Applicability; exceptions.

Nev. Rev. Stat. § 116B.725
in effect
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1. Except as otherwise provided in subsection 2, NRS 116B.725 to 116B.795 , inclusive, apply to all condominium hotels. 2. Neither a public offering statement nor a certificate of resale need be prepared or delivered in the case of a: (a) Gratuitous disposition of a unit; (b) Disposition pursuant to court order; (c) Disposition by a government or governmental agency; (d) Disposition by foreclosure or deed in lieu of foreclosure; (e) Disposition to a dealer; (f) Disposition that may be cancelled at any time and for any reason by the purchaser without penalty; or (g) Disposition of a unit not used for residential use.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-116B.htmlFetched: 10/4/2026

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Nev. Rev. Stat. § 116B.725 — Applicability; exceptions | Nevada Revised Statutes | Corpus