“Declarant” means any person or group of persons acting in concert who:

1.  As part of a common promotional plan, offers to dispose of the interest of the person or group of persons in a unit not previously disposed of; or

2.  Reserves or succeeds to any special declarant’s right.

(Added to NRS by 1991, 537; A 2011, 2416)—(Substituted in revision for NRS 116.110335)