US Legal Forms
Release of Lis Pendens

Lis Pendens Requirements In Philadelphia

Q: How to file a lien on property in Pennsylvania?

Requirements for Liens in Pennsylvania For mechanics&#039; liens, contractors, subcontractors, and suppliers must typically follow specific procedures to file a lien. This may include providing notice to the property owner, filing a lien claim with the appropriate county office, and adhering to strict deadlines for filing.

Category:

Real Estate - Lis Pendens

State:

Multi-State

County:

Philadelphia

Control #:

US-00403BG

Format:

Instant download

Description

The Release of Lis Pendens form is essential for addressing Lis Pendens requirements in Philadelphia. This legal document allows an affected party to officially release a previously recorded Lis Pendens, which notifies others of a pending legal action involving real property. Key features of the form include spaces for the identification of the real property, details regarding the original recording, and the signature of the person authorizing the release. Users must fill in specific information such as the city, county, and dates accurately. The form should be submitted to the appropriate Clerk's or Recorder's office to ensure cancellation in official records. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to clear property titles and facilitate smoother transactions, as a Lis Pendens can hinder property transfers. It is particularly useful when resolving disputes or finalizing settlements related to real estate, ensuring that potential buyers or lenders are aware that a legal action is no longer pending.

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FAQ

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.

To add, remove, or change a name on a deed, have a lawyer, title company, or other real estate professional prepare the deed. Then, record the new deed with the Department of Records. Note: We recommend that you do not prepare a deed on your own. We also recommend that you get title insurance.

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.

Requirements for Liens in Pennsylvania For mechanics' liens, contractors, subcontractors, and suppliers must typically follow specific procedures to file a lien. This may include providing notice to the property owner, filing a lien claim with the appropriate county office, and adhering to strict deadlines for filing.

In Pennsylvania, a Lis Pendens notice is a formal announcement that a pending lawsuit exists that may affect the title or claim to a piece of real estate. This notice of a pending legal action is filed in the public records, warning potential buyers that the property is involved in pending litigation.

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.