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Nevada Supreme Court rulings favor HOAs

/ Owner - July 27, 2017

The state Supreme Court on Thursday issued two rulings bolstering homeowners associations’ ability to sell houses through foreclosure.  Nevada’s highest court unanimously ruled that a 2014 decision upholding HOAs’ ability to foreclose ahead of mortgage lenders can be retroactively applied to foreclosures that took place before that ruling.  Separately, the seven-member panel also unanimously reversed a Clark County District Court’s decision to dismiss a lawsuit by a homebuyer who acquired a property through an HOA foreclosure and sued to wipe out the prior owners’ and lender’s rights to the house.    Read the article…………..

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