The Riverside California Notice of Pendency of Action, also known as an is pendent, is an official document filed against real property to signify that there is a pending legal action that may affect the ownership or title of the property. This legal notice serves as a warning to prospective buyers or lenders that there is a potential claim or dispute associated with the property. In Riverside California, there are different types of Notices of Pendency of Action that can be filed against real property. They include: 1. Notice of Pendency of Action for Foreclosure: This type of notice is filed when a lender initiates foreclosure proceedings against the property due to the borrower defaulting on their mortgage payments. It informs interested parties that the property is subject to a foreclosure lawsuit. 2. Notice of Pendency of Action for Partition: This notice is filed when co-owners of a property are involved in a dispute or disagreement regarding the division or sale of the property. It notifies interested parties that the property is subject to a lawsuit seeking to partition the property between the co-owners. 3. Notice of Pendency of Action for Quiet Title: This notice is filed to resolve any potential disputes or conflicting claims over the ownership or title of a property. It alerts interested parties that there is a pending legal action seeking to establish clear ownership rights and eliminate any cloud on the property title. 4. Notice of Pendency of Action for Eminent Domain: When a government entity initiates the process of acquiring private property for public use through eminent domain, a notice of pendency of action is filed. It informs interested parties that the property is subject to acquisition proceedings and potential compensation claims. In Riverside California, the Notice of Pendency of Action is typically filed with the county recorder's office where the property is located. This document serves as a public record and can be accessed by anyone reviewing property records or conducting due diligence before purchasing or financing a property. It is important for interested parties, such as potential buyers or lenders, to review the Notice of Pendency of Action carefully and seek legal advice to understand the nature of the pending action, its potential impact on the property, and any potential risks or liabilities associated with the property's ownership or title.
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.