US Legal Forms
Mississippi Lis Pendens Notice

Lis Pendens Mississippi

Name: Mississippi Lis Pendens Notice
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.77 (265 reviews)

Category:

Mississippi Real Estate - Lis Pendens

State:

Mississippi

Control #:

MS-60994

Format:

Instant download

Description Mississippi Lis Pendens Notice

Lis Pendens Notice: This is a Mississippi form that complies with all Mississippi codes and statutes. A Lis Pendens Notice is used to inform the public through court records that an encumbrance of some sort is attached to certain property. USLF amends and updates the forms as is needed in accordance with all state statutes.

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How to fill out Mississippi Lis Pendens Notice?

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Mississippi Lis Other Form Names

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Mississippi Lis Form FAQ

Lis pendens provides constructive notice, or a warning, to prospective homebuyers that the ownership of a property is in dispute and there is litigation pending. Lis pendens can only be filed if a claim is related specifically to the property.

The lis pendens can be removed once the lawsuit is settled and the court has ruled on an outcome. It might also be resolved on its own if an agreement is reached between the title owner and whoever filed the complaint. If the claim was wrongfully filed, the lis pendens will be expunged.

The doctrine of lis pendens literally means pending suit, and lis pendens notices are the machinery whereby a party with an unrecorded or unperfected claim to real property can put third persons interested in the property on notice of the claim or interest.

The recording of a lis pendens creates a cloud on title which notifies interested parties of the pending claims against the subject property. The presence of a recorded lis pendens can make it nearly impossible to finance, refinance or sell the subject property until the lis pendens has been removed.

Lis Pendens Mississippi

Description Mississippi Lis Pendens Notice

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How to fill out Mississippi Lis Pendens Notice?

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Mississippi Lis Other Form Names

Mississippi Lis Form FAQ

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