A Kansas Release of Li's Pendent is a legal document that serves to remove a previously recorded Notice of Li's Pendent from the public records. This release is typically filed once a lawsuit or legal dispute has been resolved, providing notice to potential buyers or interested parties that the property is no longer subject to the pending litigation. When a Li's Pendent is initially filed, it implies that there is a claim or lawsuit affecting the title to a particular property. However, once the dispute has been settled, the party who filed the Li's Pendent must file a Release of Li's Pendent to clear the property's title and ensure its marketability. Keywords: Kansas, Release of Li's Pendent, legal document, Notice of Li's Pendent, public records, lawsuit, legal dispute, resolved, pending litigation, claim, property title, settled, marketability. In Kansas, there are different types of Release of Li's Pendent depending on the specific circumstances of the case. These may include: 1. Voluntary Release of Li's Pendent: This type of release is filed voluntarily by the party who initially filed the Li's Pendent. It signifies that the party acknowledges the settlement or resolution of the legal dispute and wishes to remove the cloud on the property title. 2. Court-Ordered Release of Li's Pendent: In some cases, the release of Li's Pendent may be ordered by the court upon the request of one or both parties involved in the lawsuit. This typically occurs when the court determines that the lawsuit no longer affects the property's title and that it is appropriate to remove the Li's Pendent from the public records. 3. Release of Li's Pendent due to Expiration: If a Li's Pendent is filed, but the lawsuit does not progress or is not resolved within a specific period, it may expire. In such cases, a Release of Li's Pendent is filed to notify interested parties that the claim is no longer pending, and the property can be freely transferred or sold. 4. Release of Li's Pendent with Settlement Agreement: When parties reach a settlement agreement to resolve their dispute, a Release of Li's Pendent is often executed and recorded along with the agreement. This type of release provides legal assurance that the dispute has been settled, allowing for the property's title to be cleared. Keywords: Kansas, Release of Li's Pendent, Voluntary Release, Court-Ordered Release, expiration, settlement agreement, legal assurance, resolution, cloud on title.
Kansas Release of Lis Pendens
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How to fill out Kansas Release Of Lis Pendens?
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Lis Pendens is the Latin phrase for pending litigation. More commonly, a lis pendens is referred to as a ?notice of pending action.? Persons who buy or lend on the real estate after a lis pendens has been recorded take the property subject to the claimant's right, if any, to the real estate.
A lis pendens (?suit pending?) is a document which notifies everyone that there is a lawsuit pending regarding a given piece of real estate. The basis for a lis pendens in Missouri is codified in Missouri Statutes.
A Release of Lis Pendens is a counterclaim wherein it provides recourse for defendants pursuing to sell a property. The Release of Lis Pendens Surety Bond ensures to cover the cost of the Lis Pendens to release the property back to the defendant.
(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 ...
A Florida Lis Pendens (which means pending lawsuit) is a tool that is commonly used to notify a third-party of a pending lawsuit against a real estate property, typically with regard to the title or an interest.
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.
(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 ...
