Redemption of tax lien after assignment: Amount of required payment; issuance, contents and recording of release of lien.
Nev. Rev. Stat. § 361.7326
in effect1. An owner of property may redeem a tax lien assigned pursuant to the provisions of NRS 361.7303 to 361.733 , inclusive, without a prepayment penalty at any time after the assignment by paying the amounts owed to the assignee under the agreement entered into pursuant to NRS 361.7311 .
2. If an owner who redeems the tax lien has been served with a summons pursuant to NRS 361.670 , the owner must pay the costs incurred by the assignee to commence the action.
3. Within 20 business days after the redemption of the tax lien, the assignee shall issue a release of the lien to the owner.
4. A release issued pursuant to subsection 3 must include:
(a) The legal description and parcel number of the property which is the subject of the tax lien;
(b) The year or years for which the taxes related to the lien were assessed on the parcel;
(c) The recording information for the documents recorded pursuant to subsection 3 of NRS 361.7311 ; and
(d) The date the tax lien is redeemed.
5. The assignee shall:
(a) Cause the release to be recorded in the office of the county recorder of the county in which the property is located; and
(b) Cause a copy of the release to be sent to the county treasurer of that county.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-361.htmlFetched: 10/4/2026
