Title: Lakes v. U.S. Bank Trust
Citation: 137 Nev. Adv. Op. No. 85
Docket Number: 
State: Nevada
Issuer: Nevada Supreme Court
Date: December 30, 2021

Lakes v. U.S. Bank Trust Annotate this Case Justia Opinion Summary The Supreme Court affirmed the judgment of the district court quieting title in favor of Respondent, the first deed-of-trust beneficiary in this case, holding that the district court properly quieted title in Respondent's favor. A homeowners' association foreclosed its lien on the subject property. The property was eventually transferred to Appellant by deed expressly providing that Appellant's interest was subject to any claims, encumbrances, or liens. U.S. Bank Trust, the assignee of the first deed of trust, sought to quiet title. The district court concluded that Appellant took title to the property subject to U.S. Bank Trust's first deed of trust and that the foreclosure sale did not extinguish the first deed of trust under the circumstances. The Supreme Court affirmed, holding that the district court properly concluded that U.S. Bank Trust may enforce its deed-of-trust lien in accordance with Nev. Rev. Stat. 106.210. Read more Want to stay in the know about new opinions from the Supreme Court of Nevada? Sign up for free summaries delivered directly to your inbox. Learn More › You already receive new opinion summaries from Supreme Court of Nevada. Did you know we offer summary newsletters for even more practice areas and jurisdictions? Explore them here . Opinion Annotation Download PDF Primary Holding The Supreme Court affirmed the district court's summary judgment quieting title in favor of Respondent, the first deed-of-trust beneficiary in this case, holding that the court properly quieted title in Respondent's favor. Disclaimer: Justia Annotations is a forum for attorneys to summarize, comment on, and analyze case law published on our site. Justia makes no guarantees or warranties that the annotations are accurate or reflect the current state of law, and no annotation is intended to be, nor should it be construed as, legal advice. Contacting Justia or any attorney through this site, via web form, email, or otherwise, does not create an attorney-client relationship. Lakes v. U.S. Bank Trust Primary Holding The Supreme Court affirmed the district court's summary judgment quieting title in favor of Responde... Read the full annotations for this case. Webinars You Might Like: Please visit individual webinar pages for more information about CLE accreditation.