Withdrawal Of Lis Pendens Form For The Foreclosure Process In Oakland

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

Description

The Withdrawal of Lis Pendens form for the foreclosure process in Oakland serves as an official document to release a previously recorded lis pendens, which is a legal notice indicating ongoing litigation concerning a property. This form is crucial for property owners, attorneys, and legal professionals involved in foreclosure proceedings as it signifies the conclusion of a claim against the property. Key features include sections for filling in the details of the lis pendens being released, including its recording information and the date of withdrawal. Users are guided to provide clear and accurate information, ensuring the correct removal of the notice from public records. Specific use cases include situations where the lawsuit is settled or the property is no longer under foreclosure proceedings. The form is user-friendly, allowing individuals with varying levels of legal experience to complete it efficiently. Attorneys and paralegals will find it instrumental in facilitating timely removals of legal claims, while property owners can utilize it to regain clear title status. Overall, this form supports the foreclosure process by helping maintain accurate and updated property records.

Form popularity

FAQ

Once a Notice of State Tax Lien is recorded or filed against you, the lien: Becomes public record. Attaches to any California real or personal property you currently own or may acquire in the future. Is effective for at least 10 years (may be extended)

Removing a Lis Pendens in California 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.

To file a lis pendens, the party filing must have or show one of two things: That there is a recorded instrument, usually some mortgage or encumbrance, or perhaps something related to a construction mechanics lien—that potentially provides the filer the right to the property on or in the document.

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.

Removing a Lis Pendens in California 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.

What is a lis pendens? (CCP § 405.21) A lis pendens – also called a notice of pendency of action – is a special type of legal document filed with a county recorder. Though its use is limited to lawsuits involving real property claims, its effect is powerful.

A lis pendens must be filed with both the county recorder and the circuit court clerk. After the action has reached pending status, the lis pendens must be drafted and submitted to the county recorder to be recorded for public record. This does not end this part of the process.

Only an attorney or the court can sign a lis pendens. If your attorney filed the lis pendens, then ask her to sign and record a Notice of Withdrawal of Lis Pendens. Give a copy of the title officer. You can record a certified copy of the dismissal of the case and that will extinguish a lis pendens.

Trusted and secure by over 3 million people of the world’s leading companies

Withdrawal Of Lis Pendens Form For The Foreclosure Process In Oakland