Withdrawal Of Lis Pendens Form For The Foreclosure Process In Bronx

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

Description

The Withdrawal of Lis Pendens form for the foreclosure process in Bronx is a legal document designed to cancel a Lis Pendens, which is a notice indicating that a property is subject to litigation. This form is essential for clearing the title of a property and is particularly useful in the foreclosure context. Key features include providing space for the relevant details of the original Lis Pendens, such as the clerk's office location and the corresponding record book and page numbers. Filling out this form requires accuracy to ensure that the cancellation is properly recorded by the appropriate clerk or recorder. The target audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, will find this form critical for facilitating real estate transactions post-foreclosure. Legal professionals can ensure that their clients' interests are adequately protected by using this form to remove any legal clouds on property titles. This form supports clear communication and prompt action in the real estate process, thereby reinforcing professional responsibilities in managing foreclosure cases.

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FAQ

Requirements for Liens in Pennsylvania For mechanics' liens, contractors, subcontractors, and suppliers must typically follow specific procedures to file a lien. This may include providing notice to the property owner, filing a lien claim with the appropriate county office, and adhering to strict deadlines for filing.

How Long Does a Lis Pendens Last in Pennsylvania? Under Pennsylvania law, a Lis Pendens typically remains recorded for a period of fifteen years. This duration provides adequate notice to interested parties about ongoing litigation or other legal actions involving the real property.

To file a lis pendens, the party filing must have or show one of two things: That there is a recorded instrument, usually some mortgage or encumbrance, or perhaps something related to a construction mechanics lien—that potentially provides the filer the right to the property on or in the document.

Once the complaint is filed, it enters a Lis pendens, meaning a suit is pending. The lender becomes the plaintiff, and the debtor becomes the defendant in the court record. The case receives a docket number. The plaintiff must serve the defendant with the foreclosure complaint.

To file a lis pendens, the party filing must have or show one of two things: That there is a recorded instrument, usually some mortgage or encumbrance, or perhaps something related to a construction mechanics lien—that potentially provides the filer the right to the property on or in the document.

File a request with the court to remove the lis pendens. Provide the legal reasons the lis pendens is improper, offering proof, for example, that the lis pendens affects real estate that is not connected to the litigation. If the lawsuit is frivolous and merely intended to harass the property owner, offer proof.

Other than resolution of the pending lawsuit, the only way to remove a lis pendens is by expungement, which requires a court order from a circuit judge. If you refuse service or the action is otherwise delayed, the lis pendens remains intact, making it difficult to sell or otherwise transfer a property.

A notice of pendency, also known as lis pendens, is a provisional remedy available to litigants seeking a judgment that affects title to real property. 5303 Realty Corp. v. O&Y Equity Corp., 64 N.Y.

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.

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Withdrawal Of Lis Pendens Form For The Foreclosure Process In Bronx