Filing Lis Pendens In New York In Phoenix
Category:
State:
Multi-State
City:
Phoenix
Control #:
US-00403BG
Format:
Word
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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Yes you are going to have to draft the documents. It is not as simple as just filing a lien lis pendens.A Lis Pendens is a written notice recorded in the recorder's office in the county where the real estate is located. Filing a notice of lis pendens or a "pending lawsuit notice" is vital to avoid property sales during active litigation. Historically known as lis pendens, a notice of pendency constructively gives notice of the ownership dispute to any potential thirdparty. This pendant is really just a fancy name for litigation pending notice of litigation pending. A notice of pendency, also known as lis pendens, is a provisional remedy available to litigants seeking a judgment that affects title to real property.
