Nev. Rev. Stat. § 361.585 — Execution and delivery of deeds to county treasurer as trustee after period of redemption; reconveyance of property

NRS  361.585    Execution and delivery of deeds to county treasurer as trustee
after period of redemption; reconveyance of property.
1.  When the time allowed by law for the
redemption of a property described in a certificate has expired and no
redemption has been made, the tax receiver who issued the certificate, or his
or her successor in office, shall execute and deliver to the county treasurer a
deed of the property in trust for the use and benefit of the State and county
and any officers having fees due them.
2.  The county treasurer and his or her
successors in office, upon obtaining a deed of any property in trust under the
provisions of this chapter, shall hold that property in trust until it is sold
or otherwise disposed of pursuant to the provisions of this chapter.
3.  Notwithstanding the provisions of NRS 361.595 or 361.603 , at any time during the 90-day
period specified in NRS 361.603 , or not
later than the close of business of the county treasurer on the third business
day before the day of the sale by a county treasurer, as specified in the
notice required by NRS 361.595 , of any
property held in trust by him or her by virtue of any deed made pursuant to the
provisions of this chapter, any person specified in subsection 4 is entitled to
have the property reconveyed upon the receipt by the county treasurer of
payment by or on behalf of that person of an amount equal to the taxes accrued,
together with any costs, penalties and interest legally chargeable against the
property. A reconveyance may not be made after expiration of the 90-day period
specified in NRS 361.603 .
4.  Property may be reconveyed pursuant to
subsection 3 to one or more of the persons specified in the following
categories, or to one or more persons within a particular category, as their
interests may appear of record:
(a) The owner.
(b) The beneficiary under a note and deed of
trust.
(c) The mortgagee under a mortgage.
(d) The creditor under a judgment.
(e) The person to whom the property was assessed.
(f) The person holding a contract to purchase the
property before its conveyance to the county treasurer.
(g) The Director of the Nevada Health Authority
if the owner has received or is receiving any benefits from Medicaid.
(h) The successor in interest of any person
specified in this subsection.
(i) A municipality that holds a lien against the
property.
5.  The provisions of this section apply to
land held in trust by a county treasurer on or after April
17, 1971.