Filed Lis Pendens On In Philadelphia

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

Description

The Filed Lis Pendens form for Philadelphia is a legal document that is utilized to notify interested parties about pending legal actions concerning specific real property. This form is crucial for maintaining transparency in real estate transactions and serves as a warning to potential buyers or lenders that an interest in the property is being contested. Users must provide details such as the city and county where the lis pendens is recorded, ensuring accurate referencing of the legal case involved. The form requires signatures and an acknowledgment of the date, demonstrating proper legal procedure. Attorneys, partners, owners, associates, paralegals, and legal assistants can greatly benefit from the clarity and straightforwardness of this form, which facilitates the proper management of property disputes. By following designated filling and editing instructions, users can efficiently complete the documentation needed to secure their legal interests. Specific use cases include notifying parties in divorce cases where property division is an issue or in foreclosures where potential buyers must be aware of ongoing litigation.

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FAQ

After the action is resolved, the attorney for the plaintiff should file a praecipe to remove the lis pendens and resulting cloud on title. Note that if a defendant believes a lis pendens has been filed improperly, it may make a motion with the court to have it stricken.

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.

How Long Does a Lis Pendens Last in Pennsylvania? Under Pennsylvania law, a Lis Pendens typically remains recorded for a period of fifteen years. This duration provides adequate notice to interested parties about ongoing litigation or other legal actions involving the real property.

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.

The Lis Pendens A lis pendens is a document that is filed in the public records that alerts the world that someone is asserting claim over the property. A lis pendens is not, by itself, a legal bar to purchasing the property—someone can still legally close on property with a lis pendens filed on it.

In Pennsylvania, lien searches can be conducted by reviewing public records maintained by relevant government agencies, including local Prothonotary Offices or Pennsylvania Recorder of Deeds Offices. Besides mortgages, which are filed in the latter, most liens are filed in the former.

The lien will stay in effect for five years, but can be renewed, if the debtor does not sell the property within that time period.

The notice is typically filed with the clerk (prothonotary) in the county land records office and alerts prospective purchasers and lenders that the property's title is in question.

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Filed Lis Pendens On In Philadelphia