Nevada § 271.545 - Delinquent assessment or installment marked delinquent on assessment roll; contents of notice of sale of property; ordinance to establish procedures for conducting sale of property

§ 271.545. Delinquent assessment or installment marked delinquent on assessment roll; contents of notice of sale of property; ordinance to establish procedures for conducting sale of property

1. All assessments and installments thereof shall be collected and enforced by the

municipal treasurer at the times and in the manner provided by the Consolidated Local

Improvements Law and as hereafter provided. As soon as any assessment or installment becomes delinquent, the municipal treasurer

shall mark the same delinquent on the assessment roll. Within 60 days thereafter, the governing body shall direct the municipal treasurer

to give notice of the sale of the property or properties subject to the lien of a

delinquent installment or the entire assessment if the governing body has exercised

its option to cause the whole amount of the unpaid principal to become due and payable. The notice shall contain: (a) The name of each last known owner of each tract upon which an assessment or installment

thereof is delinquent, or if not known that the name is unknown. (b) A description of each tract upon which an assessment is delinquent, and the total

amount due thereon, including the delinquent installment or the whole assessment,

as the case may be, accrued interest upon the whole amount of unpaid principal to

the date of delinquency, interest upon unpaid principal and accrued interest from

the date of delinquency to the date of sale at a rate not exceeding 1 percent per

month, penalties and collection costs, including attorney's fees. (c) A statement of the time and place of sale. (d) A statement that each property described will be sold to satisfy the total amount

due thereon as aforesaid. 2. A governing body may adopt an ordinance to establish the procedures for conducting

a sale of a property pursuant to the provisions of NRS 271.540 to 271.620 , inclusive, including, without limitation, the method of determining the person who

shall be permitted to purchase a property at such a sale.