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SATICOY BAY v. THORNBURG MORTG. SEC. TRUST

No. 80111.

510 P.3d 139 (2022)

138 Nev. Adv. Opn. 35

SATICOY BAY, LLC, SERIES 34 INNISBROOK, Appellant, v. THORNBURG MORTGAGE SECURITIES TRUST 2007-3; Frank Timpa; Madelaine Timpa; Timpa Trust; Red Rock Financial Services, LLC; Spanish Trail Master Association; Republic Services; and Las Vegas Valley Water District, Respondents.

Supreme Court of Nevada.

FILED May 26, 2022.

Attorney(s) appearing for the Case

Roger P. Croteau & Associates, Ltd., and Roger P. Croteau , Las Vegas, for Appellant Saticoy Bay, LLC, Series 34 Innisbrook.

Kravitz Schnitzer Johnson Watson & Zeppenfeld, Chtd., and Gary E. Schnitzer , Las Vegas; Troutman Pepper LLP and Aaron D. Lancaster , Atlanta, Georgia, for Respondent Thornburg Mortgage Securities Trust 2007-3.

Gregory J. Walch , Las Vegas, for Respondent Las Vegas Valley Water District.

Koch & Scow LLC and David R. Koch and Steven B. Scow , Henderson, for Respondent Red Rock Financial Services, LLC.

Leach Kern Gruchow Anderson Song and Sean L. Anderson and Ryan D. Hastings , Las Vegas, for Respondent Spanish Trail Master Association.

Avalon Legal Group LLC and Bryan Naddafi and Elena Nutenko , Las Vegas; The Law Office of Travis Akin and Travis D. Akin , Las Vegas, for Respondents Frank Timpa, Madelaine Timpa, and Timpa Trust.

Williams Starbuck and Drew J. Starbuck and Donald H. Williams , Las Vegas, for Respondent Republic Services.

Hanks Law Group and Karen L. Hanks and Chantel M. Schimming , Las Vegas, for Amicus Curiae SFR Investments Pool 1, LLC.

BEFORE THE SUPREME COURT, EN BANC.

OPINION

The Great Recession of 2008 brought with it a wave of foreclosures. This case stems from a quiet title action involving one of those foreclosed properties located in a homeowner's association (HOA) community and sold by the HOA to a subsequent purchaser at a foreclosure sale. In the alternative...

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