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Current as of January 01, 2025 | Updated by Findlaw Staff
Each tract of land sold for delinquent and unpaid special assessments, or installments thereof, shall be sold to the first person at the sale offering to pay the amount due thereon as aforesaid. If there is no bidder for any tract for a sum sufficient to pay such amount, the treasurer shall strike it off to the municipality. If any bidder to whom any property is stricken off at the sale does not pay the amount which the municipal treasurer was required to collect by the sale before 10 a.m. of the day following the sale, the property must then be resold, or if the assessment sale is closed, be deemed to have been sold to the municipality. A certificate of sale shall be issued to the municipality for each property stricken off to the municipality in substantially the form hereafter provided.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 22. Cooperative Agreements by Public Agencies; Regional Transportation Commissions; Planning and Zoning; Development and Redevelopment § 271.560. Sale to person offering to pay amount due; when stricken off to municipality; resale of property - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-22-cooperative-agreements-by-public-agencies-regional-transportation-commissions-planning-and-zoning-development-and-redevelopment/nv-rev-st-271-560/
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