Lis Pendens Florida List In Fulton

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

Description

The form "Release of Lis Pendens" serves to formally withdraw or cancel a Lis Pendens that has been recorded in the official land records of the respective city and county. It acknowledges the receipt of valuable consideration in exchange for the release. Key features of the form include fields for the name of the clerk or recorder's office, details about the original Lis Pendens including book and page number, and a signature section for authorized individuals. This form is essential for attorneys, partners, and owners who need to formally remove a notice of pending litigation that may affect real property. Paralegals and legal assistants will find value in understanding the filing procedures and ensuring the accurate completion of the form. Editing the form is straightforward; users must fill in the relevant details accurately before submission to the clerk or recorder's office for recording. It is especially useful in cases where the underlying legal dispute has been resolved, allowing all parties to move forward without the encumbrance of a pending lawsuit on the property.

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FAQ

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.

How to File a Notice of Lis Pendens Name of the parties. Date of the institution of the action, the date of the clerk's electronic receipt, or the case number of the action. The name of the court in which it is pending. A description of the property involved or to be affected.

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.

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.

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 ...

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 ...

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.

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Lis Pendens Florida List In Fulton