Wisconsin Notice of Lis Pendens in Action to Quiet Title by Person Claiming Title by Adverse Possession - Squatters Rights

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US-01097BG
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Description

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.


Adverse possession is a means by which someone may acquire title to the land of another through certain acts over a defined period of time. Such acts must continue uninterrupted for the time period defined by state laws, which vary by state.


This form is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

Quiet Title Actions are Equitable in Nature For example, in a real property purchase and sale non-disclosure case, or a breach of contract case, an aggrieved party often recovers a sum of money as their damages. These are considered ?legal remedies?. However, quiet title actions are ?equitable? in nature. (Aguayo v.

Adverse possession is one possible theory of ownership that might be asserted within a quiet title action. Adverse possession is one of the only ways to obtain ownership of property other than deed or inheritance.

If the defendants don't respond within a certain period of time, a quiet title is awarded. Adverse possession: Commonly referred to as ?squatters' rights,? adverse possession involves someone openly taking up residence in a property for their use that they don't have legal right to.

The elements of adverse possession include: (1) actual possession; (2) hostile use; (3) open and notorious use; (4) continuous; and (5) exclusive use of property.

Identify and mark your property boundaries. Inspect your land regularly for signs of trespassers. You may want to use ?no trespassing? signs and block entrances with gates. Although many states will not find a ?no trespassing? sign sufficient to prevent an adverse possession claim, it's a good way to deter trespassers.

The term ?quiet title? generally refers to any lawsuit that attempts to confirm ownership, fix a title error, or settle an ownership dispute. The end result of a quiet title lawsuit is a court order clarifying or confirming who owns the subject property. In other words, a quiet title fixes the chain of title.

An action of adverse possession or "quiet title" is referred to as a declaration of interest in real property. This legal action is a correction to clarify existing property interests and is exempt from a transfer fee under state law (sec. 77.25(3), Wis. Stats.)

A lis pendens simply alerts 3rd parties to judicial proceedings involving real estate. It does not create an encumbrance on the property.

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Wisconsin Notice of Lis Pendens in Action to Quiet Title by Person Claiming Title by Adverse Possession - Squatters Rights