Nevada Administrative Code
Chapter 119A - TIME SHARES
SALE OF TIME SHARES
Section 119A.230 - Subordination of interest by holders of certain liens
Universal Citation: NV Admin Code 119A.230
Current through February 27, 2024
Any holder of a lien which is secured by any interest in the real property on which a project is located shall subordinate his or her interest to a declaration either by jointly executing the declaration or by a separate recorded instrument.
Added to NAC by Real Estate Div., eff. 12-3-84; A by R130-16A, eff. 11/13/2017; A by R130-16AP, eff. 8/30/2018
NRS 119A.190
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