Bank of America, N.A. v. Valley View Meadows Homeowners Association, Inc. et al

Filing 80

ORDER Granting 79 Stipulation of Final Judgment and Quiet Title. Signed by Judge James C. Mahan on 11/27/2018. (Copies have been distributed pursuant to the NEF - MR)

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1 2 3 4 5 6 7 8 MELANIE D. MORGAN, ESQ. Nevada Bar No. 8215 JARED M.SECHRIST, ESQ. Nevada Bar No. 10439 AKERMAN LLP 1635 Village Center Circle, Suite 200 Las Vegas, Nevada 89134 Telephone: (702) 634-5000 Facsimile: (702) 380-8572 Email: melanie.morgan@akerman.com Email: jared.sechrist@akerman.com Attorneys for plaintiff and counter-defendant Bank of America, N.A., successor by merger to BAC Home Loans Servicing, LP fka Countrywide Home Loans Servicing LP 9 UNITED STATES DISTRICT COURT AKERMAN LLP 1635 Village Center Circle, Suite 200 LAS VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 10 DISTRICT OF NEVADA 11 12 13 BANK OF AMERICA, N.A., successor by merger to BAC HOME LOANS SERVICING, LP FKA COUNTRYWIDE HOME LOANS SERVICING LP, 14 Case No.: 2:16-cv-00275-JCM-CWH STIPULATION AND ORDER OF FINAL JUDGMENT AND QUIET TITLE Plaintiff, 15 vs. 16 VALLEY VIEW MEADOWS HOMEOWNERS ASSOCIATION, INC.; NEVADA ASSOCIATION SERVICES, INC.; PREMIER ONE HOLDINGS, INC.; and LIN & YEH, INC., 17 18 19 Defendants. PREMIER ONE HOLDINGS, INC., 20 Counterclaimant, 21 vs. 22 BANK OF AMERICA, N.A., successor by merger to BAC HOME LOANS SERVICING, LP FKA COUNTRYWIDE HOME LOANS SERVICING LP; DOES 1 through 10; and ROE CORPORATIONS 1 through 10, INCLUSIVE, 23 24 Counter-defendants. 25 26 Plaintiff and counter-defendant Bank of America, N.A., successor by merger to BAC Home 27 Loans Servicing, LP f/k/a Countrywide Home Loans Servicing, LP (BANA), defendant Valley View 28 Meadows Homeowners Association, Inc. (Valley View), defendant and counterclaimant Premier One 1 44894595;1 1 Holdings, Inc. (Premier One), defendant Lin & Yeh, Inc. (Lin), and defendant Nevada Association 2 Services, Inc. stipulate as follows: 3 4 1. This matter relates to real property located at 913 High Mountain Street, Henderson, Nevada 89015, more specifically described as: 5 LOT TWENTY-THREE (23) IN BLOCK FOUR (4) OF VALLEY VIEW MEADOWS, AS SHOWN BY MAP THEREOF ON FILE IN BOOK 67 OF PLATS, PAGE 75, IN THE OFFICE OF THE COUNTY RECORDER OF CLARK COUNTY, NEVADA, 6 7 A.P.N. No. 179-21-212-053 (the property). 8 2. BANA is the beneficiary of record of a deed of trust encumbering the property dated 9 February 10, 2009 and recorded with the Clark County Recorder on February 25, 2009, as Instrument AKERMAN LLP 1635 Village Center Circle, Suite 200 LAS VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 10 No. 20090225-0004003 (the deed of trust). 11 3. Valley View recorded a foreclosure deed dated March 8, 2013 with the Clark County 12 Recorder on March 11, 2013, as Instrument No. 201303110003440 (HOA foreclosure deed), 13 reflecting Valley View sold the property to Premier One at a foreclosure sale on March 8, 2013 (the 14 HOA sale). 15 4. Lin was the beneficiary of record of two short form deeds of trust recorded against the 16 property: (1) a short form deed of trust with assignment of rents dated October 22, 2013 and recorded 17 with the Clark County Recorder on August 12, 2014, as Instrument No. 20140812-0001455, and (2) a 18 short form deed of trust with assignment of rents dated October 22, 2013 and recorded with the Clark 19 County Recorder on August 12, 2014, as Instrument No. 20140812-0001457 (collectively, the short 20 form deeds of trust). 21 5. The parties have entered into a confidential settlement agreement in which they have 22 settled all claims between them in this case. 23 6. Premier One has transferred all interest it acquired as a result of the HOA sale and 24 HOA foreclosure deed to BANA, as the quitclaim deed attached as Exhibit A reflects. 25 7. Lin has reconveyed the short form deeds of trust, as the full reconveyances attached as 26 Exhibit B reflect. 27 /// 28 2 44894595;1 1 8. The parties agree title to the property is quieted in BANA's favor. Premier One and Lin 2 disclaim all right, title or interest in the Property as a result of the HOA sale, HOA foreclosure deed 3 and short form deeds of trust. 4 5 This the 20th day of November, 2018. This the 20th day of November, 2018. AKERMAN LLP BOYACK ORME & ANTHONY /s/ Jared M. Sechrist, Esq. MELANIE D. MORGAN, ESQ. Nevada Bar No. 8215 JARED M. SECHRIST, ESQ. Nevada Bar No. 10439 1635 Village Center Circle, Suite 200 Las Vegas, Nevada 89134 /s/ Michael Van Luven, Esq. EDWARD D. BOYACK, ESQ. Nevada Bar No. 5229 MICHAEL VAN LUVEN, ESQ. Nevada Bar No. 13975 COLLI C. MCKIEVER, ESQ. Nevada Bar. No. 13724 7432 W. Sahara Avenue Las Vegas, Nevada 89117 6 7 8 9 AKERMAN LLP 1635 Village Center Circle, Suite 200 LAS VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 10 11 12 Attorneys for Bank of America, N.A., successor by merger to BAC Home Loans Servicing, LP f/k/a Countrywide Home Loans Servicing LP 13 Attorneys for Valley View Meadows Homeowners Association 14 This the 20th day of November, 2018. This the 20th day of November, 2018. 16 HONG & HONG NEVADA ASSOCIATION SERVICES, INC. 17 /s/ Joseph Y. Hong, Esq. JOSEPH Y. HONG, ESQ. Nevada Bar No. 5995 10781 West Twain Avenue Las Vegas, Nevada 89135 /s/ Brandon E. Wood, Esq. BRANDON E. WOOD, ESQ. 6625 S. Valley View Blvd., Suite 300 Las Vegas, NV 89118 15 18 19 20 21 Attorney for Nevada Association Services, Inc. Attorneys for Premier One Holdings, Inc. and Lin & Yeh, Inc. 22 23 24 25 26 27 28 3 44894595;1 ORDER 1 Based on the above stipulation between plaintiff and counter-defendant Bank of America, 2 3 4 5 6 7 N.A., successor by merger to BAC Home Loans Servicing, LP f/k/a Countrywide Home Loans Servicing, LP (BANA), defendant Valley View Meadows Homeowners Association, Inc. (Valley View), defendant and counterclaimant Premier One Holdings, Inc. (Premier One), defendant Lin & Yeh, Inc. (Lin), and defendant Nevada Association Services, Inc. (NAS), and good cause appearing therefore, IT IS ORDERED title to the real property located at 913 High Mountain Street, Henderson, 8 9 Nevada 89015, A.P.N. No. 179-21-212-053 is quieted in BANA's favor. IT IS FURTHER ORDERED BANA shall be entitled to record this stipulation and order with AKERMAN LLP 1635 Village Center Circle, Suite 200 LAS VEGAS, NEVADA 89134 TEL.: (702) 634-5000 – FAX: (702) 380-8572 10 11 the Clark County Recorder, in accordance with the recorder's rules. IT IS FURTHER ORDERED all claims in this case are dismissed with prejudice, each party to 12 13 bear its own attorneys' fees and costs. This is the final judgment of the court. Trial scheduled for December 3, 2018, is hereby VACATED. 14 _______________________________________ UNITED STATES DISTRICT COURT JUDGE November 27, 29018 DATED: _______________________________ 15 16 17 18 SUBMITTED BY: 19 AKERMAN LLP 20 /s/ Jared M. Sechrist, Esq. MELANIE D. MORGAN, ESQ. Nevada Bar No. 8215 JARED M. SECHRIST, ESQ. Nevada Bar No. 10439 1635 Village Center Circle, Suite 200 Las Vegas, Nevada 89134 21 22 23 24 25 26 Attorneys for Bank of America, N.A., successor by merger to BAC Home Loans Servicing, LP f/k/a Countrywide Home Loans Servicing LP 27 28 4 44894595;1

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