Document Type
Case Summary
Publication Date
1-26-2017
Recommended Citation
Barker, Julia, "Saticoy Bay, LLC. v. Wells Fargo Home Mortgage, 133 Nev., Adv. Op. 5 (Jan. 26, 2017)" (2017). Nevada Supreme Court Summaries. 1020.
https://scholars.law.unlv.edu/nvscs/1020
COinS
Comments
The Court determined that (1) Nevada’s superiority lien statutes in NRS 116.3116‑.31168 do not implicate due process when an homeowners’ association (HOA) conducts a nonjudicial foreclosure sale; and (2) that extinguishing a subordinate deed of trust through the same foreclosure sale is not a government taking, thus the statute does not violate the Takings Clauses of both the United States and Nevada Constitutions.