Revises provisions governing housing. (BDR 10-1045)

AB 324 modifies Nevada's insurance requirements for homeowners' associations (HOAs) in common-interest communities. It removes the mandatory inclusion of units separated by vertical boundaries (like apartment walls between units) in the HOA's property insurance policy, allowing associations to choose whether to cover these units. This change directly affects HOAs managing communities with such unit divisions and their individual unit owners, who retain the right to obtain separate insurance for their units. The bill maintains existing requirements for insuring common elements and other coverages while giving associations flexibility on vertical boundary unit coverage. Unit owners can still purchase their own insurance without relying on the HOA's policy.