NRS 116.31034
Reserve study required at least every 5 years with funding analysis
Updated January 2026
Nevada's NRS 116 provides comprehensive regulation for common-interest communities with strong disclosure requirements and homeowner protections.
Showing 6 of 6 rules
Reserve study required at least every 5 years with funding analysis
Board meetings open to members; 10-day notice for regular meetings
Fining committee with non-board members required before imposing fines
Foreclosure requires mediation/arbitration option before proceeding
Solar and energy efficiency devices cannot be prohibited
Annual audit or review required based on association size
Our AI-powered audit tool checks your HOA documents against Nevada state law.