Bank of America, N.A. v. Silver Terrace II Landscape Maintenance Association

CourtDistrict Court, D. Nevada
DecidedMarch 27, 2020
Docket3:16-cv-00714
StatusUnknown

This text of Bank of America, N.A. v. Silver Terrace II Landscape Maintenance Association (Bank of America, N.A. v. Silver Terrace II Landscape Maintenance Association) is published on Counsel Stack Legal Research, covering District Court, D. Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Bank of America, N.A. v. Silver Terrace II Landscape Maintenance Association, (D. Nev. 2020).

Opinion

2 3 UNITED STATES DISTRICT COURT 4 DISTRICT OF NEVADA 5 * * * 6 BANK OF AMERICA, N.A., Case No. 3:16-cv-00714-MMD-WGC ____ 7 Plaintiff, ORDER v. 8 SILVER TERRACE II LANDSCAPE 9 MAINTENANCE ASSOCIATION, et al., 10 Defendants. 11 12 I. SUMMARY 13 This dispute arises from a non-judicial foreclosure sale of real property located at 14 8975 Silverkist Drive, Reno, Nevada 89506 (“Property”) to satisfy a homeowners’ 15 association lien. Before the Court are: (1) Plaintiff Bank of America, N.A.’s (“BANA”) 16 motion for partial summary judgment on its quiet title/declaratory judgment claim (ECF No. 17 109); and (2) Defendant Silver Terrace II Landscape Maintenance Association’s (“HOA”) 18 motion for summary judgment on all claims BANA asserts against it (ECF No. 112)1. The 19 Court agrees with BANA that it properly tendered the superpriority lien amount to preserve 20 the first deed of trust and will accordingly grant BANA’s motion for partial summary 21 judgment. 22 II. RELEVANT BACKGROUND 23 The following facts are undisputed unless otherwise indicated.2 24 /// 25 1 The Court has reviewed the responses (ECF Nos. 113, 114, 115 (Defendant 26 Ravenstar Investments, LLC’s response)) and replies (ECF Nos. 119, 120) relating to these motions. 27 2The Court takes judicial notice of the publicly available records of the Washoe 28 County Recorder (ECF Nos. ECF Nos. 109-1–109-6, 109-8, 109-10, 109-11). 2 by a first deed of trust (“DOT”) against the Property in October 2006. (ECF No. 109-1.) 3 The DOT was assigned to Countrywide Bank, N.A. in 2006, to Countrywide Home Loans, 4 Inc. in 2007, to Countrywide Home Loan Servicing, LP in 2008, to the Secretary of Housing 5 and Urban Development in 2014, to Bayview Loan Servicing in 2014, and then to BANA 6 in 2017. (ECF Nos. 109-2, 109-3 (evidencing merger).) 7 The HOA recorded a notice of delinquent assessments and claim of lien for the 8 HOA’s assessments against the Property on June 7, 2011, through its agent, Kern & 9 Associates, Ltd (“Kern”). (ECF No. 109-4.) The HOA recorded a notice of default and 10 election to sell to satisfy the delinquent assessment lien against the Property on October 11 10, 2011. (ECF No. 109-5.) BANA subsequently requested a ledger from the HOA, through 12 its then agent Phil Frink & Associates (“Frink”), identifying the superpriority amount 13 allegedly owed to the HOA, and offering to pay the superpriority portion of the HOA’s lien. 14 (ECF No. 109-7 at 3, 6–7, 9.) The HOA, through its agent Kern, refused to provide a ledger 15 or identify the superpriority amount, and instead provided a letter, dated December 22, 16 2011, identifying a quarterly assessment amount of $99.00 and a total amount owing of 17 $2,654.45, as of December 21, 2011. (Id. at 3, 11.) The HOA’s letter said nothing about 18 nuisance or abatement charges. (See id.) Based on the $99.00 quarterly assessment 19 amount identified, BANA calculated the superpriority lien amount—the sum of nine- 20 months (three-quarters) of common assessments (see infra)—to be $297.00 and 21 delivered that amount to Kern on January 12, 2012. (Id. at 3, 13–15.) Kern rejected the 22 payment and proceeded to foreclose. (Id. at 4, 9; ECF No. 109-6.) 23 The HOA foreclosed on the Property on May 24, 2012 (“HOA Sale”), purchasing 24 the Property itself for $400.00. (ECF No. 109-8.) Defendant Ravenstar Investments, LLC 25 (“Ravenstar”) acquired the Property via a quitclaim deed from the HOA recorded on March 26 6, 2014. (ECF No. 109-10.) Ronald L. Brandon purportedly acquired an interest as the 27 beneficiary to a deed of trust from Ravenstar, recorded August 11, 2014. (ECF No. 109- 28 11.) 2 title/declaratory judgment against all Defendants (id. at 7–12); (2) Breach of NRS § 3 116.1113 against the HOA and its agents (Kern and Frink) (id. at 12–13); (3) wrongful 4 foreclosure against the same (id. at 14–15); and (4) injunctive relief against Ravenstar and 5 Brandon. 6 III. LEGAL STANDARD 7 “The purpose of summary judgment is to avoid unnecessary trials when there is no 8 dispute as to the facts before the court.” Nw. Motorcycle Ass’n v. U.S. Dep’t of Agric., 18 9 F.3d 1468, 1471 (9th Cir. 1994). Summary judgment is appropriate when the pleadings, 10 the discovery and disclosure materials on file, and any affidavits “show that there is no 11 genuine issue as to any material fact and that the moving party is entitled to a judgment 12 as a matter of law.” Celotex Corp. v. Catrett, 477 U.S. 317, 322 (1986). An issue is 13 “genuine” if there is a sufficient evidentiary basis on which a reasonable fact-finder could 14 find for the nonmoving party and a dispute is “material” if it could affect the outcome of the 15 suit under the governing law. Anderson v. Liberty Lobby, Inc., 477 U.S. 242, 248 (1986). 16 The moving party bears the burden of showing that there are no genuine issues of 17 material fact. Zoslaw v. MCA Distrib. Corp., 693 F.2d 870, 883 (9th Cir. 1982). Once the 18 moving party satisfies Rule 56’s requirements, the burden shifts to the party resisting the 19 motion to “set forth specific facts showing that there is a genuine issue for trial.” Anderson, 20 477 U.S. at 256. The nonmoving party “may not rely on denials in the pleadings but must 21 produce specific evidence, through affidavits or admissible discovery material, to show 22 that the dispute exists,” Bhan v. NME Hosps., Inc., 929 F.2d 1404, 1409 (9th Cir. 1991), 23 and “must do more than simply show that there is some metaphysical doubt as to the 24 material facts.” Orr v. Bank of Am., NT & SA, 285 F.3d 764, 783 (9th Cir. 2002) (quoting 25 Matsushita Elec. Indus. Co. v. Zenith Radio Corp., 475 U.S. 574, 586 (1986)). “The mere 26 existence of a scintilla of evidence in support of the plaintiff’s position will be insufficient.” 27 Anderson, 477 U.S. at 252. Moreover, a court views all facts and draws all inferences in 28 /// 2 Moore, Inc., 793 F.2d 1100, 1103 (9th Cir. 1986). 3 IV. DISCUSSION 4 The HOA makes arguments in its motion for summary judgment as well as its 5 response to BANA’s motion for partial summary judgment that the Court need not consider 6 because BANA’s tender preserved the DOT. (See ECF Nos. 112, 113.) The HOA takes 7 no substantive position concerning tender. (See id.) Accordingly, the Court considers only 8 BANA and Ravenstar’s arguments on the issue. 9 In several recent decisions, the Nevada Supreme Court effectively put to rest the 10 issue of tender. For example, in Bank of Am., N.A. v. SFR Invs. Pool 1, LLC, 427 P.3d 113 11 (Nev.), as amended on denial of reh’g (Nov. 13, 2018) (“Diamond Spur”), the Nevada 12 Supreme Court held “[a] valid tender of payment operates to discharge a lien or cure a 13 default.” Id. at 117, 121. And it reaffirmed that “that the superpriority portion of an HOA 14 lien includes only charges for maintenance and nuisance abatement, and nine months of 15 unpaid assessments.” Id. at 117. More recently, the Nevada Supreme Court held that an 16 offer to pay the superpriority amount coupled with a rejection of that offer discharges the 17 superpriority portion of the HOA’s lien, even if no money changed hands. See Bank of 18 America, N.A. v. Thomas Jessup, LLC Series VII, 435 P.3d 1217, 1218 (Nev. 2019).

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Bank of America, N.A. v. Silver Terrace II Landscape Maintenance Association, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bank-of-america-na-v-silver-terrace-ii-landscape-maintenance-nvd-2020.