Saticoy Bay LLC Series 3123 Inlet Bay v. Nationstar Mortg., LLC

429 P.3d 1257
CourtNevada Supreme Court
DecidedNovember 19, 2018
DocketNo. 71576
StatusPublished

This text of 429 P.3d 1257 (Saticoy Bay LLC Series 3123 Inlet Bay v. Nationstar Mortg., LLC) is published on Counsel Stack Legal Research, covering Nevada Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Saticoy Bay LLC Series 3123 Inlet Bay v. Nationstar Mortg., LLC, 429 P.3d 1257 (Neb. 2018).

Opinion

This is an appeal from a district court order granting summary judgment in an action to quiet title. Eighth Judicial District Court, Clark County; Jessie Elizabeth Walsh, Judge. Reviewing the summary judgment de novo, Wood v. Safeway, Inc ., 121 Nev. 724, 729, 121 P.3d 1026, 1029 (2005), we affirm.

The district court correctly determined that respondent Nationstar's predecessor cured the default as to the superpriority portion of the HOA's lien by tendering $1,524 to the HOA's agent, which undisputedly exceeded 9 months of assessments. See Horizons at Seven Hills Homeowners Ass'n v. Ikon Holdings, LLC, 132 Nev. 362, 373, 373 P.3d 66, 72 (2016) ("[A] superpriority lien pursuant to NRS 116.3116(2) [ (2009) ] ... is limited to an amount equal to nine months of common expense assessments.").1 The tender of the defaulted superpriority portion of the HOA's lien cured the default as to that portion of the lien such that the ensuing foreclosure sale did not extinguish the first deed of trust. Bankof America, N.A. v. SFR Investments Pool 1, LLC, 134 Nev., Adv. Op. 72, 427 P.3d 113 (2018). Although appellant contends that Nationstar's predecessor needed to record evidence of the tender and that appellant is protected as a bona fide purchaser, we recently rejected similar arguments. Id. at 119-121.2 Accordingly, the district court correctly determined that appellant took title to the property subject to the first deed of trust. We therefore

ORDER the judgment of the district court AFFIRMED.

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Related

Old Aztec Mine, Inc. v. Brown
623 P.2d 981 (Nevada Supreme Court, 1981)
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262 P.3d 705 (Nevada Supreme Court, 2011)
Wood v. Safeway, Inc.
121 P.3d 1026 (Nevada Supreme Court, 2005)
Bank of Am., N.A. v. SFR Invs. Pool 1, LLC
427 P.3d 113 (Nevada Supreme Court, 2018)

Cite This Page — Counsel Stack

Bluebook (online)
429 P.3d 1257, Counsel Stack Legal Research, https://law.counselstack.com/opinion/saticoy-bay-llc-series-3123-inlet-bay-v-nationstar-mortg-llc-nev-2018.