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.
A New Hampshire Li's Pendent Notice in connection with an action to foreclose is an important legal document used in real estate and foreclosure proceedings. It is a public notice that alerts potential buyers, creditors, and interested parties about a pending lawsuit or legal action that could impact the property in question. The purpose of a Li's Pendent Notice is to give notice to the public that a property is involved in a legal case, specifically relating to foreclosure. This ensures that anyone interested in the property is aware of the legal proceedings and potential risks associated with purchasing or investing in it. In New Hampshire, there are several types of Li's Pendent Notices that may be filed in connection with actions to foreclose. These can include: 1. Li's Pendent Notice of Default: This type of notice is typically filed by a mortgage lender or other financial institution to inform the public that the borrower has defaulted on their mortgage payments, leading to foreclosure proceedings. 2. Li's Pendent Notice of Li's Pendent: This notice serves to inform interested parties that a foreclosure lawsuit has been initiated and is pending. It provides relevant details about the case, such as the court where it was filed, the names of the parties involved, and the nature of the foreclosure action. 3. Li's Pendent Notice of Sale: Once a foreclosure lawsuit is underway, and a judgment has been issued, a notice of sale may be filed. This notice informs interested parties that the property will be sold at a public auction or through other means to satisfy the outstanding debt. 4. Li's Pendent Notice of Intention to Cure: In some cases, a borrower may have the right to cure the default by paying the overdue amount, fees, and costs until a certain date before the foreclosure sale occurs. A Li's Pendent Notice of Intention to Cure is filed to inform interested parties of the borrower's intention to cure the default and prevent the foreclosure sale. It's vital to understand the significance of a Li's Pendent Notice if you encounter one related to a property you are interested in. It is recommended to seek legal advice before proceeding with any real estate transactions involving properties with active Li's Pendent Notices. This will help ensure you are well-informed and can make informed decisions.
