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.
Guam Li's Pendent Notice in Connection with Action to Foreclose is a legal document filed to notify potential buyers, lenders, and other interested parties that a property is involved in a foreclosure proceeding. This notice serves as a public record and alerts individuals that there may be pending legal action affecting the title or ownership of the property in question. In Guam, there are several types of Li's Pendent Notices that can be issued in connection with an action to foreclose. These include: 1. Li's Pendent Notice for Judicial Foreclosure: This notice is filed when a lender initiates a foreclosure lawsuit through the Guam Judiciary system. It informs interested parties of the pending legal action and serves as a warning that the property's title may be in jeopardy due to the foreclosure proceedings. 2. Li's Pendent Notice for Non-Judicial Foreclosure: In some cases, lenders in Guam opt for non-judicial foreclosure, which involves following a specific process outlined in the mortgage or deed of trust. The Li's Pendent Notice is filed to provide notice to interested parties that the property is the subject of a non-judicial foreclosure, and they should be aware of the potential implications on the property's title. 3. Li's Pendent Notice in Mortgage Foreclosure by Advertisement: When foreclosure occurs through advertisement, where the lender publishes a notice in a newspaper or other public records, a Li's Pendent Notice is included in the publication. This notice serves to alert individuals searching for property information that the property is undergoing foreclosure, enabling them to make an informed decision before getting involved with the property. Keywords: Guam, Li's Pendent Notice, Action to Foreclose, foreclosure, foreclosure lawsuit, titles, ownership, pending legal action, Guam Judiciary, judicial foreclosure, non-judicial foreclosure, mortgage, deed of trust, non-judicial foreclosure, advertisement, property information. Note: The information provided above is a general description of Guam Li's Pendent Notice in Connection with Action to Foreclose. It is recommended to consult with a legal professional or research specific Guam statutes for more accurate and up-to-date information.
