Units owner defined.
Nev. Rev. Stat. § 116B.240
in effectUnits owner means a declarant or other person who owns a unit, or a lessee of a unit in a leasehold condominium hotel whose lease expires simultaneously with any lease, the expiration or termination of which will remove the unit from the condominium hotel, but does not include a person having an interest in a unit solely as security for an obligation. In a condominium hotel, the declarant is the owner of any unit created by the declaration until that unit is conveyed to another person.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-116B.htmlFetched: 10/4/2026