Nev. Admin. Code § 375.120 — 375.120

NAC 375.120    “Right of redemption” defined. ( NRS 360.090 , 375.015 )    “Right
of redemption” means the right to disencumber property or to free it from a
claim or lien, specifically, the right, granted by statute only, to free
property from the encumbrance of a foreclosure or other judicial sale or to
recover the title passing thereby, by paying what is due, with interest and
other costs.
[Tax Comm’n, Real Property Transfer Tax Ruling part No.
1, eff. 1-1-68]