We previously reported on the Nevada Supreme Court’s decision in SFR Investments Pool 1, LLC. v. U.S. Bank, N.A., holding that a homeowners association (HOA) lien is a true super-priority lien that upon foreclosure...more
7/26/2016
/ Banking Sector ,
Deed of Trust ,
Foreclosure ,
Homeowners Association (HOA) ,
Liens ,
Mortgage Lenders ,
Mortgages ,
NV Supreme Court ,
Retroactivity ,
Super Priority ,
US Bank National Association
For the past several years, Nevada courts have been flooded with quiet title actions between mortgage lenders and buyers who acquired residential properties at homeowners association (HOA) super-lien foreclosures. Recently,...more
The Nevada Legislature recently passed a bill intended, in part, to address issues resulting from the Nevada Supreme Court’s decision that a homeowners association lien is a true super-priority lien that, if foreclosed,...more
6/16/2015
/ Condominium Associations ,
Deed of Trust ,
Foreclosure ,
Governor Sandoval ,
Homeowners Association (HOA) ,
Lien Priority ,
Liens ,
Mortgage Lenders ,
Mortgages ,
New Legislation ,
NV Supreme Court ,
Super Priority ,
US Bank