Anthony S. Noonan IRA, LLC v. U.S. Bank, 136 Nev. Adv. Op. 41 (July 9, 2020)

Abstract

In an opinion drafted by Justice Silver, the Nevada Supreme Court considered whether a Homeowner’s Association (“HOA”) lien under NRS. § 116.3116 can include the entire amount of a yearly assessment as a superpriority debt. The Court concluded that a yearly assessment that became due in the nine months preceding the HOA’s notice of delinquent assessments is entitled to superpriority status in its entirety

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