Nevada § 116B.085 - “Developmental rights” defined
Full text of Nevada Nevada Revised Statutes § 116B.085 — “Developmental rights” defined, with citation guidance and answers to common questions.
§ 116B.085. “Developmental rights” defined
“ Developmental rights ” means any right or combination of rights reserved by a declarant in the declaration
to: 1. Add real estate to a condominium hotel; 2. Create residential units, common elements, limited common elements, shared components
or a hotel unit within a condominium hotel; 3. Subdivide residential units or convert residential units into common elements,
shared components or part of a hotel unit; 4. Subdivide a hotel unit or convert a hotel unit into residential units, common elements
or shared components; 5. Subdivide shared components or convert shared components into residential units,
common elements or part of a hotel unit; 6. Subdivide or convert common elements into residential units, shared components
or part of a hotel unit; or 7. Withdraw real estate from a condominium hotel.
Frequently Asked Questions About Nevada § 116B.085
What does Nevada Revised Statutes § 116B.085 cover?
Section 116B.085 ("“Developmental rights” defined") 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 § 116B.085?
A common citation format is "Nevada Revised Statutes § 116B.085" (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 § 116B.085 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.