Reno Annexation and Land Development Code § 18.06.301 Purpose and Intent
18.06.301 - Purpose and Intent
(a) To provide for the housing needs of all economic segments of the community, the City Council establishes this article to regulate condominium housing, as follows:
(1) To ensure a reasonable balance of rental and ownership housing in the city and a variety of individual choices of tenure, type, price and location of housing;
(2) To maintain the adequate supply of rental housing for low and moderate-income persons and families;
(3) To reduce and ease the impact of displacement of long-term residents, senior citizens, families with children, and those citizens who may be forced to move due to condominium conversion;
(4) To encourage the goal of owner-occupied housing;
(5) To protect the great financial investment of citizens who purchase condominiums by requiring developers to disclose the necessary information upon which prospective condominium purchasers can base their decisions;
(6) To protect the lives, health, safety, and possession of citizens who purchase condominiums.
(b) The City Council recognizes that condominiums are a unique form of high population density property ownership and have their own attendant problems and advantages. Therefore, pursuant to NRS Section 117.110, it is the express purpose and intent of the City Council to address and provide for the uniqueness of condominiums and treat them differently from similar structures.