US Legal Forms
Release of Lis Pendens

Lis Pendens Requirements In Michigan

Q: Does a quitclaim deed need to be notarized in Michigan?

Michigan Quit Claim Deed Form: Michigan&#039;s quit claim deeds must be signed in the presence of a notary public and include the grantor&#039;s and grantee&#039;s names and addresses.

Category:

Real Estate - Lis Pendens

State:

Multi-State

Control #:

US-00403BG

Format:

Instant download

Description

The Release of Lis Pendens form is a legal document used in Michigan to officially cancel a previously recorded lis pendens, which is a notice indicating that a lawsuit regarding real property is pending. This form is crucial for individuals or entities that wish to clear the title of a property after the resolution of a legal dispute. Users must ensure that all details, such as the recording information and jurisdiction, are accurately filled out to avoid any issues in the cancellation process. Completing the form requires a clear acknowledgment of receipt and sufficiency of consideration, followed by the appropriate signatures. The target audience includes attorneys, partners, owners, associates, paralegals, and legal assistants, all of whom can utilize this form to streamline property transactions or resolve disputes. It enhances the clarity of property titles and communicates effectively to the relevant authorities about the change in status. Legal professionals will benefit from understanding the specific requirements for filing and the implications this may have on property rights in Michigan.

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FAQ

Lis pendens is a formal notice that there is a pending action, or lawsuit, that could affect the title of the property. However, it serves an even bigger purpose. When a lis pendens is filed, any future transfers of the property are affected by the pending action if it were to be awarded.

600.2715 Notice lis pendens; duration; extension. (1) A notice of pendency hereafter filed for record shall be effective as notice for a period of 3 years from the date of filing.

RECORDING REQUIREMENTS Documents must have all original signatures and the names must be printed, stamped, or typed beneath the signatures. Documents executed in Michigan which convey or encumber real estate require a notary's acknowledgment.

600.2715 Notice lis pendens; duration; extension. Sec. 2715. (1) A notice of pendency hereafter filed for record shall be effective as notice for a period of 3 years from the date of filing.

“To render the filing of a complaint constructive notice to a purchaser of any real estate, the plaintiff shall file for record, with the register of deeds of the county in which the lands to be affected by such constructive notice are situated, a notice of the pendency of such action, setting forth the title of the ...

A Notice of Lis Pendens is a document that gives constructive notice of a pending suit to a purchaser of any real estate. The plaintiff files the notice with the register of deeds in counties where affected property are located.

Documents must have all original signatures and the names must be printed, stamped, or typed beneath the signatures. Documents executed in Michigan which convey or encumber real estate require a notary's acknowledgment.

Michigan Quit Claim Deed Form: Michigan's quit claim deeds must be signed in the presence of a notary public and include the grantor's and grantee's names and addresses.