“Developmental rights” means any right or combination of rights reserved by a declarant in the declaration to:

1. 1. Add real estate to a condominium hotel;
2. 2. Create residential units, common elements, limited common elements, shared components or a hotel unit within a condominium hotel;
3. 3. Subdivide residential units or convert residential units into common elements, shared components or part of a hotel unit;
4. 4. Subdivide a hotel unit or convert a hotel unit into residential units, common elements or shared components;
5. 5. Subdivide shared components or convert shared components into residential units, common elements or part of a hotel unit;
6. 6. Subdivide or convert common elements into residential units, shared components or part of a hotel unit; or
7. 7. Withdraw real estate from a condominium hotel.

(Added to NRS by 2007, 2195; A 2015, 1217)