In the ‘Shadow Wood’ of SFR: Nevada Supreme Court Weighs in on Lender HOA Challenges

In a September 2014 ruling, the Nevada Supreme Court jolted the lending community by holding that a homeowners association’s (HOA) non-judicial foreclosure sale can extinguish a mortgage lender’s previously-recorded first deed of trust on a property if that foreclosure is to recover assessments categorized as super priority amounts   Read the article……….


Tags assigned to this article:
collectionsHOANevada

Related Articles

The Doctrine of Accord and Satisfaction

Should you or should you not accept a payment for less that the full amount owed when it is indicated

Wave of Appellate Opinions on Association Assessments Owed by Foreclosing Lenders Create Roadmap for Practitioners (FL)

In July, the Fifth District Court of Appeal issued an opinion in Central Park A Metrowest Condominium Assoc., Inc. v.

Nevada lawmakers aim to delegate HOA disputes to lower level

Lawmakers who say they’re tired of deciding landscaping, parking and trash can disputes are trying to delegate homeowner association legislation