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

429 P.3d 1257
Nevada Supreme Court·Decided November 19, 2018·No. No. 71576·Published

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.

Footnotes

Free access — add to your briefcase to read the full text and ask questions with AI

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

429 P.3d 1257 (Saticoy Bay LLC Series 3123 Inlet Bay v. Nationstar Mortg., LLC) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Old Aztec Mine, Inc. v. Brown
623 P.2d 981 (Nevada Supreme Court, 1981)
Francis v. Wynn Las Vegas, LLC
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)