High Stakes In Nev.'s Lender Vs. HOA Fight

Law360, New York ( April 30, 2014, 12:34 PM EDT) -- It is hard to imagine that a lender's first position deed of trust on a residence worth hundreds of thousands of dollars could be extinguished by a homeowners association lien for overdue neighborhood assessments, usually no more than a few thousand dollars. But, this exact scenario is playing out across Nevada, and has been the subject of contentious litigation that has flooded state and federal court dockets for more than a year....

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