271.610 - Acquisition of lien by purchaser of certificate of sale; interest.
271.610 Acquisition of lien by purchaser of certificate of sale; interest. The purchaser of any certificate of sale acquires a lien on the property bid in by the purchaser for the amount paid plus all taxes and delinquent assessments or delinquency, and all interest, penalties, costs and charges thereon, whether levied before or after the sale, whether for state, county or municipal purposes, and paid by the purchaser. The purchaser is entitled to interest at the rate of 1 percent per month on the original amount paid from the date of the sale and upon subsequent payments from the date of payment of respective amounts.
(Added to NRS by 1969, 951)