271.575 - Municipal clerk custodian of certificates for property sold to municipality; sale or transfer of certificate. - Nevada Statutes

271.575  Municipal clerk custodian of certificates for property sold to municipality; sale or transfer of certificate.  The municipal clerk is the custodian of all certificates for property sold to the municipality. At any time before the expiration of the period of redemption as determined pursuant to subsection 1 of NRS 271.595 and before the redemption of the property, the municipal clerk shall sell or transfer any certificate to any person who presents the treasurer’s receipt evidencing payment of the amount for which the property described was stricken off to the municipality, with interest continuing to accrue from the date of sale to the date of payment at a rate not exceeding 1 percent per month, as aforesaid. The clerk may, if authorized by the governing body, sell and transfer any certificate in like manner after the expiration of the period of redemption as determined pursuant to subsection 1 of NRS 271.595.

      (Added to NRS by 1969, 949; A 1989, 1042)