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Nevada Reconveyance Deed Form

Nevada Reconveyance Deed Form

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Instructions and help about Nevada Reconveyance Deed

hey everyone Casey them in here we're talking about tax sales in the state of Nevada now the stand about it is a tax deed state in a tax deed state the actual property is sold after failure to pay the property taxes this will differ from a tax lien state we're just a priority lien against the property is so so again Nevada they actually sell the property in the state of Nevada after the taxes have fallen delinquent for three years the property is then deeded to the county treasurer as trustee for the county after this has taken place the county takes that property to public auction now minimum bids at the auction will start at the amount of the delinquent taxes interest and fees owed up to that point or the assessed valuation whichever is greater now the assessed valuation is roughly thirty five percent of the fair market value in the state of Nevada so it's still much lower than market value the county treasurer does handle all the tax auctions and the cells ar

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