Wells Fargo Bank, N.A. et al v. Residential Land Corporation of Nevada et al

Filing 26

ORDER granting ECF No. 25 Stipulation for Dismissal without Prejudice of The Meadows Homeowners Association. Signed by Judge Larry R. Hicks on 4/3/2018. (Copies have been distributed pursuant to the NEF - KW)

Case 3:17-cv-00324-LRH-WGC Document 25 Filed 04/03/18 Page 1 of 3

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Jeffrey Willis, Esq. (NV Bar No. 4797)
Nathan G. Kanute, Esq. (NV Bar No. 12413)
Snell & Wilmer L.L.P.
50 West Liberty Street, Suite 510
Reno, NV 89501-1961
Telephone: [phone]
Facsimile: [phone]
Email: [e-mail]
[e-mail]
Attorneys for Plaintiffs Nationstar Mortgage LLC and
Federal National Mortgage Association

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UNITED STATES DISTRICT COURT

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DISTRICT OF NEVADA

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NATIONSTAR MORTGAGE LLC;
FEDERAL NATIONAL MORTGAGE
ASSOCIATION,

Snell & Wilmer

L.L.P.
LAW OFFICES
50 West Liberty Street, Suite 510
Reno, Nevada 89501
775-785-5440

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Plaintiff,

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vs.

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Case No. 3:17-cv-00324-LRH-WGC
ORDER APPROVING
STIPULATION AND ORDER FOR
DISMISSAL WITHOUT PREJUDICE
OF THE MEADOWS HOMEOWNERS
ASSOCIATION

RESIDENTIAL LAND CORPORATION OF
NEVADA; LVDG LLC SERIES 107; THE
MEADOWS HOMEOWNERS
ASSOCIATION,

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Defendants.
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This Stipulation and Order for Dismissal without Prejudice of the Meadows Homeowners

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Association (“Stipulation”) is entered into as of the date below by and between Nationstar

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Mortgage LLC (“Nationstar”) and Federal National Mortgage Association (“Fannie Mae”) and

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Defendant the Meadows Homeowners Association (“HOA”), by and through their respective

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counsel of record. The parties hereby stipulate and agree as follows:

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WHEREAS, the above-captioned action concerns an NRS 116 foreclosure sale involving

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that real property in Washoe County, Nevada with APN 160-331-19, commonly known as 1207

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Tule Drive, Reno, Nevada 89521 (the “Property”);

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WHEREAS, Nationstar’s predecessor-in-interest and Fannie Mae filed this action on May
22, 2017 and Nationstar alleges several causes of action against the HOA;
WHEREAS, the HOA has filed its Answer on July 5, 2017; and

4835-7706-3774.3

Case 3:17-cv-00324-LRH-WGC Document 25 Filed 04/03/18 Page 2 of 3

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WHEREAS, the HOA disclaims any interest in the Property other than its ongoing rights

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under Nevada law, including NRS 116, and the governing documents, including the Covenants,

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Conditions and Restrictions (“CC&Rs”).

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NOW, THEREFORE, IT IS HEREBY STIPULATED AND AGREED that:

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1.

The Complaint can be dismissed without prejudice as to the HOA only, with each

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party to bear their own fees and costs, and any written discovery pending by and between

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Nationstar, or its predecessor-in-interest, Fannie Mae, and the HOA is deemed withdrawn.

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2.

the HOA may allege have expired since the Complaint was filed on May 22, 2017 to the date of
this Stipulation, shall be tolled until this litigation is fully and finally resolved.

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3.

The Parties reserve any and all rights, privileges, and defenses under applicable

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4.

The Parties agree that the HOA may be removed from the caption of this matter.

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Wherefore, the undersigned request this Court enter an Order granting the above

L.L.P.
LAW OFFICES
50 West Liberty Street, Suite 510
Reno, Nevada 89501
775-785-5440

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Snell & Wilmer

Any statute of limitations for the causes of action asserted against the HOA, which

law.

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stipulation.

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DATED this 3rd day of April, 2018.

DATED this 3rd day of April, 2018.

WILSON ELSER

SNELL & WILMER L.L.P.

By:

By:

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/s/ I-Che Lai (with permission)
I-Che Lai, Esq.
Nevada Bar No. 012247
300 South 4th Street, 11th Floor
Las Vegas, Nevada 89101
Telephone: [phone]
Facsimile: [phone]
Attorneys for The Meadows Homeowners
Association

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/s/ Nathan Kanute
Jeffrey Willis, Esq.
Nevada Bar No. 4797
Nathan G. Kanute, Esq.
Nevada Bar No. 12413
50 West Liberty Street, Suite 510
Reno, Nevada 89501
Attorneys for Nationstar Mortgage LLC
and Federal National Mortgage
Association

IT IS SO ORDERED

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DATED: 4/3/18

UNITED STATES DISTRICT COURT JUDGE

-24835-7706-3774.3