Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 271.63165 - Notice of assessment and assessment lien; contents of notice; priority of assessment lien1. A municipality shall execute and record a notice of assessment and assessment lien on the real property on which an assessment is imposed pursuant to the provisions of NRS 271.6301 to 271.6325, inclusive. The municipality may delegate to the capital provider responsibility for recording the notice of assessment and assessment lien.2. The notice of assessment and assessment lien must include, without limitation: (a) The legal description of the real property;(b) The name of each property owner;(c) The date on which the lien was created, which is the date on which the notice of assessment is recorded;(d) The principal amount of the assessment lien;(e) The term of the assessment lien; and(f) A copy of the voluntary assessment agreement entered into between the municipality and the property owner pursuant to NRS 271.6316.3. Notwithstanding the provisions of any other statute to the contrary, an assessment and assessment lien: (a) Run with the land and is not subject to acceleration or extinguishment by the sale of any property on account of the nonpayment of general taxes.(b) Are prior and superior to all liens, claims, encumbrances and titles other than the liens of assessments and general taxes attached to the tract pursuant to the provisions of NRS 361.450.Added to NRS by 2021, 3245Added by 2021, Ch. 499,§12, eff. 10/1/2021.