Developmental rights defined.
Nev. Rev. Stat. § 116.039
in effectDevelopmental rights means any right or combination of rights reserved by a declarant in the declaration to:
1. Add real estate to a common-interest community;
2. Create units, common elements or limited common elements within a common-interest community;
3. Subdivide units or convert units into common elements; or
4. Withdraw real estate from a common-interest community.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-116.htmlFetched: 10/4/2026