Nevada Revised Statutes 116B.720 – Association prohibited from requiring unit’s owner to obtain approval to rent or lease unit; exceptions
Current as of: 2023 | Check for updates
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1. Except as otherwise provided in the declaration, an association may not require a unit’s owner to secure or obtain any approval from the association in order to rent or lease his or her unit.
Terms Used In Nevada Revised Statutes 116B.720
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
2. The provisions of this section do not prohibit an association from enforcing any provisions which govern the renting or leasing of units and which are contained in this chapter or in any other applicable federal, state or local laws or regulations.