Nevada Code § 116.21188

Effect of foreclosure or enforcement of lien or encumbrance
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1. In a condominium or planned community,
except as otherwise provided in subsection 2, foreclosure or enforcement of a
lien or encumbrance against the entire common-interest community does not
terminate, of itself, the common-interest community, and foreclosure or
enforcement of a lien or encumbrance against a portion of the common-interest
community, other than withdrawable real estate, does not withdraw that portion
from the common-interest community. Foreclosure or enforcement of a lien or
encumbrance against withdrawable real estate does not withdraw, of itself, that
real estate from the common-interest community, but the person taking title
thereto may require from the association, upon request, an amendment excluding
the real estate from the common-interest community.
2. In a condominium or planned community,
if a lien or encumbrance against a portion of the real estate comprising the
common-interest community has priority over the declaration and the lien or
encumbrance has not been partially released, the parties foreclosing the lien
or encumbrance, upon foreclosure, may record an instrument excluding the real
estate subject to that lien or encumbrance from the common-interest community.

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