Nevada Administrative Code — Title 32 (Revenue and Taxation)
Nev. Admin. Code § 375.50 — 375.50
NAC 375.050 Deed with the right of redemption defined. ( NRS 360.090 , 375.015 ) Deed
with the right of redemption means a deed which provides for the annulling and
revoking of a conditional sale of property for the failure to perform the
conditions stipulated.
[Tax Commn, Real Property Transfer Tax Ruling part No.
1, eff. 1-1-68]
Source: official text