Release Lis Pendens Form Withdrawal In New York

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

Description

The Release Lis Pendens Form Withdrawal in New York is a legal document that serves to withdraw a previously filed lis pendens notice. This form is crucial for individuals who want to formally cancel a notice that could otherwise impact property transactions. It includes sections for the identification of the original lis pendens, the authorized clerical office, and signature acknowledgment. Users are instructed to fill out relevant fields, including the city, county, and specific book and page details where the original lis pendens is recorded. This form is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants, as it helps in maintaining clear title to properties and minimizing potential legal disputes. Users must ensure that the form is signed and properly acknowledged to be effective. The simplicity of the form ensures that even those with limited legal experience can complete it accurately. Overall, this form plays a vital role in the property transaction process and legal clarity.

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FAQ

Under CPLR § 6515, a lis pendens may be removed by posting an undertaking in an amount to be fixed by the court, and if: (a) the court finds that adequate relief can be secured to plaintiff by giving of such an undertaking; or (b) in such action, the plaintiff fails to give an undertaking, in an amount to be fixed by ...

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.

If you are selling a property that is subject to a lis pendens, you must disclose this fact to potential buyers. Failure to do so could result in legal liability. Additionally, a lis pendens can make it difficult to sell a property as it may deter potential buyers who do not want to become involved in a legal dispute.

A notice of pendency shall be effective for a period of three years from the date of filing. Before expiration of a period or extended period, the court, upon motion of the plaintiff and upon such notice as it may require, for good cause shown, may grant an extension for a like additional period.

File a request with the court to remove the lis pendens. Provide the legal reasons the lis pendens is improper, offering proof, for example, that the lis pendens affects real estate that is not connected to the litigation. If the lawsuit is frivolous and merely intended to harass the property owner, offer proof.

A notice of pendency shall be effective for a period of three years from the date of filing. Before expiration of a period or extended period, the court, upon motion of the plaintiff and upon such notice as it may require, for good cause shown, may grant an extension for a like additional period.

Under CPLR § 6515, a lis pendens may be removed by posting an undertaking in an amount to be fixed by the court, and if: (a) the court finds that adequate relief can be secured to plaintiff by giving of such an undertaking; or (b) in such action, the plaintiff fails to give an undertaking, in an amount to be fixed by ...

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Release Lis Pendens Form Withdrawal In New York