Nevada § 119A.522 - Period of developer's control of association; representation of owners on board
Full text of Nevada Nevada Revised Statutes § 119A.522 — Period of developer's control of association; representation of owners on board, with citation guidance and answers to common questions.
§ 119A.522. Period of developer's control of association; representation of owners on board
1. Except as otherwise provided in this section, a time-share instrument may provide
for a period of the developer's control of an association during which the developer,
or a person designated by the developer, may appoint and remove the officers of the
association and the members of the board. Regardless of the period provided in the time-share instrument, the period of the
developer's control of the association terminates no later than: (a) One hundred and twenty days after conveyance of 80 percent of the time shares
that may be created by the time-share instrument to owners other than the developer; (b) Five years after the developer has ceased to offer time shares for sale in the
ordinary course of business; or (c) Five years after any right to add new time shares was last exercised, whichever occurs earlier. 2. A developer may voluntarily surrender the right to appoint and remove officers
and members of the board before the end of the period provided for in subsection 1
by executing and recording with the time-share instrument a written instrument declaring
the surrender. If such an instrument is recorded, the developer may require that, for the duration
of the period of the developer's control, specified actions of the association or
board, as described in the recorded instrument, be approved by the developer before
they become effective. 3. Not later than 60 days after conveyance of 25 percent of the time shares that may
be created pursuant to the time-share instrument to owners other than the developer,
at least one member and not less than 25 percent of the members of the board must
be elected by owners other than the developer. Not later than 60 days after conveyance of 50 percent of the time shares that may
be created pursuant to the time-share instrument to owners other than the developer,
not less than 33 1 / 3 percent of the members of the board must be elected by owners other than the developer.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 119A.522
What does Nevada Revised Statutes § 119A.522 cover?
Section 119A.522 ("Period of developer's control of association; representation of owners on board") 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 § 119A.522?
A common citation format is "Nevada Revised Statutes § 119A.522" (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 § 119A.522 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.