Nevada Supreme Court
Deutsche Bank Nat'l Tr. Co. v. Collegium Fund LLC Ser. 16
January 8, 2026142 Nev. Adv. Op. No. 1
Summary
The Nevada Supreme Court reversed a quiet-title judgment that extinguished a bank's first deed of trust after an HOA foreclosure sale. It held that the homeowner's payments must be applied first to the foreclosing HOA's superpriority lien, converting the foreclosure into a subpriority-lien foreclosure, and that no payment to the separate, non-foreclosing HOA was required for that conversion. Because the foreclosing lien was junior to the deed of trust, the buyer took the property subject to the deed of trust.