Nevada § 116.2124 - Termination following catastrophe
Full text of Nevada Nevada Revised Statutes § 116.2124 — Termination following catastrophe, with citation guidance and answers to common questions.
§ 116.2124. Termination following catastrophe
If substantially all the units in a common-interest community have been destroyed
or are uninhabitable and the available methods for giving notice under NRS 116.3108 of a meeting of units' owners to consider termination under NRS 116.2118 will not likely result in receipt of the notice, the executive board or any other
person holding an interest in the common-interest community may commence an action
in the district court of the county in which the common-interest community is located
seeking to terminate the common-interest community. During the pendency of the action, the court may issue whatever orders it considers
appropriate, including, without limitation, an order for the appointment of a receiver. After a hearing, the court may terminate the common-interest community or reduce
its size and may issue any other order the court considers to be in the best interest
of the units' owners and persons holding an interest in the common-interest community.
Frequently Asked Questions About Nevada § 116.2124
What does Nevada Revised Statutes § 116.2124 cover?
Section 116.2124 ("Termination following catastrophe") 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 § 116.2124?
A common citation format is "Nevada Revised Statutes § 116.2124" (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 § 116.2124 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.