Current Nevada Law: Subject to Verification
This article discusses Nevada title, deed, foreclosure, property-tax and HOA law under current Nevada law as of the last reviewed date, and it is subject to change. Nevada deed-of-trust foreclosure procedures are governed primarily by NRS Chapter 107; Nevada common-interest-community (HOA) lien and foreclosure law is governed primarily by NRS Chapter 116. Statutes, deadlines, procedures and remedies change. Always verify current Nevada law and the specific facts of your situation with a qualified Nevada attorney and title professional before acting.
This Surprises Homeowners
A homeowner may say their mortgage is current. That does not necessarily resolve an HOA delinquency. The HOA obligation is separate.
How Does It Start?
Potentially with unpaid assessments, authorized charges, or collection amounts. Specific lien amounts and foreclosure rights depend on Nevada law and the governing circumstances.
Why You Should Not Ignore Notices
HOA enforcement can progress. Additional collection fees, legal expenses, and notice costs may accumulate.
If You Dispute the HOA
A dispute is not a reason to ignore the notice. Request the ledger, assessment history, notices, and governing documents, and seek legal help where appropriate.
Can You Sell?
Potentially, yes. If sufficient equity exists, the HOA obligation may potentially be resolved through closing. But selling does not automatically stop an active foreclosure.
Lisa's Role
Lisa can help quickly determine market value, likely sale proceeds, timing, and whether a traditional sale may be practical.
