Learn About the Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR BAFC 2006-I, a National Association, Appellant, v. SFR INVESTMENTS POOL 1, LLC, a Nevada Limited Liability Company, Respondent.
ORDER OF AFFIRMANCE
This is an appeal from a district court order granting summary judgment in an action to quiet title. Eighth Judicial District Court, Clark County; Mark B. Bailus, Judge. Reviewing the summary judgment de novo, Wood v. Safeway, Inc., 121 Nev. 724, 729, 121 P.3d 1026, 1029 (2005), we affirm.1
In SFR Investments Pool 1, LLC v. U.S. Bank, N.A., 135 Nev., Adv. Op. 45, at 7 (2019), this court recognized generally that obtaining a retroactive annulment of a bankruptcy stay validates acts that would otherwise have been void. Accordingly, the district court here correctly determined that the retroactive annulment of the bankruptcy stay validated the foreclosure notices that may have otherwise been issued in violation of the stay. The district court therefore correctly determined that the HOA foreclosure sale complied with NRS Chapter 116 and was effective to extinguish appellant's first deed of trust. Although appellant suggests that issuing the foreclosure notices in violation of the automatic stay is sufficient to set aside the sale on equitable grounds, SFR Investments rejected that same argument, reasoning that issuing foreclosure notices in violation of the automatic stay, in and of itself, is not sufficient evidence of fraud, unfairness, or oppression to justify setting aside the sale on equitable grounds. Id. at 9. The district court in this case expressly found that appellant presented no evidence of fraud, unfairness, or oppression, and appellant has not identified any such evidence in the record. Accordingly, we
ORDER the judgment of the district court AFFIRMED.2
FOOTNOTES
1. Pursuant to NRAP 34(f)(1), we have determined that oral argument is not warranted in this appeal.
2. The Honorable Michael Douglas, Senior Justice, participated in the decision of this matter under a general order of assignment.
Thank you for your feedback!
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes visit FindLaw's Learn About the Law.
Docket No: No. 76066
Decided: October 24, 2019
Court: Supreme Court of Nevada.
Search our directory by legal issue
Enter information in one or both fields (Required)
Harness the power of our directory with your own profile. Select the button below to sign up.
Learn more about FindLaw’s newsletters, including our terms of use and privacy policy.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)