What is the authority of the Commission on Common-Interest Communities and Condominium Hotels?

The Commission on Common-Interest Communities and Condominium Hotels in Nevada possesses the authority to take disciplinary action regarding the conduct of community managers and other related parties. This includes the ability to impose sanctions, fines, and other forms of penalties to ensure compliance with established laws and regulations that govern common-interest communities and condominium hotels.

Disciplinary action is an essential function of the Commission, as it helps maintain the standards and ethical practices necessary for the operation of common-interest communities. It ensures that community managers and associations adhere to the appropriate laws, ultimately protecting the interests of residents and the integrity of community governance. This oversight capability is crucial for maintaining accountability and upholding the laws that regulate these areas.

In terms of the other options, while they may seem relevant to the Commission’s function, they do not embody the primary authority it exercises. The Commission interprets laws rather than changes them, does not modify NRS 117, and lacks the power to change NRS 116. Hence, the strength in the Commission's role lies significantly in its capacity to enforce laws through disciplinary measures.