Filed Lis Pendens On In Florida

State:
Multi-State
Control #:
US-00403BG
Format:
Word
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Description

The Release of Lis Pendens form is essential for withdrawing a previously filed lis pendens in Florida, which serves to alert potential buyers or lenders about litigation affecting a property. This form requires accurate details of the original lis pendens, including the recording location and page number. Completing the form involves filling in the proper names and addresses, as well as obtaining signatures for acknowledgment. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it facilitates the cancellation of any legal claims on property before sale or refinancing. It ensures clarity in property records and helps avoid potential disputes. Users can edit or fill in the required information based on their specific case, ensuring compliance with Florida's legal requirements. This document is vital to safeguard property interests and maintain clear title. Proper use aids in protecting clients’ rights and simplifying the legal process.

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FAQ

To properly file a lis pendens in connection with such litigation, the plaintiff must show in its pending pleading that the lawsuit is “founded on a duly recorded instrument,” which is a document such as a deed or mortgage recorded in the public records where the property is located. Fla. Stat. § 48.23(3).

The party seeking to dissolve the lis pendens must file a motion defining why the lis pendens is neither one of right nor one with a nexus to the real property. The movant will normally also ask for a bond in the event that the judge does find a nexus exists.

A lis pendens can be challenged if it is not “founded on a duly recorded instrument.” When a pending pleading does not show that an action is “founded on a duly recorded instrument,” a court may control and discharge the recorded notice of lis pendens.

The titleholder can sell a property and transfer the deed to someone else while subject to a lis pendens. However, most title companies will not provide insurance for homes with a lis pendens, and closing agents may close with the lien being bonded.

(2) A notice of lis pendens is not effectual for any purpose beyond 1 year from the commencement of the action and will expire at that time, unless the relief sought is disclosed by the pending pleading to be founded on a duly recorded instrument or on a lien claimed under part I of chapter 713 against the property ...

A wrongfully filed lis pendens can be removed by the judge in the case in which it was filed. The party seeking to remove it must file a motion and address why the lis pendens is improper under Florida law.

Short Answer: After filing a lis pendens, property sales may stall due to legal disputes impacting the title. Misfiling can result in sanctions or slander of title damages. Removal involves court-ordered expungement or voluntary discharge.

What Does Lis Pendens Mean? Lis pendens is a Latin term that literally means “lawsuit pending.” In a modern context, it is a notice filed against real estate that is under the control of the courts because of a pending lawsuit. It is often referred to as a “cloud on title”.

However, once any litigation has been resolved, a lis pendens can be removed through a Florida Release of Lis Pendens. This legal document will formally remove the lis pendens so that the property title is clear.

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Filed Lis Pendens On In Florida