This form is a Master Deed. This Master Deed is executed by a developer pursuant to the provisions of the Condominium Act. The deed contains a legal description of the project and the responsibilities of the co-owner.
Condominium Common Element With Bright Red Highlights In Nevada
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If you Google 'CIC' you will find organizations relating to everything from immigration to colleges to cooperation… but as it relates to real estate a CIC is a Common Interest Community.
The Commission for Common-Interest Communities and inium Hotels is a seven-member body, appointed by the governor that acts in an advisory capacity to the Division, adopts regulations, and conducts disciplinary hearings.
Federal and state laws regulate HOAs in Nevada, but it is the Nevada Real Estate Department that is ultimately responsible for maintaining the proper functioning of HOAs and their communities.
Communities of Interest are often defined as “a contiguous population which shares common social and economic interests that should be included within a single district for purposes of fair and effective representation.”