NRS 116.310305

����� 1. A unit�s owner shall adhere to a schedule required by the association for: ����� (a) The completion of the design of a unit or the design of an improvement to a unit; ����� (b) The commencement of the construction of a unit or the construction of an improvement to a unit; ����� (c) The completion of the construction of a unit or the construction of an improvement to the unit; or ����� (d) The issuance of a permit which is necessary for the occupancy of a unit or for the use of an improvement to a unit. ����� 2. The association may impose and enforce a construction penalty against a unit�s owner who fails to adhere to a schedule as required pursuant to subsection 1 if: ����� (a) The right to assess and collect a construction penalty is set forth in: ������������ (1) The declaration; ������������ (2) Another document related to the common-interest community that is recorded before the date on which the unit�s owner acquired title to the unit; or ������������ (3) A contract between the unit�s owner and the association; ����� (b) The association has included notice of the maximum amount of the construction penalty and schedule as part of any public offering statement or resale package required by this chapter; and ����� (c) The unit�s owner receives notice of the alleged violation which informs the unit�s owner that he or she has a right to a hearing on the alleged violation. ����� 3. For the purposes of this chapter, a construction penalty is not a fine.