Allocated interests defined.
Nev. Rev. Stat. § 116B.025
in effectAllocated interests means the undivided interest in the common elements, the liability for common expenses and votes in the association, but, except as otherwise provided in the declaration, not in the shared components or the hotel unit.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-116B.htmlFetched: 10/4/2026
