NRS 21.200

Real property sold subject to redemption; who may redeem; redemptioner defined

Applied in 1 court decision — leading case SFR Invs. Pool 1 v. U.S. Bank (2014)

Most recently applied in SFR Invs. Pool 1 v. U.S. Bank (September 2014)

[1911 CPA § 357; RL § 5299; NCL § 8855]

1. Property sold subject to redemption, as provided in NRS 21.190, or any part sold separately, may be redeemed in the manner hereinafter provided by the following persons or their successors in interest:

(a) The judgment debtor or the judgment debtor’s successor in interest, in the whole or any part of the property.

(b) A creditor having a lien by judgment or mortgage on the property sold, or on some share or part thereof, subsequent to that on which the property was sold.

2. The person mentioned in paragraph (b) of subsection 1 is termed a “redemptioner” in this chapter.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.