Washoe County Tax Lien Sale
When you purchase a from a Washoe County tax lien sale, you are purchasing a Tax Lien Certificate, which is a note on a property for the current owner’s nonpayment of taxes. The property has a redemption period of 120 days on vacant land and 2 years for improved property.
The purchaser of the Tax Lien Certificate, or note, earns interest for each month the note is outstanding. If the redemption period passes and the property is not redeemed by the property owner, then the Certificate Holder may start the process to obtain the deed.
No earlier than one day after the redemption period, notice of the purchaser’s intention to to request a deed must be given to the property owner. The property owner then has an additional 60 days to redeem the property. Once the 60-day redemption period passes, the purchaser must submit the following documentation in order to request the deed:
- The Original Certificate of Sale
- Notarized statement of steps taken to notify property owner
- Copy of Notice to Property Owner Affidavit (proof of service on property owner)
- Affidavit of Search (if unable to locate, what did you do to locate the property owner)
- Affidavit of Publication (proof of publication)
Once the time periods have passed and he purchases request and documentation has been completed, the Treasurer must provide a deed to the purchaser or his assignee. Delinquent taxes or assessments do not have to be paid current at the time of the initial tax lien sale, but they must be paid current before the deed will be issued.