Lien for Deferred Taxes
⇒ Purpose of Disclosure
If there are deferred taxes that have not been paid at the time the property is sold or transferred, the buyer must be notified in writing that there is a lien for deferred taxes on the property.
⇒ Who must provide the disclosure?
The seller must notify the buyer of the lien.
⇒ When is it due?
The lien must be disclosed at the time the property is sold or transferred.
⇒ Additional Information
The owner of the property on the date the deferred taxes become due is liable for the deferred taxes.
For more information:
NRS: 361A.290
If there are deferred taxes that have not been paid at the time a property is sold or transferred, the seller must notify the buyer in writing about the lien for deferred taxes. This disclosure must be made at the time of the property’s sale or transfer. The property owner on the date the deferred taxes become due is liable for paying these taxes.
If there are deferred taxes that have not been paid at the time a property is sold or transferred, the seller must notify the buyer in writing about the lien for deferred taxes. This disclosure must be made at the time of the property’s sale or transfer. The property owner on the date the deferred taxes become due is liable for paying these taxes.