Nevada § 361.7326 - Redemption of tax lien after assignment: Amount of required payment; issuance, contents and recording of release of lien

Full text of Nevada Nevada Revised Statutes § 361.7326 — Redemption of tax lien after assignment: Amount of required payment; issuance, contents and recording of release of lien, with citation guidance and answers to common questions.

§ 361.7326. Redemption of tax lien after assignment: Amount of required payment; issuance, contents and recording of release of lien

1. 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: official Nevada text · Last verified 2026-08-27

Frequently Asked Questions About Nevada § 361.7326

What does Nevada Revised Statutes § 361.7326 cover?

Section 361.7326 ("Redemption of tax lien after assignment: Amount of required payment; issuance, contents and recording of release of lien") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Nevada § 361.7326?

A common citation format is "Nevada Revised Statutes § 361.7326" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Nevada law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.

How does Nevada § 361.7326 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.