NRS Chapter 116 (Common-Interest Communities)
Complete compliance reference for Nevada HOA and condo boards. Below you'll find late fee limits, violation notice procedures, reserve study requirements, collection rules, and meeting mandates — all based on current state statutes.
30
Day Cure Period
15
Day Grace Period
2
Day Board Meeting Notice
Yes
Hearing Required
Per governing documents. Interest max 18%.
30-day notice required. Hearing mandatory. Certified/registered mail. Ombudsman for dispute resolution.
Reserve study required every 5 years. Cannot waive funding. Must be conducted by qualified professional.
Must offer payment plan. HOA Ombudsman oversight. Super-priority lien for 9 months of assessments.
Open meetings. Audio recording may be required.
Legal Disclaimer
This information is for general guidance only and does not constitute legal advice. HOA laws change frequently. Always consult a licensed attorney in Nevada for specific legal questions regarding your community.
Parkie's compliance engine automatically monitors your Nevada community against state regulations — flagging late fee violations, notice deadlines, and reserve requirements before they become problems.