How Nevada SB 306 and Court Rulings Have Changed the Foreclosure Landscape

SB 306 contained a number of important revisions to Nevada’s super-priority lien statute that will provide protection to first lien holders for any HOA lien foreclosure sale noticed for sale after October 1, 2015. Chief among the revisions, the new revised super-priority statute requires an HOA or its agent to provide specific notice of the HOA lien sale to a first lien holder.     Read the article………..