271.420 - Liens; recording final assessment roll and statement of information.
271.420 Liens; recording final assessment roll and statement of information.
1. The payment of the amount so assessed, including each installment thereof, the interest thereon, and any penalties and collection costs, is secured by an assessment lien upon the tract assessed from the effective date of the assessment ordinance.
2. The final assessment roll, endorsed by the clerk as the roll designated in the assessment ordinance, must be recorded in the office of the county recorder together with a statement that the current payment status of any of the assessments may be obtained from the county or municipal officer who has been directed by the governing body to collect the assessment. Neither the failure to record the assessment roll as provided in this subsection nor any defect in the roll as recorded affects the validity of the assessments, the lien for the payment thereof or the priority of that lien.
3. Notwithstanding the provisions of any other specific statute, the lien upon each tract assessed is:
(a) Coequal with the latest lien thereon to secure the payment of general taxes.
(b) Not subject to extinguishment by the sale of any property on account of the nonpayment of general taxes.
(c) Prior and superior to all liens, claims, encumbrances and titles other than the liens of assessments and general taxes attached to the tract pursuant to the provisions of NRS 361.450.
4. No statute of limitations begins to run against any assessment nor the assessment lien to secure its payment until after the last installment of principal thereof becomes due.
(Added to NRS by 1965, 1370; A 1989, 257; 2005, 1828)