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Lis Pendens Notice in Connection with Action to Foreclose

Delaware Lis Pendens Notice in Connection with Action to Foreclose

Q: What is another name for lis pendens?

Latin for &quot;a suit pending,&quot; a written notice that a lawsuit has been filed which concerns the title to real property or some interest in that real property. The lis pendens (or notice of pending action) is filed with the clerk of the court, certified that it has been filed, and then recorded with the County Recorder.

Category:

Real Estate - Lis Pendens

State:

Multi-State

Control #:

US-01458BG

Format:

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 financiers 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.

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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In general, lis pendens is Latin for ?suit pending.? It is used in several contexts: ?Lis pendens? is construed to be the jurisdiction, power, or control which courts acquire over property involved in a suit, pending the continuance of the action, and until final judgment.

Latin for "a suit pending," a written notice that a lawsuit has been filed which concerns the title to real property or some interest in that real property. The lis pendens (or notice of pending action) is filed with the clerk of the court, certified that it has been filed, and then recorded with the County Recorder.

A ?lis pendens notice? is a notice recorded in a real property's chain of title and is designed to enable interested third parties to discover the existence and scope of pending litigation affecting the title to or asserting a mortgage, lien, security interest, or other interest in real property.

What You Should Do About a Lis Pendens on Your Property. If you have a lis pendens on your property, you need to contact an attorney as soon as possible. A Motion to Expunge should be filed as soon as possible. If you aren't sure about the details of the action filed, you can request information from the court clerk.

Use a deed in lieu of foreclosure to document an agreement between borrower and lender where the borrower voluntarily gives back a property. A Deed in Lieu of Foreclosure benefits a mortgage borrower because he or she can avoid foreclosure by voluntarily turning the property over to the lender.

Pending Litigation means a proceeding in a court of law whose activity is in progress but not yet completed.

Lis pendens is a formal notice that there is a pending action, or lawsuit, that could affect the title of the property. However, it serves an even bigger purpose. When a lis pendens is filed, any future transfers of the property are affected by the pending action if it were to be awarded.

Delaware Lis Pendens Notice in Connection with Action to Foreclose

Description

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How to fill out Lis Pendens Notice In Connection With Action To Foreclose?

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What is the Delaware title 21 section 4164?

What does a lis pendens indicate?

What is another name for lis pendens?

Does lis pendens mean notice of litigation or what does it mean?

How do you respond to lis pendens?

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What means pending litigation?

Does lis pendens mean pending litigation?

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Delaware Lis Pendens Notice in Connection with Action to Foreclose

Description

Related forms

Viewed forms

How to fill out Lis Pendens Notice In Connection With Action To Foreclose?

Form popularity

FAQ

What is the Delaware title 21 section 4164?

What does a lis pendens indicate?

What is another name for lis pendens?

Does lis pendens mean notice of litigation or what does it mean?

How do you respond to lis pendens?

What is a deed in lieu of foreclosure in Delaware?

What means pending litigation?

Does lis pendens mean pending litigation?

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