AB 571 Smoking Indoors
Effective June 17, 2011, Assembly Bill 571 loosens restrictions on smoking that were put in effect by the Nevada Clean Indoor Air Act of 2006. Nevada citizens voted to enact the Nevada Clean Indoor Air Act in early November 2006 and it became law in December 2006, receiving approximately 54% of the vote. Among other […]
AB 373 Dissuades Property Destruction
As everyone in the valley is well aware, we have been hit by an unprecedented wave of foreclosures. The banks holding these notes have been completely unwilling to modify the principal of these loans. They have agreed to short sales and to loan modifications, but these processes are frustrating and time consuming at best. Unfortunately, […]
AB 273 Limits Bank Collections
The purchase of a house is the largest purchase most people will ever make. When hard times hit and a homeowner loses their house, the debt the homeowner still owes to the bank is the largest debt a person will ever have. After suffering a pay cut or the loss of a job and with […]
AB 284 Restores Foreclosure Process
I have been extraordinarily honored to have participated in a working group with the Nevada Attorney General’s Office in Nevada Assembly Bill 284. AB 284 passed the Assembly with a vote of 33-9, and passed the Senate with a vote of 20-1. AB 284 was signed into law on May 20, 2011 with overwhelming support […]
NV Supreme Court Strikes Blow to Banks for Homeowners
The Nevada Supreme Court recently addressed a critical issue involving the Foreclosure Mediation Rules in the case of Leyva v. National Default Servicing Corp., App. No. 55216, Appeal from the Clark Co. District Court, A-10-600-651, 127Nev. ___, ___ P.3d ___ (Adv. Op. No. 40, July 7, 2011). The issue relates to the obligation of the […]
New Nevada legislation to protect homeowners
Continuing update on new Nevada Legislation for homeowners. Did you know that banks, lenders, financial institutions and their employees cannot unreasonably delay a response to an offer for a sale in lieu of foreclosure sale on a residential property? A response that is not made within 90 days of the offer is presumptively unreasonable. Of […]
New Nevada Real Estate Laws Update
Black & LoBello has received numerous inquiries regarding the new real estate laws discussed in our previous blog post. We thank you for your patronage of our blog and for your interest in these exciting new protections for homeowners. Several inquiries have asked for clarification regarding the manner in which the new laws regarding holders […]
New Nevada Laws Relating to Homeowners
Nevada Assembly Bill 273 makes major improvements to Nevada law to protect homeowners by limiting the amount of money a bank can collect after a homeowner loses their home. The law also reduces the time a bank has to file a lawsuit against some homeowners. These protections will greatly improve a homeowner’s opportunity to start […]
Companies May Not Discriminate Based On Citizenship Status
While there has been a lot of attention directed toward the issue of the hiring of illegal immigrants, recruiters and employment referral companies must also be careful to follow the laws regarding the hiring of citizens and legal immigrants. Whether they consider themselves to be large corporations or small businesses, employers should be wary of […]
LV Business Press Interviews Tisha Black Chernine
Bankers watch bill that would criminalize home trashing When bankers told Nevada lawmakers they wanted to punish home-wreckers, they weren’t talking about adulterers who destroy marriages. They were referring to legislation that makes it a crime for homeowners to damage and steal parts of houses subject to foreclosure. To read the full article, click here.