NRS 116 governs HOA assessments in Las Vegas, requiring adoption by board vote with owner notice, annual budget ratification by owners (silence = ratification), and reserve-funding analysis every 5 years. Special assessments require specific procedures and may require owner vote depending on size.
HOA dues and special assessments in Las Vegas are strictly procedurally regulated. NRS 116.3115 requires the board to adopt an annual budget and provide it to all owners 30 days before the ratification meeting. Unless a majority of owners affirmatively reject the budget at that meeting, it is ratified automatically — this is the only 'silence-is-assent' mechanism in Nevada HOA procedure. Assessments are then levied in accordance with the ratified budget. Special assessments for non-emergency items typically require board authorization only, but assessments exceeding certain percentages of the annual budget trigger owner approval requirements under the CC&Rs or bylaws. Reserve studies are required every 5 years (NRS 116.31152), and the HOA must maintain reserves adequate for major component replacement as identified in the study. Delinquent assessment collection is tightly regulated: the association can assess late fees and interest, record a lien for unpaid assessments (true assessments, not fines — see CC&R enforcement), and pursue judicial collection. Non-judicial foreclosure for unpaid true assessments (not fines) is allowed but heavily procedural. HOAs cannot compound fine debt with assessment debt to evade the fine-foreclosure restrictions.
Specific penalty amounts for this ordinance are not published in a publicly accessible fine schedule. Contact Las Vegas code enforcement directly for current fines, enforcement procedures, and hearing options.
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