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Nevada, Tennessee consider HOA lien legislation
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Court Report, Legislative Developments
Friday, April 24, 2015
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Last year, courts in Washington, D.C., and Nevada made headlines for upholding a law that before now had been relatively unchallenged in these or other states in the country. The laws at issue allowed homeowners’ associations in each jurisdiction to have super-priority over even first deeds of trust, and even extinguish those mortgages. Now Nevada is looking to clarify its law, while another state, Tennessee, is looking to establish its own Homeowners Association Act.
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