General requirements; exceptions; general records concerning certain violations; enforcement by Ombudsman; limitations on amount that may be charged to conduct review. 1. Except as otherwise provided in subsection 4, the executive board of an association shall, upon the written request of a unit’s owner, make available the books, records and other papers of the association for review at the business office of the association or a designated business location not to exceed 60 miles from the physical location of the common-interest community and during the regular working hours of the association, including, without limitation: (a) The financial statement of the association; (b) The budgets of the association required to be prepared pursuant to NRS 116.31151 ; (c) The study of the reserves of the association required to be conducted pursuant to NRS 116.31152 ; and (d) All contracts to which the association is a party and all records filed with a court relating to a civil or criminal action to which the association is a party. 2. The executive board shall provide a copy of any of the records described in paragraphs (a), (b) and (c) of subsection 1 to a unit’s owner or the Ombudsman within 21 days after receiving a written request therefor. Such records must be provided in electronic format at no charge to the unit’s owner or, if the association is unable to provide the records in electronic format, the executive board may charge a fee to cover the actual costs of preparing a copy, but the fee may not exceed 25 cents per page for the first 10 pages, and 10 cents per page thereafter. 3. If the executive board fails to provide a copy of any of the records pursuant to subsection 2 within 21 days, the executive board must pay a penalty of $25 for each day the executive board fails to provide the records. 4. The provisions of subsection 1 do not apply to: (a) The personnel records of the employees of the association, except for those records relating to the number of hours worked and the salaries and benefits of those employees; (b) The records of the association relating to another unit’s owner, including, without limitation, any architectural plan or specification submitted by a unit’s owner to the association during an approval process required by the governing documents, except for those records described in subsection 5; and (c) Any document, including, without limitation, minutes of an executive board meeting, a reserve study and a budget, if the document: (1) Is in the process of being developed for final consideration by the executive board; and (2) Has not been placed on an agenda for final approval by the executive board. 5. The executive board of an association shall maintain a general record concerning each violation of the governing documents, other than a violation involving a failure to pay an assessment, for which the executive board has imposed …

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