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.
McGrady, Michael, "Anthony S. Noonan IRA, LLC v. U.S. Bank, 136 Nev. Adv. Op. 41 (July 9, 2020)" (2020). Nevada Supreme Court Summaries. 1336.