Nevada
NV
The investor buys the property itself at sale. No redemption period usually follows, so title transfers directly.
Sale type
Tax deed
Redemption
24 mo
Interest / penalty
Flat rate · 10%
Sale timing
Varies
Rules in plain English
Sale type
Tax deed
The investor buys the property itself at sale. No redemption period usually follows, so title transfers directly.
NRS 361.585; NRS 361.595
“shall execute and deliver to the county treasurer a deed of the property in trust for the use and benefit of the State and county”official source ↗
Redemption period
24 mo
24 months (2 years)
NRS 361.570(1)
“to hold each property described in the certificate for the period of 2 years after the first Monday in June of the year the certificate is dated, unless sooner redeemed”official source ↗
Interest / penalty
Flat rate · 10%
10% flat per year.
NRS 361.570(2)(b)
“interest on the taxes will be added at the rate of 10 percent per annum, assessed monthly, from the date due until paid”official source ↗
Bid method
Minimum bid (no bidding up)
The sale is at a fixed minimum bid, with no bidding above it.
NRS 361.595(2)
“directing the county treasurer to sell the property particularly described therein, after giving notice of sale, for a total amount not less than the amount of the taxes, costs, penalties and interest legally chargeable against the property”official source ↗
Sale schedule
Varies
Sale timing varies by county.
NRS 361.595(3)
“notice of the sale must specify the day, time and place of the sale”official source ↗
Redemption detail
- Base period
- 24 months (2 years)
- Starts from
- Not documented
- Notice days
- Not documented
- Exceptions
- 1
| Property class | Redemption |
|---|---|
| abandoned | 12 months (1 year) |
Bidder process
- 01Delinquency is certified: the tax receiver publishes notice and issues a trustee's certificate describing each delinquent parcel to the county treasurer, who holds it for two years (one year if the parcel was determined abandoned) unless redeemed (NRS 361.565, 361.570(1))
- 02If the parcel is not redeemed, the tax receiver deeds it to the county treasurer in trust for the State and county (NRS 361.585(1))
- 03Watch for the board of county commissioners' order directing the treasurer to sell a described parcel, and the notice of sale stating the day, time and place (NRS 361.595(2), (3))
- 04Buy from the county treasurer for not less than the taxes, costs, penalties and interest stated in the order; the treasurer delivers a quitclaim deed discharged of the trust (NRS 361.595(5))
- 05Record the deed at your own expense before delivery, since an unrecorded deed is void against a later good-faith purchaser (NRS 361.595(7), (10))
- 06The alternative investor route is an owner-authorized lien assignment: the owner signs a notarized authorization, the assignee posts a $500,000 bond, and the assignee tenders the full delinquent amount in cash or by certified check, money order or wire transfer (NRS 361.7311(1), 361.7312(1), 361.7314(1))
- Registration
- Not documented
- Registration mode
- Not documented
- Registration deadline
- Not documented
- Registration fee
- Not documented
- Deposit required
- Not documented
- Deposit amount
- Not documented
- Deposit percent
- Not documented
- Deposit refundable
- Not documented
- Sale format
- Not documented
- Payment deadline
- Not documented
- Payment methods
- unknown
- Residency required
- Not documented
- A third party cannot simply bid on a delinquent parcel: an owner-authorized tax lien assignment requires the owner's written, notarized authorization and a $500,000 cash or surety bond posted by the assignee (NRS 361.7311(1), 361.7314(1))
- A county treasurer may not assign a tax lien to a government or governmental subdivision (NRS 361.7312(2))
NRS 361.570(1)
“the certificate authorizes the county treasurer, as trustee for the State and county, to hold each property described in the certificate for the period of 2 years after the first Monday in June of the year the certificate is dated, unless sooner redeemed”official source ↗
NRS 361.585(1)
“When the time allowed by law for the redemption of a property described in a certificate has expired and no redemption has been made, the tax receiver who issued the certificate, or his or her successor in office, shall execute and deliver to the county treasurer a deed of the property in trust for the use and benefit of the State and county”official source ↗
NRS 361.595(2)
“directing the county treasurer to sell the property particularly described therein, after giving notice of sale, for a total amount not less than the amount of the taxes, costs, penalties and interest legally chargeable against the property as stated in the order”official source ↗
NRS 361.595(3)
“notice of the sale must specify the day, time and place of the sale and be: (a) Posted in at least three public places in the county, including one at the courthouse and one on the property, not less than 20 days before the day of sale”official source ↗
NRS 361.595(5)
“the county treasurer shall make, execute and deliver to any purchaser, upon payment to the county treasurer, as trustee, of a consideration not less than that specified in the order, a quitclaim deed, discharged of any trust of the property mentioned in the order”official source ↗
NRS 361.595(7)
“Before delivering a deed, the county treasurer shall record the deed at the expense of the purchaser”official source ↗
NRS 361.7312(1)
“a county treasurer shall assign a tax lien against a parcel of real property upon which the taxes are delinquent if the assignee: (a) Presents the county treasurer with: (1) Written authorization for the assignment, duly executed by the owner of the property in accordance with NRS 361.7311; and (2) Evidence that the assignee has posted and maintains the bond required by NRS 361.7314 in the penal sum required by that section, or an affidavit showing that the assignee is exempt from the requirement pursuant to subsection 4 of that section; and (b) Tenders to the county treasurer the full amount of the delinquent taxes assessed against the property and any applicable penalties, interest, fees and costs. Payment must be made in cash or by certified check, money order or wire transfer”official source ↗
NRS 361.7314(1)
“an assignee shall post a cash bond or surety bond: (a) In the penal sum of $500,000”official source ↗
Notes
Property held in trust by county treasurer during redemption; treasurer then sells. Corrected from lien during spot-check. | Prose: deed | 10% per annum, assessed monthly (NRS 361.570) | 2 years after first Monday in June (1 year if abandoned) | treasurer's sale ordered by county commissioners; minimum = taxes, costs, penalties and interest | varies by county (treasurer's sale, after the 2-year redemption period)