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.
NRS 271.575
Municipal clerk custodian of certificates for property sold to municipality; sale or transfer of certificate
Known as the Consolidated Local Improvements Law
The act spans §§ 271–271 (230 sections).
Applied in 1 court decision — leading case Pawlik v. Shyang-Fenn Deng (2018)
Most recently applied in Pawlik v. Shyang-Fenn Deng (March 2018)
(Added to NRS by 1969, 949; A 1989, 1042)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.