Nevada § 116.2121 - Merger or consolidation of common-interest communities
Full text of Nevada Nevada Revised Statutes § 116.2121 — Merger or consolidation of common-interest communities, with citation guidance and answers to common questions.
§ 116.2121. Merger or consolidation of common-interest communities
1. Any two or more common-interest communities of the same form of ownership, by agreement
of the units' owners as provided in subsection 2, may be merged or consolidated into
a single common-interest community. In the event of a merger or consolidation, unless the agreement otherwise provides,
the resultant common-interest community is the legal successor, for all purposes,
of all of the preexisting common-interest communities, and the operations and activities
of all associations of the preexisting common-interest communities are merged or consolidated
into a single association that holds all powers, rights, obligations, assets and liabilities
of all preexisting associations. 2. An agreement of two or more common-interest communities to merge or consolidate
pursuant to subsection 1 must be evidenced by an agreement prepared, executed, recorded
and certified by the president of the association of each of the preexisting common-interest
communities following approval by owners of units to which are allocated the percentage
of votes in each common-interest community required to terminate that common-interest
community. The agreement must be recorded in every county in which a portion of the common-interest
community is located and is not effective until recorded. 3. Every agreement for merger or consolidation must provide for the reallocation of
the allocated interests in the new association among the units of the resultant common-interest
community either by stating the reallocations or the formulas upon which they are
based or by stating the percentage of overall allocated interests of the new common-interest
community which are allocated to all of the units comprising each of the preexisting
common-interest communities, and providing that the portion of the percentages allocated
to each unit formerly constituting a part of the preexisting common-interest community
must be equal to the percentages of allocated interests allocated to that unit by
the declaration of the preexisting common-interest community.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 116.2121
What does Nevada Revised Statutes § 116.2121 cover?
Section 116.2121 ("Merger or consolidation of common-interest communities") 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 § 116.2121?
A common citation format is "Nevada Revised Statutes § 116.2121" (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 § 116.2121 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.