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BANK OF NEW YORK v. ARIZONA HOA ACCEPTANCE

No. 1 CA-CV 14-0836.

369 P.3d 259 (2016)

The BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION, fka The Bank of New York Trust Company, N.A., successor to JPMorgan Chase Bank NA, as Trustee for Ramp 2006, Plaintiff/Appellee, v. ARIZONA HOA ACCEPTANCE LLC, Defendant/Appellant.

Court of Appeals of Arizona, Division 1.

March 17, 2016.

Attorney(s) appearing for the Case

Law Offices of David L. Knapper By David L. Knapper , Phoenix, Co-Counsel for Defendant/Appellant.

Clark Hill PLC By Mark S. Sifferman , Scottsdale, Co-Counsel for Defendant/Appellant.

Wright, Finlay & Zak LLP By Kim R. Lepore , Jamin S. Neil , Scottsdale, Counsel for Plaintiff/Appellee.

Judge PATRICIA K. NORRIS delivered the opinion of the Court, in which Presiding Judge JON W. THOMPSON and Judge MAURICE PORTLEY joined.

OPINION

¶ 1 The issue in this appeal is whether Arizona's redemption statutes grant the holder of a homeowners' association assessment lien the right to redeem residential real property following the mortgage foreclosure sale of that property. We hold they do.

FACTS AND PROCEDURAL BACKGROUND

¶...

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