Nevada

In State Info by TSL Admin


Primary Sale Type:Tax Lien Certificate
nevada
Secondary Type(s):Tax Deed / Special Assessment
Sale Date(s):Varies: set by taxing jurisdiction
Bid Type:Varies: set by taxing jurisdiction
Rate of Return:Varies: set by board of county commissioners
10% minimum / 20% maximum interest
Typically 1% per month, equalling 12% per annum
Redemption Period:up to 2 years from date of sale (depending on property type)
Over-the-Counter:NA
Statute Section(s):NV Revised Statutes - CH 361
State Website:www.nv.gov

State Overview:

There are 16 counties in the state of Nevada.

County Directory

The two most populous areas in Nevada are Clark (1,375,000+) and Washoe (339,000+) County.

Search Demographics:

Nevada may be classified as a Tax Lien Certificate state, however counties are permitted to withhold the liens from public sale and only offer Tax Deeds once the property owner has completed the set redemption period without repaying the county. The local treasurer typically conducts a sale at least once a year, though some counties haven't held a sale for many years. 'Special Assessment' sales are often continued throughout the year as scheduled auctions, including costs for improvements upon land that were mandated and/or carried out directly by the county. Sales may be conducted on the municipal or county level, depending on local practices.

Auction Process / Redemption:

Tax Lien Certificate and Tax Deed sales are held publicly by the local treasurer typically once a year, though select counties haven't held an auction for many years. Bidders must preregister prior to the auction, where they will be assigned a bidding number. Winning bidders may be determined through a variety of bidding methods which will be assigned by the local taxing authority prior to the sale. The homeowner has a 2 year right of redemtion, starting on the date of sale. If the land is vacant, there is only 120 days in which the property owner may redeem. An interest rate of 1% per month, equalling 12% per annum shall be owed to the certificate holder, starting from the date of sale.

State Resources:

ResourceDescriptionInstructions and Additional Information
Nevada Association of CountiesWebsite links and contact information for county treasurers and other officials- including assessors and recorders. The same information is also provided for Carson City.NA
County Fiscal Officers Association of NevadaContact information for county treasurers and other officials- including assessors and recorders. The same information is also provided for Carson City.NA
Nevada State Cities/CountiesLinks to county and city websites.NA
Nevada Department of TaxationWebsite links for each county treasurer and assessor in Nevada - also notes those sites which exclude a tax roll or who do not have a website.NA