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Types of ?common interest community? include condominiums, planned communities and homeowners' associations and timeshares. Common interest properties are gaining in popularity as more people live in condos or use timeshares for vacations.
What is a Community of Interest (COI)? A COI is a group of people in a defined geographic location that share a common bond or interest. The definition is broad, leaving communities a lot of discretion in determining which issues are important to them.
In Nevada, condominiums, condominium-hotels and timeshares are known as common-interest communities.
NRS 116.021 ?Common-interest community? defined.
Examples of common-interest associations include fraternal organizations, religious groups, cultural clubs, and political organizations. These associations played an important role in promoting social cohesion and individual autonomy in industrialized societies.
Examples of common-interest associations include fraternal organizations, religious groups, cultural clubs, and political organizations. These associations played an important role in promoting social cohesion and individual autonomy in industrialized societies.