Nevada Code § 21.220

Successive redemptions; redemption from previous redemptioner; notice of redemption; sheriffs deed; certificate of redemption
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1. If property be so redeemed by a
redemptioner, another redemptioner may, within 60 days after the last
redemption, again redeem it from the last redemptioner on paying the sum paid
on such last redemption with 2 percent thereon in addition, and the amount of
any assessments or taxes which the last redemptioner may have paid thereon
after the redemption by him or her, with interest on that amount, and in
addition the amount of any liens held by the last redemptioner prior to his or
her own, with interest, but the judgment under which the property was sold need
not be so paid as a lien.
2. The property may be again, and as often
as a redemptioner is so disposed, redeemed from any previous redemptioner
within 60 days after the last redemption, on paying the sum paid on the last
previous redemption, with 2 percent thereon in addition, and the amounts of any
assessments or taxes which the last previous redemptioner paid after the
redemption by him or her, with interest thereon, and the amount of any liens,
other than the judgment under which the property was sold, held by the last
redemptioner previous to his or her own, with interest.
3. Written notice of redemption must be
given to the sheriff and a duplicate recorded with the recorder of the county,
and if any taxes or assessments are paid by the redemptioner, or if the
redemptioner has or acquires any lien other than that upon which the redemption
was made, notice thereof must in like manner be given to the sheriff and
recorded with the recorder and, if the notice is not recorded, the property may
be redeemed without paying the tax, assessment or lien.
4. If no redemption is made within 1 year
after the sale, the purchaser, or the purchasers assignee, is entitled to a
conveyance or, if so redeemed, whenever 60 days have elapsed and no other
redemption has been made and notice thereof given, and the time for redemption
has expired, the last redemptioner, or the last redemptioners assignee, is
entitled to a sheriffs deed, but in all cases the judgment debtor has the
entire period of 1 year after the date of the sale to redeem the property.
5. If the judgment debtor redeems, he or
she must make the same payments as are required to effect a redemption by a
redemptioner. If the debtor redeems, the effect of the sale is terminated, and
the debtor is restored to his or her estate.
6. Upon a redemption by the debtor, the
person to whom the payment is made must execute and deliver to the debtor a
certificate of redemption, acknowledged or approved before a person authorized
to take acknowledgments of conveyances of real property. The certificate must
be recorded in the office of the recorder of the county in which the property
is situated.

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