NV AB324

Eliminates the requirement for common-interest community associations to include units divided by vertical boundaries (such as townhomes with shared walls) in their property insurance policies

Maintains the existing requirement that associations must include units divided by horizontal boundaries (such as condominiums stacked vertically) in property insurance coverage

Authorizes associations to choose whether to include units with vertical boundaries in their property insurance policies, making such coverage optional rather than mandatory

Amends NRS 116.3113, which governs insurance requirements for unit-owners' associations in common-interest communities