Condominium hotel defined.
Nev. Rev. Stat. § 116B.060
in effectCondominium hotel means a development in which:
1. Portions of the real estate are designated for separate ownership;
2. A hotel unit is defined which may contain shared components;
3. A transient rental program may be offered to the residential unit owners; and
4. The remainder of the real estate, which may be limited to airspace or subsurface rights, is designated as common elements and is controlled by an association.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-116B.htmlFetched: 10/4/2026