Nevada § 116B.220 - “Shared expenses” defined
Full text of Nevada Nevada Revised Statutes § 116B.220 — “Shared expenses” defined, with citation guidance and answers to common questions.
§ 116B.220. “Shared expenses” defined
“ Shared expenses ” means the charges set forth in the declaration that are made to the units by the
hotel unit owner for the operation, maintenance, repair, replacement and insurance
of the hotel unit, including, without limitation, the shared components, together
with any allocations to reserves, any expenses allocated to the units pursuant to
a cost-sharing agreement, easement agreement or other agreement that benefits the
condominium hotel to which the hotel unit owner is a party and any other charges or
fees set forth in the declaration which are allocated to residential unit owners.
Frequently Asked Questions About Nevada § 116B.220
What does Nevada Revised Statutes § 116B.220 cover?
Section 116B.220 ("“Shared expenses” 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.220?
A common citation format is "Nevada Revised Statutes § 116B.220" (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.220 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.