REFinBlog

Editor: David Reiss
Brooklyn Law School

May 22, 2017

Monday’s Adjudication Roundup

By Jamila Moore

  • A Florida couple is unhappy. The Eleventh Circuit upheld a fine and probation sentence given to the couple by a lower district court. The initial ruling, stemmed from the couple’s failure to disclose an insurance company’s payout of a sink hole found on their property. Furthermore, the couple did not repair the sink hole with the funds received which added to the damage of their failure to disclose issue.
  • Wells Fargo Bank NA plead with the Supreme Court regarding a Nevada Lien Law. The Nevada law allows homeowner associations “seeking back dues in foreclosure” to receive lien priorities over lenders. The Ninth Circuit invalidated the law, and Wells Fargo Bank is hoping the U.S. Supreme Court will do the same.
  • The Department of Revenue failed in their attempt to tax rooftop solar panels. An appellate Arizona court recently “upheld the state law exempting rooftop solar panels from property tax valuations.”
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