Daisy Trust v. fnma/fannie Mae

NOT FOR PUBLICATION FILED

UNITED STATES COURT OF APPEALS MAR 24 2022

MOLLY C. DWYER, CLERK

U.S. COURT OF APPEALS

FOR THE NINTH CIRCUIT

DAISY TRUST, a Nevada trust, No. 21-15595

Plaintiff-Appellant, D.C. No. 2:20-cv-01217-GMN-EJY v.

FEDERAL NATIONAL MORTGAGE MEMORANDUM*

ASSOCIATION,

Defendant-Appellee.

Appeal from the United States District Court for the District of Nevada Gloria M. Navarro, District Judge, Presiding

Argued and Submitted February 18, 2022 San Francisco, California

Before: McKEOWN and W. FLETCHER, Circuit Judges, and BENNETT,** District Judge.

Nevada Revised Statutes § 106.240 “creates a conclusive presumption that a

lien on real property is extinguished ten years after the debt becomes due.” Pro-Max

* This disposition is not appropriate for publication and is not precedent except as provided by Ninth Circuit Rule 36-3. ** The Honorable Richard D. Bennett, United States District Judge for the District of Maryland, sitting by designation. Corp. v. Feenstra, 16 P.3d 1074, 1077 (Nev. 2001) (per curiam). This statute

provides as follows:

The lien…