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DEUTSCHE BANK NATIONAL TRUST COMPANY v. SEVEN HILLS MASTER COMMUNITY ASSOCIATION, 2:15-CV-01373-APG-NJK. (2016)

Court: District Court, D. Nevada Number: infdco20160119a29 Visitors: 1
Filed: Jan. 15, 2016
Latest Update: Jan. 15, 2016
Summary: STIPULATION AND ORDER OF DISCLAIMER OF INTEREST AND DISMISSAL ANDREW P. GORDON , District Judge . Cross Defendant Bank of America, N.A., a national association ( "Bank of America" ) and Counterclaimant SFR Investments Pool 1, LLC ( SFR ) stipulate as follows: 1. WHEREAS, on or about May 22, 2014, SFR purchased the property commonly known as 1444 European Drive, Henderson, NV 89052 (the Property ) at an HOA foreclosure sale; 2. WHEREAS, SFR was informed and believed that Bank of America m
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STIPULATION AND ORDER OF DISCLAIMER OF INTEREST AND DISMISSAL

Cross Defendant Bank of America, N.A., a national association ("Bank of America") and Counterclaimant SFR Investments Pool 1, LLC (SFR) stipulate as follows:

1. WHEREAS, on or about May 22, 2014, SFR purchased the property commonly known as 1444 European Drive, Henderson, NV 89052 (the Property) at an HOA foreclosure sale;

2. WHEREAS, SFR was informed and believed that Bank of America may hold an interest in the Property;

3. WHEREAS, on August 17, 2014, SFR filed an Answer, Counterclaim and Crossclaim in which SFR asserted crossclaims for quiet title, declaratory relief and slander of title against Bank of America, case number 2:15-CV-01373-APG-NJK

4. WHEREAS, Bank of America has reviewed SFR's Answer, Counterclaim and Crossclaim and the exhibits thereto and has determined that it has no legal right, title, or interest in the Property;

5. WHEREAS, Bank of America expressly disclaims any and all right, title, and interest in the Property;

6. WHEREAS, SFR agrees, based upon Bank of America's disclaimer set forth herein, that Bank of America should be dismissed from this action, with prejudice; and

7. WHEREAS, based upon Bank of America's disclaimer set forth herein, SFR and Bank of America agree to bear their own attorney's fees and costs.

ORDER

Having reviewed the parties stipulation and good cause appearing,

IT IS HEREBY ORDERED that Defendant Bank of America, N.A. has no right, title, or interest in the Property.

IT IS FURTHER ORDERED that, based upon Defendant Bank of America, N.A.'s disclaimer set forth herein, Defendant Bank of America, N.A., is dismissed from this case, with prejudice.

IT IS FURTHER ORDERED that Cross-Claimant SFR Investments Pool 1, LLC and Defendant Bank of America, N.A., shall bear their own attorney's fees and costs.

Source:  Leagle

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