Filing Lis Pendens In New York In San Jose

State:
Multi-State
City:
San Jose
Control #:
US-00403BG
Format:
Word
Instant download

Description

The document titled 'Release of Lis Pendens' serves as a legal instrument utilized in the context of filing a lis pendens in New York, specifically relevant to users located in San Jose. This form acknowledges the cancellation of a previously recorded lis pendens, which is a public notice indicating that a property is subject to litigation. It is crucial for stakeholders, including attorneys, partners, owners, associates, paralegals, and legal assistants, as it formalizes the resolution of disputes and clears property titles. Filling out this form requires accurate information regarding the original lis pendens, such as the recording details, and necessitates a signature for validation. Key features include the specification of the clerk or recorder's office, as well as the filing location details within New York. The document must be properly executed to ensure the removal of the lis pendens from public records. It's particularly useful in real estate transactions and litigation matters when disputes are resolved or settled, allowing for a smoother transfer of property ownership. Users should ensure they follow the correct filling and editing instructions to maintain legal integrity.

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FAQ

Pursuant to CPLR 6501, “a notice of pendency may be filed only when 'the judgment demanded would affect the title to, or the possession, use or enjoyment of, real property'” (Delidimitropoulos v Karantinidis, 142 AD3d 1038, 1039, quoting CPLR 6501).

The reason for a Lis Pendens is to alert the world that the house is subject to legal action. That means the house is "frozen" or cannot be sold, refinanced, transferred, until the lawsuit is settled, or the case is tried with a final judgment signed by the judge.

A notice of pendency shall be effective for a period of three years from the date of filing. Before expiration of a period or extended period, the court, upon motion of the plaintiff and upon such notice as it may require, for good cause shown, may grant an extension for a like additional period.

File a request with the court to remove the lis pendens. Provide the legal reasons the lis pendens is improper, offering proof, for example, that the lis pendens affects real estate that is not connected to the litigation. If the lawsuit is frivolous and merely intended to harass the property owner, offer proof.

Homeowners can sell properties with liens. For a buyer to take possession of the property, the seller will need to clear title and satisfy all outstanding liens.

Lis pendens: Latin for “a pending suit.” 1. Jurisdiction of a court over property until the final decision of a case. 2. A notice filed against public records warning the public that title to the property is in litigation (in court and not final).

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Filing Lis Pendens In New York In San Jose