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.
Indiana Li's Pendent Notice in Connection with Action to Foreclose is a legal document that serves as a public notice informing interested parties of pending legal action to foreclose on a property in Indiana. It alerts potential buyers, lenders, and other parties of the existence of a lawsuit regarding the property's ownership or rights. Keywords: Indiana, Li's Pendent Notice, Action to Foreclose, legal document, public notice, pending legal action, foreclose property, interested parties, lawsuit, ownership rights. Different types of Indiana Li's Pendent Notices in Connection with Action to Foreclose include: 1. Residential Li's Pendent Notice: This type of notice is filed when a residential property is being foreclosed upon. It applies to properties such as single-family homes, condos, townhouses, or any dwelling primarily used for residential purposes. 2. Commercial Li's Pendent Notice: When a commercial property, such as an office building, retail space, or industrial facility, is the subject of a foreclosure action, a commercial Li's Pendent Notice is filed to alert potential buyers or interested parties. 3. Agricultural Li's Pendent Notice: If the property in question is agricultural land or a farm, an agricultural Li's Pendent Notice is filed. This notice specifically denotes that the foreclosure action pertains to a property primarily utilized for farming or agricultural purposes. 4. Vacant Property Li's Pendent Notice: In instances where the property being foreclosed upon is vacant or abandoned, a vacant property Li's Pendent Notice is filed. This notice informs interested parties that the foreclosure action pertains to a property lacking occupants or regular use. It's important to note that these are general types of Li's Pendent Notices that can be used in various foreclosure actions in Indiana. The specific circumstances and property type involved will determine which type of notice is filed.
