Release Lis Pendens Form With Two Points In Arizona
Instant download
Description
Lis Pendens means "a suit pending". A lis pendens is a written notice that a lawsuit has been filed involving the title to real property or some interest in that real property. Notice to the defendant who owns the property and potential buyers or lenders is given by filing the lis pendens with the clerk of the court, certifying that it has been filed, and then recording it with the County Recorder. The lis pendens must include a legal description of the real property, and the lawsuit must involve the property. A person who records a false lis pendens will be subject to the penalty of payment of attorney's fees. A petition to remove the lis pendens from real property may be brought by the defendant when the property is not involved in the lawsuit.
Form popularity
More info
When a Lis Pendens has been filed and the court dismisses the action, the plaintiff(s) have 30 days to issue a Release of Notice of Pendency. This page breaks down the rules, requirements, and deadlines you need to follow to file an Arizona mechanics lien.Maricopa County Lis Pendens Release Form. Fill in the blank form formatted to comply with all recording and content requirements. A lis pendens is not a mechanics lien, but it is often required as part of the lien process. Remember that a lis pendens is a notice of a pending lawsuit. Yes you are going to have to draft the documents. It is not as simple as just filing a lien lis pendens. A Lis Pendens Notice can be a powerful tool under Arizona law, but it is a narrow tool available only in limited circumstances. Part two on Arizona lien laws.
