Release Lis Pendens Form With Lien In Phoenix

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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FAQ

Except as provided in sections 33-1002 and 33-1003, every person who labors or furnishes professional services, materials, machinery, fixtures or tools in the construction, alteration or repair of any building, or other structure or improvement, shall have a lien on such building, structure or improvement for the work ...

Can Property Liens Expire in Arizona? Yes, under certain legal circumstances property liens can expire in Arizona based on the statute of limitations. The law of rules determines the maximum time frame a creditor can legally enforce a debt through a property lien.

Lien Release Form: A document filled out with the necessary information about the lien, such as the name of the lien holder, the name of the property owner, the address of the property, the date of the lien, and the amount of the lien.

Yes, a house can be sold with a lien on it, but the process involves additional steps to ensure a smooth transaction. The lien typically needs to be resolved before or during the sale to provide the buyer with a clear title. Buyers and lenders usually require assurance that the lien will not transfer with the property.

How long does a judgment lien last in Arizona? A judgment lien in Arizona will remain attached to the debtor's property (even if the property changes hands) for five years.

Except as provided in sections 33-1002 and 33-1003, every person who labors or furnishes professional services, materials, machinery, fixtures or tools in the construction, alteration or repair of any building, or other structure or improvement, shall have a lien on such building, structure or improvement for the work ...

A Notice and Claim of Lien must be recorded no later than 120 days after project completion or, if the owner records a Notice of Completion, no later than 60 days after the Notice is recorded. If the project consists of more than one building, each building requires a separate notice and claim of lien.

If a notice has not been recorded, however, you will have 120 days after the completion of the project to record the claim. Once your lien claim form has been properly filled out and notarized, you will have to file it at the Arizona county recorder's office where the property being liened is located.

Key Requirements for Arizona Pre-liens Mailing Method: Use first-class mail with a certificate of mailing to ensure proof of mailing. Content: Include your information, a description of the work or materials provided, and the estimated total value.

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Release Lis Pendens Form With Lien In Phoenix