Nevada court decisions on HOA foreclosure crisis muddy the waters
Since September 2014, the lending industry has been scrambling to understand and reconcile the Nevada Supreme Court decision in SFR Investments Pool 1, LLC v. U.S. Bank, N.A., a decision that could potentially wash away billions of dollars of first lien interests across the state. However, recent decisions from the state and federal courts in Nevada—and expected decisions in the coming months—provide some hope to the industry that all is not yet lost. Read the article……….
Yogi Berra once said “it ain’t over ’till it’s over.” That statement perfectly describes the most recent decision to come
Fee Clause Interpretation/Homeowner Associations: HOA Not Entitled To Fee Recovery For Fiduciary Duty Victory Because Administration Of CC&Rs Fees Clause Doesn’t Cover Fiduciary Breach Claims
In Hoofman v. Pacific Crest Community Assn., Case No. B230036 (2d Dist., Div. 1 Apr. 16, 2013) (unpublished), an HOA
Encouraging Lenders to Foreclose: Don’t let your Condominium and HOA units sit vacant without collecting assessments
Even though the real estate market is gradually improving, condominium and homeowner communities are still faced with instances where a