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

NRS  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.