Nevada § 116.21205 - Reallocation of costs of administering common elements of certain master associations
Full text of Nevada Nevada Revised Statutes § 116.21205 — Reallocation of costs of administering common elements of certain master associations, with citation guidance and answers to common questions.
§ 116.21205. Reallocation of costs of administering common elements of certain master associations
The executive board of a master association of any common-interest community that
was created before January 1, 1975, and is located in a county whose population is
700,000 or more may record an amendment to the declaration pursuant to which the master
association reallocates the costs of administering the common elements of the master
association among the units of the common-interest community uniformly and based upon
the actual costs associated with each unit.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 116.21205
What does Nevada Revised Statutes § 116.21205 cover?
Section 116.21205 ("Reallocation of costs of administering common elements of certain master associations") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 116.21205?
A common citation format is "Nevada Revised Statutes § 116.21205" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 116.21205 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.