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.
Keywords: Wake North Carolina, Notice of Li's Pendent, Action to Quiet Title, Person Claiming Title, Adverse Possession, Squatters Rights. Description: A Wake North Carolina Notice of Li's Pendent in Action to Quiet Title by Person Claiming Title by Adverse Possession — Squatters Rights is a legal document that serves as a public notice of pending litigation regarding the ownership of a property. It is commonly used by individuals who believe they have acquired ownership rights through the legal concept of adverse possession, often referred to as "squatters rights." Adverse possession is a legal doctrine that allows a person to claim ownership of a property without having obtained the title through traditional means, such as buying or inheriting it. In order to establish adverse possession, certain requirements must be met, including open and notorious possession, continuous use of the property, exclusivity, and a time period legally specified by the state. When an individual claiming adverse possession wishes to formally assert their rights in Wake County, North Carolina, they file a Notice of Li's Pendent in Action to Quiet Title. This notice is placed on public record, usually with the County Clerk's Office, and serves to alert potential buyers, lenders, or other interested parties that a legal action is underway that may affect the title or ownership of the property. The Notice of Li's Pendent contains detailed information about the legal action, including the parties involved, the property description, and the nature of the claim being asserted. It notifies all interested parties that there is a dispute regarding the property's ownership and urges them to conduct further research before entering into any transactions involving the property. Types of Wake North Carolina Notice of Li's Pendent in Action to Quiet Title by Person Claiming Title by Adverse Possession — Squatters Rights: 1. Residential Property Claim: This type of notice is filed when an individual claims adverse possession on a residential property. It could be a house, condominium, or any other type of residential dwelling. 2. Vacant Land Claim: This notice is filed when an individual claims adverse possession on a piece of vacant land or undeveloped property. 3. Commercial Property Claim: This type of notice is filed when an individual claims adverse possession on a commercial property, such as office buildings, warehouses, or retail spaces. 4. Multi-Unit Property Claim: When an individual claims adverse possession on a property containing multiple residential units or a mix of residential and commercial units, a separate notice can be filed to address this specific situation. It is important to note that the filing of a Notice of Li's Pendent does not guarantee success in claiming adverse possession. The legal process to obtain title through adverse possession can be complex and requires meeting several legal criteria established by state law. Therefore, individuals pursuing adverse possession claims should seek legal advice to better understand the specific requirements and potential challenges they may face in Wake County, North Carolina.
