AB 324
Revises provisions governing housing. (BDR 10-1045)
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Sign in to take action- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill modifies Nevada law regarding property insurance requirements for common-interest communities (like condos and townhouses). Specifically, it removes the requirement that property insurance policies must cover units divided by vertical boundaries. The bill also allows associations to choose whether to include these units in their insurance coverage, and it maintains other key insurance requirements such as property, liability, crime, and directors and officers insurance.
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