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Reading the Nevada Tea Leaves after Shadow Wood

/ Owner - April 18, 2016

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……….

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