Reading the Nevada Tea Leaves after Shadow Wood
In the wake of SFR Investments Pool 1, LLC v. U.S. Bank, N.A., in which the Nevada Supreme Court held that an HOA foreclosure sale may extinguish a first position deed of trust, lenders have advanced numerous arguments as to why the deed of trust in a particular case survived the sale. One such defense that has gained traction is the inadequacy of price doctrine. Read the article……….
In a unanimous decision, California’s Supreme Court has ruled that the principal architects for a condominium project may be sued
Three Poinciana homeowners filed a lawsuit Tuesday against the Association of Poinciana Villages, Avatar Properties and the Village One Association,
Oral arguments, Illinois Supreme Court, of a major case. The Appellate Court held that the duty to pay was not absolute.