The following information is provided as a service to our readers, clients and prospective clients concerning how Douglas County, Nevada, headquartered in the Minden/Gardnerville area, but also including Stateline and Zephyr Cove, conducts sales of real estate where the property taxes are delinquent. It is current as of February 7, 2011.
If you need legal assistance or clarification, please contact a licensed Nevada attorney such as Ballard Law Practice.
From the Douglas County website:
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Delinquent Property Tax Sale – Frequently Asked Questions
Q: What is the date, time, and location of the tax sale?
The Douglas County Treasurer’s office conducts Tax sales/Trustee auctions each year as required. The dates, time and parcel descriptions are posted to our website at http://cltr.co.douglas.nv.us/ExhibitA.htm as soon as available.
Q: When and where are the tax sales advertised?
The Tax sale is advertised for 20 consecutive days prior to the auction date. The list is published in a newspaper of local circulation, usually the Record Courier. The list will also be posted to our website at http://cltr.co.douglas.nv.us/ExhibitA.htm
Q: Can I receive notice of all tax sales by U.S. Mail?
Yes, you may pay $5.00 to the Treasurer’s office…click “here” to get a copy of the mail-notice form. This fee adds you to a listing of all parties interested in receiving sale notices for a period of 5 years.
Q: How and when do I register for the tax sales?
Registration begins 1 hour prior to the time of the sale. You may register by coming in to the Douglas County Treasurer’s office at 1616 8th Street, Minden, Nevada.
Q: Can I register on-line?
No, but you can click “here” to view the registration form and print it on your printer. This will enable you to save time and have the required information filled in before arriving.
Q: What type of bidding process will be used?
This will be an open auction with the property being sold to the highest bidder.
Q: Is the sale final?
All sales are final. If you make a mistake and bid on the wrong property the sale is still final.
Q: Will all other liens be cleared from the property as a result of the sale?
Governmental liens (i.e. special assessments, sanitation liens, etc) will remain. Please refer to Nevada Revised Statute 361.585 and 361.590 for further information. (See Nevada Revised Statutes)
Q: Will the County assist if a foreclosure is necessary?
No, the County does not assist with foreclosure proceedings.
Q: A list of all properties to be sold by the Douglas County Trustee is available on our website at http://cltr.co.douglas.nv.us/ExhibitA.pdf approximately 20 days prior to the sale. All properties on the list are subject to sale, however, property owners have the right to reconvey the property (bring the taxes current) up to the date of publication. Publication of the final list will begin 20 days prior to the date of the sale in a newspaper of local circulation, the Record Courier.
Q: Where are properties located and in what condition is the property?
The properties are located throughout Douglas County and are sold “AS IS”. The County does not investigate the properties prior to the sale and in no way assumes any responsibility, implied or otherwise, that the properties are in compliance or conformed with zoning ordinances or conforms to building codes and permits. The County encourages you to research thoroughly the property you are buying. The County does not guarantee a clear title. Caution: investigate before you bid.
Q: Where can I research the sale parcels?
Ownership and lien information may be researched through the Douglas County Assessor ( http://assessor.co.douglas.nv.us ) and the Douglas County Recorder ( http://recorder.co.douglas.nv.us ). Both offices are located on the second floor of the “Old Courthouse”, 1616 8th Street, Minden, NV.
Q: How is the minimum bid determined on a parcel?
The minimum bid consists of all delinquent property taxes, penalties, interest and sale costs. It may also include items such as special assessments, sanitation liens, abatements, etc. The property will be sold to the highest bidder.
Q: What payment requirements do you have at the sale (cashier’s check, etc.)?
Payment must be made in the form of certified funds: cash, cashier’s check or money order made payable to Douglas County Treasurer.
Q: Is payment in full required on the day of the sale?
Payment in full is required by 3:00 p.m. on the day of the sale.
Q: Does Douglas County offer a financing program?
No, Douglas County does not offer any type of financing on sale parcels. Payment in full is required by 3:00 p.m. on the day of the auction.
Q: What type of ownership document is issued at the sale (treasurer’s deed, tax deed, sheriff’s deed, etc.)?
The County will record an Tax sale deed to the property within 30 days of the auction date. The Recorder’s office will mail the deed to the buyer. Please refer to Nevada Revised Statute 361.595 for information on a tax sale deed.
Q: Once the property is acquired through the tax sale, is there a redemption period before you can take possession?
There is no redemption period on property acquired through the tax auction. Once you receive the recorded absolute deed the property is yours. There is a 2 year period where the previous owner may protest the sale and during which title companies do not issue title insurance. If the prior owner collects the remainderment on the property their claim is void and the title company will issue title insurance with verification from the Treasurer’s office.
Q: Are investors permitted to make purchases at the tax sales without attending the tax sale (i.e. absentee bidding)?
No, all interested bidders must attend the sale. If a bidder is representing their company a letter of authorization must accompany the bidder.
Q: What happens to the properties that do not sell at the auction?
Properties that do not sell at the auction will be placed on the next Trustee auction.
Q: Do you maintain a mailing list of interested parties in the tax sales?
Yes, the Treasurer’s office maintains a mailing list of those parties that have paid a $5.00 fee to receive notices by mail of any tax sales for a period of 5 years. Click “here” for mail in form. A list of all Trustee parcels, subject to sale, is also available on our website, http://cltr.co.douglas.nv.us/ExhibitA.pdf . All parcels to be included in the auction will be posted to the website and published in a local newspaper 20 days prior to the sale date.
Q: Are copies of the State statutes regarding the tax sale available?
Copies of the Nevada Revised Statutes, pertaining to delinquent taxes, are available for review at the Douglas County Library and they are also available on the Internet at www.leg.state.nv.us.
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The above was provided as a service to our readers directly from the Douglas County Nevada Clerk/Assessor’s office. It is current as of February 7, 2012. Please do your own due diligence before relying on this information.