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Wells Fargo Bank, N.A. v. Sfr Inv.'s Pool 1, LLC
67489
Nev.
Mar 18, 2016
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Case Information

*1

IN THE SUPREME COURT OF THE STATE OF NEVADA

WELLS FARGO BANK, N.A., A NATIONAL BANKING ASSOCIATION, Appellant, vs. SFR INVESTMENTS POOL 1, LLC, A NEVADA LIMITED LIABILITY COMPANY, Respondent.

No. 67489

FILED

MAR 182016 TRACIE v. UNDEMAN CLERS OF SUPREME COURT BY 0 0 · 1 1 · 1 2 · 1 3 · 1 4 · 1 5 DEPUTY CLERK 8

ORDER OF REVERSAL AND REMAND

This is an appeal from a district court order granting a motion to dismiss in a quiet title action. Eighth Judicial District Court, Clark County; Douglas Smith, Judge.

The allegations in appellant's amended complaint, if accepted as true, may provide one or more bases under existing law as to why the foreclosure sale did not extinguish appellant's deed of trust. See Buzz Stew, LLC v. City of N. Las Vegas, 124 Nev. 224, 227-28, 181 P.3d 670, 672 (2008); Nev. State Bank v. Jamison Family P'ship, 106 Nev. 792, 801, 801 P.2d 1377, 1383 (1990); see also Shadow Wood Homeowners Ass'n v. N.Y. Cmty. Bancorp, Inc., 132 Nev., Adv. Op. 5, P.3d (2016); SFR Invs. Pool 1, LLC v. U.S. Bank, N.A., 130 Nev., Adv. Op. 75, 334 P.3d 408 (2014). The district court therefore erred in dismissing appellant's

*2 original complaint and denying appellant leave to file its amended complaint. [1] Accordingly, we

ORDER the judgment of the district court REVERSED AND REMAND this matter to the district court for proceedings consistent with this order.

cc: Hon. Douglas Smith, District Judge Wolfe &; Wyman LLP Kim Gilbert Ebron Eighth District Court Clerk [1] Although appellant sought leave to file the amended complaint, it does not appear from the record that appellant was required to do so. Costello v. Casler, 127 Nev. 436, 439 n.2, 254 P.3d 631, 633 n. 2 (2011).

Case Details

Case Name: Wells Fargo Bank, N.A. v. Sfr Inv.'s Pool 1, LLC
Court Name: Nevada Supreme Court
Date Published: Mar 18, 2016
Docket Number: 67489
Court Abbreviation: Nev.
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