361.7326 - Redemption of tax lien after sale: Authorized persons; amount of required payment; issuance and contents of certificate of redemption; recording of information. - Nevada Statutes

361.7326  Redemption of tax lien after sale: Authorized persons; amount of required payment; issuance and contents of certificate of redemption; recording of information.

      1.  In addition to the persons authorized to redeem a tax lien pursuant to NRS 361.7324, any tax lien sold pursuant to the provisions of NRS 361.731 to 361.733, inclusive, may be redeemed by any of the following persons, as their interests in the parcel of real property which is the subject of the tax lien may appear of record:

      (a) The owner of the parcel of real property.

      (b) The beneficiary under a deed of trust.

      (c) The mortgagee under a mortgage.

      (d) The person to whom the property was assessed.

      (e) The person who holds a contract to purchase the property before its conveyance to the county treasurer.

      (f) The successor in interest of any person specified in this subsection.

      2.  A person who redeems a tax lien must pay to the county treasurer the amount stated on the certificate of purchase of the tax lien, including interest at the rate stated on the certificate and any fees paid by the holder of the certificate of purchase to the county treasurer.

      3.  If the person who redeems the tax lien has been served with a summons pursuant to NRS 361.670, the person must pay the costs incurred by the holder of the certificate of purchase to commence the action.

      4.  The county treasurer shall issue a certificate of redemption to each person who redeems a tax lien pursuant to this section.

      5.  A certificate of redemption issued pursuant to subsection 4 must include:

      (a) A description of the parcel of real property which is the subject of the tax lien;

      (b) The date the tax lien is redeemed;

      (c) The name and address of the person who redeems the tax lien; and

      (d) The amount paid to redeem the tax lien.

      6.  The county treasurer shall record the information set forth in subsection 5 in the record he or she maintains pursuant to NRS 361.7322.

      7.  A certificate of redemption may be recorded in the office of the county recorder.

      (Added to NRS by 2005, 511)