Nevada § 116B.685 - Maintenance, availability and review of certain financial books and records of hotel unit
Full text of Nevada Nevada Revised Statutes § 116B.685 — Maintenance, availability and review of certain financial books and records of hotel unit, with citation guidance and answers to common questions.
§ 116B.685. Maintenance, availability and review of certain financial books and records of hotel unit
The hotel unit owner shall maintain financial books and records showing its actual
receipts and expenditures with respect to the repair, replacement, improvement, maintenance,
management, operation, tax obligations and insurance of the shared components, the
major components of the shared components and the major components of the hotel unit,
including the budget for the current year, any proposed budget for future years and
the study of reserves required by NRS 116B.610 . These records must be audited or reviewed by a certified public accountant. The hotel unit owner shall make these records available for inspection by any residential
unit owner by prior appointment during reasonable business hours. These records must be retained for 3 years after the conclusion of each fiscal year.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 116B.685
What does Nevada Revised Statutes § 116B.685 cover?
Section 116B.685 ("Maintenance, availability and review of certain financial books and records of hotel unit") 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.685?
A common citation format is "Nevada Revised Statutes § 116B.685" (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.685 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.