US Legal Forms
Release of Lis Pendens

Lis Pendens Form Blank With Notice In Oakland

Q: Can you sell a property with a Lis Pendens in NY?

That means the house is &quot;frozen&quot; or cannot be sold, refinanced, transferred, until the lawsuit is settled, or the case is tried with a final judgment signed by the judge. Then once the case is over, the attorney who placed the Lis Pendens will be required to remove it. Only after that happens can the house be sold.

Category:

Real Estate - Lis Pendens

State:

Multi-State

County:

Oakland

Control #:

US-00403BG

Format:

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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FAQ

That means the house is "frozen" or cannot be sold, refinanced, transferred, until the lawsuit is settled, or the case is tried with a final judgment signed by the judge. Then once the case is over, the attorney who placed the Lis Pendens will be required to remove it. Only after that happens can the house be sold.

There is no specific time frame for how long a lis pendens is valid. Rather, a lis pendens is valid until it is expunged or the underlying case is resolved. If not expunged, a lis pendens is often removed as part of a settlement agreement reached between the parties.

California Code of Civil Procedure section 405.30 allows a property owner to remove a lis pendens by bringing a “motion to expunge.” There are several bases for a motion to expunge, including: (1) the lack of a real property claim, (2) the claimant's failure to establish a “probable validity of their claim, or (3) the ...

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.