File Notice Lis Pendens Without Notice In Chicago

State:
Multi-State
City:
Chicago
Control #:
US-00403BG
Format:
Word
Instant download

Description

The form 'Release of Lis Pendens' allows individuals to officially cancel a previously recorded notice of lis pendens within the City and County of Chicago. This form is crucial for users seeking to eliminate any legal claims or encumbrances on a property that have been recorded against it. It acknowledges receipt of valuable consideration and requests the local Clerk's office to enter satisfaction and cancel the lis pendens from the official land records. Key features include spaces for the identification of the recorded lis pendens, specific dates, and signature lines for the parties involved. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form beneficial in ensuring that property transactions are clear of any pending legal issues. When completing the form, it is essential to accurately fill in the city, county, and state information, as well as details related to the original lis pendens. Users should review all information for accuracy before submitting it to the relevant Clerk's office for filing, ensuring compliance with local regulations. This form is particularly useful when a legal dispute has been resolved, allowing for a smooth transition of property ownership or sale.

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FAQ

30 As will be shown, Illinois courts, despite the literal text of the Act, have consistently held that taking without notice is not alone sufficient and have added a requirement that subsequent purchasers also record. Therefore, by statutory legislation, Illinois should be classified as a pure-notice state.

• Any action or proceeding which is pending in any court of law is. said to be lis pendens. • The maxim representing this doctrine means that 'during the. pendency of litigation, nothing new should be introduced and to maintain the status quo, to abstain from doing anything which may affect any party to the litigation.

Document recording is accepted in person or via US Mail or courier. Only original documents bearing actual signatures may be recorded. Faxed documents cannot be accepted.

Sign the deed before a notary public. The grantor must sign the document in front of the notary. Have the deed notarized by the notary public, who will acknowledge the grantor's signature. Record the quit claim deed with the county recorder's office where the property is located to make the transfer official.

At any time during the pendency of an action or proceeding initiated after July 1, 1959, which is constructive notice, the court, upon motion, may for good cause shown, provided a finding of specific performance is not necessary for final judgment in the action or proceeding, and upon such terms and conditions, ...

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File Notice Lis Pendens Without Notice In Chicago