Filing Lis Pendens In New York In Bexar

State:
Multi-State
County:
Bexar
Control #:
US-00403BG
Format:
Word
Instant download

Description

The Release of Lis Pendens form is designed for filing in New York within Bexar County, facilitating the formal release of a previously recorded notice concerning pending litigation affecting real property. This document is essential for clearing property titles, making it beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate or property law. Key features include acknowledgment of valuable consideration, specification of the recording office, and requirements for authorized signatures. To complete the form, users must enter the appropriate details such as the clerk's office and the book and page numbers where the original Lis Pendens is recorded. The form also requires a date and signature for validation. It is particularly useful in situations where a property dispute has been resolved or when a party no longer wishes to assert claims on the property. Understanding and utilizing this form appropriately can streamline processes for legal professionals involved in property transactions or disputes.

Form popularity

FAQ

Pursuant to CPLR 6501, “a notice of pendency may be filed only when 'the judgment demanded would affect the title to, or the possession, use or enjoyment of, real property'” (Delidimitropoulos v Karantinidis, 142 AD3d 1038, 1039, quoting CPLR 6501).

In a case specified in section 6501, the notice of pendency shall be filed in the office of the clerk of any county where property affected is situated, before or after service of summons and at any time prior to judgment.

A notice of pendency shall be effective for a period of three years from the date of filing. Before expiration of a period or extended period, the court, upon motion of the plaintiff and upon such notice as it may require, for good cause shown, may grant an extension for a like additional period.

The reason for a Lis Pendens is to alert the world that the house is subject to legal action. That means the house is "frozen" or cannot be sold, refinanced, transferred, until the lawsuit is settled, or the case is tried with a final judgment signed by the judge.

The following parties are entitled to mechanics lien rights in New York: direct contractors, subcontractors, material suppliers, equipment lessors, laborers, design professionals, and landscape gardeners who performs labor or furnishes materials for the improvement of real property.

If someone has filed a Lis Pendens notice (which alerts others that there is a pending lawsuit involving a property), any party involved in the lawsuit can: Ask the court to remove the notice (e.g. Motion to Expunge). Notify all affected parties at least 20 days before the court hearing.

What is a lis pendens notice? The term “lis pendens” is Latin for “pending suit.” Notices of lis pendens are filed in the real property records for the purpose of notifying others—primarily, prospective purchasers of real property—that the property at issue is the subject of pending litigation.

The party filing a lis pendens or the party's agent or attorney shall sign the lis pendens, which must state: (1) the style and number, if any, of the proceeding; (2) the court in which the proceeding is pending; (3) the names of the parties; (4) the kind of proceeding; and (5) a description of the property affected.

Trusted and secure by over 3 million people of the world’s leading companies

Filing Lis Pendens In New York In Bexar