Release Of Lis Pendens Meaning In Allegheny
Category:
State:
Multi-State
County:
Allegheny
Control #:
US-00403BG
Format:
Word
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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 lenders 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. A person who records a false lis pendens will be subject to the penalty of payment of attorney's fees. A petition to remove the lis pendens from real property may be brought by the defendant when the property is not involved in the lawsuit.
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Lis pendens is a latin term that roughly translates to "notice of a pending legal action". Lis pendens is an official notice to the public that a lawsuit has been filed and a property has a claim against it.Lis Pendens is a legal term meaning "lawsuit pending" and serves as a public notice filed against a property involved in litigation. A lis pendens is a document that is filed in the public records that alerts the world that someone is asserting claim over the property. 1007(l), the praecipe shall not constitute lis pendens as to any real estate not identified or described in the praecipe. A lis pendens is a notice that a lawsuit has been filed regarding either a dispute in ownership of real estate or some other claim of interest in the property. — The petitioner shall file a notice of lis pendens in the office of the recorder of deeds for the county in which the property is located. The term lis pendens is Latin for "lawsuit pending".
