Allocated interests defined.
Nev. Rev. Stat. § 116.009
in effectAllocated interests means the following interests allocated to each unit:
1. In a condominium, the undivided interest in the common elements, the liability for common expenses, and votes in the association;
2. In a cooperative, the liability for common expenses, the ownership interest and votes in the association; and
3. In a planned community, the liability for common expenses and votes in the association.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-116.htmlFetched: 10/4/2026