Nev. Admin. Code § 375.120 - "Right of redemption" defined

"Right of redemption" means the right to disencumber property or to free it from a claim or lien, specifically, the right, granted by statute only, to free property from the encumbrance of a foreclosure or other judicial sale or to recover the title passing thereby, by paying what is due, with interest and other costs.

Notes

Nev. Admin. Code § 375.120
Tax Comm'n, Real Property Transfer Tax Ruling part No. 1, eff. 1-1-68

NRS 360.090, 375.015

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