Nevada
EDITORIAL: Legislature needs to fix Nevada’s probate law
There needs to be appropriate safeguards protecting the estates of the deceased. It’s clear Nevada doesn’t have them.
The Review-Journal’s Eli Segall and Michael Scott Davidson recently exposed a tragic scandal. Complete strangers are legally selling the houses of deceased men and women in Clark County. After a person dies, an estate often ends up in probate. That’s how the legal system moves assets and settles debts. A key factor in this process is the person who manages the estate.
Nevada law provides a long list of those who may perform that role. Usually, a relative will assume that duty. But the last entry on that list is anyone “legally qualified.”
That’s the opening Estate Administrative Services and Compass Realty &Management used to take control of hundreds of homes. Thomas Moore, the founder of Estate Administration Services, received court permission to administer at least 340 cases. Cynthia “Cyndi” Sauerland with Compass obtained this authority at least 125 times. Between the two of them, they “sold at least around 360 homes through probate court,” the story revealed.
Sometimes this can be necessary. Abandoned homes can quickly become neighborhood hazards. They can attract squatters and turn into eyesores that lower property values. With a housing shortage, it’s better for the community when abandoned homes return to the market. Some homes in these situations are underwater. Lenders can agree to a short sale, which resolves the loan balance, but doesn’t leave anything for potential heirs.
None of this happens by magic. It takes work by real estate professionals and attorneys. There are legitimate cases where they may get paid even if families receive nothing.
But this process is ripe for abuse, and that’s what the Review-Journal investigation uncovered. Many homes are sold without a competitive bidding process. In one instance, Mr. Moore sold a home to We Flip It LLC. Less than a week later, it flipped the house for almost $30,000 more than it paid. In another case, Mr. Moore received court approval to oversee Tsoghik Khachatryan’s estate. He temporarily forced her husband and kids out of their home before resigning from the case.
In other cases, Mr. Moore paid out more than $900,000 to private entities for “costs listed in court records as foreclosure monitoring, abatement services, abatement fees or just ‘abatement.’ ”
Several other probate attorneys said “they had never heard” of those fees.
This is an outrage. There are legitimate competing interests in these cases, but the Legislature needs to do a better job of protecting the assets of the deceased and their heirs.
Nevada
State treasurers, including Nevada’s, warn Trump immigration tactics hurt the economy
Nevada
More than 1K family homes coming to site of shuttered Cashman Center
More than 1,000 new family homes are coming to the sites of the shuttered Cashman Center and a neighboring Nevada State office building near downtown Las Vegas.
The project, proposed by Greystone Nevada LLC — a Lennar Corp. subsidiary — won city approval Wednesday when the City Council voted to formalize development agreements with the company.
“We know that we need housing desperately, especially affordable and attainable housing within our community,” said Councilwoman Shondra Summers-Armstrong last month before the council approved a bevy of items, including tentative maps.
The councilwoman represents Ward 5, where the proposed project will sit near Washington Avenue and North Las Vegas Boulevard.
“I was demanding as I am,” Summers-Armstrong said about the planning process, “because I really want our community; those folks who need this type of housing, to not get just any old thing.”
Lennar is proposing 781 homes for the Cashman site, and 290 at the Grant Sawyer property.
‘It’s truly exciting’
The project began to gain steam last year when Lennar won a city of Las Vegas auction to buy the 50-acre Cashman Center at 850 N. Las Vegas Blvd. for $36.25 million. Shortly after, Lennar offered Nevada $10.6 million to buy 22 acres including the shuttered Grant Sawyer State Office Building at 555 E. Washington Ave.
The Cashman sale occurred as Las Vegas was working to offset loses incurred in yearslong litigation with the would-be developer of the defunct Badlands golf course. Lennar took over the 250-acre course and plans to build 1,480 upscale homes there .
Nevada had struggled to find a buyer for the government complex after state offices were relocated to the south Valley, officials said. Twice, it received no bids on a $19.45 million valuation.
Councilwoman Olivia Diaz compared finding a purpose for the Cashman site to chasing whales.
“It’s truly exciting to see the revitalization of these two sites,” she added.
A construction timeline wasn’t provided. Councilman Brian Knudsen proposed partnering with the developer when it demolishes the old baseball complex.
Officials didn’t widely discuss what possible qualifications prospective buyers would need to meet. Summers-Armstrong spoke about city outreach to let people know about home ownership options, such as grant opportunities.
Three-story townhomes
Attorney Stephanie Gronauer, who spoke on behalf of Lennar, presented tentative maps and showcased concept renderings of the yet-to-be-named neighborhoods during the Jan. 21 City Council meeting.
Most of the attached and detached homes will stand at three stories and occupy their own plot, she said. Amenities include pools and a trail on Cashman’s current parking space.
Lennar is trying to offload 2.6 acres for a possible future commercial development between the Neon Museum and the Las Vegas Science & Natural Science Museum, Gronauer added.
She said the developer hopes that the project will be a catalyst for the downtown area.
“I hope this is phenomenally successful and a model for what we can be doing in this city to help with housing that everybody can access, because I think that no matter where you live, it’s a big deal,” Councilwoman Kara Kelley said. “It’s terrific that this land and this property in this space has worked this way.”
Mayor Shelley Berkley joined the chorus of praise, noting how home ownership had changed her family’s life when they moved to Las Vegas.
“It changed our family’s self-image: we owned something, we belonged here, we were property owners and we’re part of this community,” she said.
Contact Ricardo Torres-Cortez at rtorres@reviewjournal.com.
Nevada
Why Nevada wants to vote 1st in 2028 Presidential primary: New Ballot Battleground: Nevada
RENO, Nev. (News 4 & Fox 11) — Nevada has already climbed the Presidential primary calendar, establishing itself in the slate of early states that vote prior to Super Tuesday. But now Democratic party leaders want to move up to first in the nation, with the Nevada Dems officially submitting their bid to the DNC last month.
Why is Nevada deserving of the coveted top spot? In the first episode of season 3 of the Ballot Battleground: Nevada podcast, host Ben Margiott speaks to DNC Vice Chair Artie Blanco about Nevada’s bid to become the first Democratic presidential contest in 2028.
We unpack how the DNC sets the calendar, why Nevada’s diversity and battleground status matter, and what lessons were learned from the 2024 primary shake-up. Plus, what a “Nevada first” calendar could mean for voters, campaigns, and national policy priorities.
New episodes drop every other Wednesday (schedule subject to change depending on guests’ availability and the news cycle). Watch on YouTube, use the player below or click this link to listen and subscribe on your favorite podcast platform. Thanks for listening!
Listen to the Ballot Battleground: Nevada podcast here:
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