Release Of Lis Pendens Form For The Foreclosure Process In Montgomery
Category:
State:
Multi-State
County:
Montgomery
Control #:
US-00403BG
Format:
Word
Instant download
Description
Lis Pendens means "a suit pending". A lis pendens is a written notice that a lawsuit has been filed involving the title to real property or some interest in that real property. Notice to the defendant who owns the property and potential buyers or lenders is given by filing the lis pendens with the clerk of the court, certifying that it has been filed, and then recording it with the County Recorder. The lis pendens must include a legal description of the real property, and the lawsuit must involve the property. A person who records a false lis pendens will be subject to the penalty of payment of attorney's fees. A petition to remove the lis pendens from real property may be brought by the defendant when the property is not involved in the lawsuit.
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Fillable PDFs can be filled out electronically, then printed. However, they cannot be submitted online or saved.This article describes the steps and timeline of a foreclosure case from beginning to end. 1. Mortgage in default. Lis pendens is a notice lenders use during a judicial foreclosure. â–« File a copy of the recorded lis pendens in the court file. A lender can file a Lis Pendens notice in the case of a mortgage foreclosure. The Unified Judicial System provides forms for citizens, the judiciary and law enforcement.
