Nevada Supreme Court Affirms Summary Judgment Ruling In Quiet Title Suit

Mealey's (May 19, 2021, 1:29 PM EDT) -- CARSON CITY, Nev. — A Nevada Supreme Court panel on May 14 ruled that consistent with its recent holdings, arguments made on appeal by a purchaser of property in a homeowners association (HOA) foreclosure sale are not in line with the high court’s precedent and a trial court did not err ruling that the foreclosure sale “did not extinguish the first deed of trust because” the Federal National Mortgage Association (Fannie Mae) was the owner of the secured loan “at the time of the foreclosure sale.”...