NRS 271.575 Municipal clerk custodian of certificates for property sold to municipality; sale or transfer of certificate.
153 words·~1 min read·
/nv/chapter-271-local-improvements/271-575A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 271.575 Municipal clerk custodian of certificates for property sold to municipality; sale or transfer of certificate. 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 .