On Wednesday, the Nevada State Supreme Court will decide what happens to thousands of properties around the state in a case that pits homeowner associations (HOA's) against banks.
The case listing, number 62528, seems simple on it's face: A home owner couldn't pay his mortgage, or his HOA dues, and when the bank foreclosed, the HOA filed a lien against the home. While this particular case focuses on one HOA and one bank, the scenario has played out thousands of times in Nevada as the state went through the Great Recession.
We talk about the bigger issues around foreclosures, and community and property ownership facing the Nevada Supreme Court.
Michael Buckley, Attorney Fennemore Craig Jones Vargas