Filing A Lis Pendens In Florida In Sacramento

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

Description

The form 'Release of Lis Pendens' is utilized in Florida to formally withdraw a notice of pending litigation on real property, a critical step for ensuring the legal title can be transferred or mortgaged without any encumbrances. This form is particularly important for users in Sacramento, as it allows them to clear up any potential disputes related to properties involved in legal proceedings. The form includes fields for essential details such as the location of the original Lis Pendens, the relevant Clerk or Recorder's office, and a signature for validation. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form essential for managing property transactions effectively and efficiently. Filling out the form requires clarity, ensuring that all relevant information is accurately entered to prevent any future legal complications. Users should edit the sections pertaining to specific city and county information based on the actual property location. The form can be utilized when a legal case is resolved, and the property can be sold or financed without hindrance. This streamlined process aids in maintaining the integrity of real estate transactions, making it easier for users to ensure compliance with legal requirements while safeguarding their property interests.

Form popularity

FAQ

(2) A notice of lis pendens is not effectual for any purpose beyond 1 year from the commencement of the action and will expire at that time, unless the relief sought is disclosed by the pending pleading to be founded on a duly recorded instrument or on a lien claimed under part I of chapter 713 against the property ...

Ing to Florida Statute Section 48.23, a lis pendens must have a caption with the names of all the parties, the date of the action, description of the property and statement of the relief being sought. There is a Supreme Court approved form, and it should be used.

A wrongfully filed lis pendens can be removed by the judge in the case in which it was filed. The party seeking to remove it must file a motion and address why the lis pendens is improper under Florida law.

The titleholder can sell a property and transfer the deed to someone else while subject to a lis pendens. However, most title companies will not provide insurance for homes with a lis pendens, and closing agents may close with the lien being bonded.

But a wrongful lis pendens is still recorded in the public records and affects the title to the property for a time. So in order to get rid of a wrongful lis pendens the defendant in the lawsuit must file a motion to dissolve the lis pendens and bring that before the judge in a hearing.

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.

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.

Section 48.23 provides that the notice must contain the names of all of the parties, the name of the court in which the action is instituted, a description of the property involved or affected, a description of the relief sought as to the property, and one of the following: the date of the institution of the action, ...

Short Answer: After filing a lis pendens, property sales may stall due to legal disputes impacting the title. Misfiling can result in sanctions or slander of title damages. Removal involves court-ordered expungement or voluntary discharge.

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.

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

Filing A Lis Pendens In Florida In Sacramento