Lenders’ new right to redeem after Nevada HOA foreclosure sales

Beginning October 1, 2015, lenders in Nevada will have a much-needed right to redeem properties sold at homeowners association (HOA) foreclosure sales for pennies on the dollar. Specifically, lenders and homeowners will have 60 days to redeem properties sold at HOA foreclosure sales—enabling lenders to recoup properties securing hefty deeds-of-trust.   Read the article…………


Related Articles

Top 10 condo law cases of 2014 (Canada)

Happy New Year.  Our picks for the top 10 condo law cases of 2014 is an all-Ontario batch, with half

AB 2273: Resecuring HOA Assessment Streams from Foreclosed Properties

Homeowners Association (“HOA”) Boards and industry professionals are keenly aware of the financial impact that the economic downturn has had

State (MI) Legislature considers change to condo laws

On September 10, 2015, representative Michael McCready introduced House Bill 4861, which would modify the Condominium Act, MCL 559.101, et.