Superlien law heads to state Supreme Court (NV)

As many of my readers know, a number of disputed legal issues that pertain to the nine-month superlien law are slowly heading toward the Nevada Supreme Court. Questions such as, does the law exclude late fees, interest and collection costs? Are the associations entitled to receive the nine months of back assessments and late fees, interest and collections costs? Does a foreclosure sale conducted by a homeowner association to collect unpaid assessments extinguish all junior liens, including a first deed of trust (the mortgage)?     Read more……


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