A Daly City California Notice of Pendency of Action is a legal document filed against real property to provide public notice that a legal action has been initiated involving that property. This notice is meant to prevent any additional legal actions or transactions involving the property until the pending action is resolved. The purpose of the Notice of Pendency of Action filed against Real Property is to alert interested parties, potential buyers, lenders, and anyone else involved in real estate transactions about the legal issues surrounding the property. The different types of Daly City California Notice of Pendency of Action filed against Real Property may include: 1. Li's Pendent: This type of notice is filed in cases where a lawsuit is pending that affects the title or ownership of the property. It notifies potential buyers or lenders that there is a claim or dispute regarding the property. 2. Foreclosure Pendency Notice: This notice is filed when a foreclosure action is initiated against the property. It warns any prospective buyers or lenders about the pending foreclosure and advises them to exercise caution before engaging in any transactions involving the property. 3. Quiet Title Pendency Notice: This notice is filed when there is a dispute or cloud on the property's title, typically due to competing ownership claims or conflicting property interests. It informs interested parties about the ongoing legal proceedings and advises them to exercise diligence in any dealings related to the property. 4. Mechanic's Lien Pendency Notice: This notice is filed when a contractor or supplier seeks to enforce payment for services or materials provided for the improvement of the property. It serves as a warning to potential buyers or lenders that a lien has been claimed against the property and caution is advised in any transactions involving the property until the lien is resolved. The filing of a Daly City California Notice of Pendency of Action against Real Property is an important step in protecting the rights and interests of those involved in legal proceedings related to real estate. It serves as a public record that informs interested parties about the pending action and advises them to proceed with caution to avoid potential legal complications.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.