(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.
The foreclosure procedure in Florida begins with the lender asking the court to allow the foreclosure to proceed. If the court allows it, the foreclosure sale typically must occur within 20 to 35 days of the judgment. Foreclosure sales are conducted as auctions that are open to the general public.
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”.
Steps to file a mechanics lien in Miami-Dade County Step 1: Get The Right Form & Meet Margin Requirements. Step 2: Calculating Your Miami-Dade County Filing Fees. Step 3: Serve the Mechanics Lien. Step 4: File your lien with the Miami-Dade County Clerk.
Homeowners Rights to Surplus Foreclosure Sale Proceeds You, as the former homeowner, may be eligible to file a claim for any surplus funds. Please contact the Clerk of the Court's Foreclosure Unit to find out if there are surplus funds from the foreclosure sale and, for assistance in filing your claim for those funds.
Section 48.23 provides that the notice must contain the names of all of the parties, the name of the court in which the action is instituted, a description of the property involved or affected, a description of the relief sought as to the property, and one of the following: the date of the institution of the action, ...
Ing to Florida Statute Section 48.23, a lis pendens must have a caption with the names of all the parties, the date of the action, description of the property and statement of the relief being sought. There is a Supreme Court approved form, and it should be used.
You can record the Notice of Commencement by mail. The original Notice should be sent to the County Recorder, P.O. Box 011711, Flagler Station, Miami, Florida 33101. Please make sure the original Notice is signed and notarized.