119A.497 - Relocation of boundaries between adjoining units. - Nevada Statutes

119A.497  Relocation of boundaries between adjoining units.

      1.  Except as otherwise provided in subsection 2 and subject to the provisions of the time-share instrument and other provisions of law, a developer may, with the prior approval of the Division, relocate the boundaries between adjoining units by amending the provisions of the time-share instrument and any recorded map or plat relating thereto.

      2.  A developer may relocate the boundaries between adjoining units without the prior approval of the Division if:

      (a) The relocation is necessary to comply with the law; or

      (b) No time share attributable to either of the adjoining units is owned by a purchaser.

      (Added to NRS by 2001, 2495)