File Notice Lis Pendens Without Notice In Chicago

State:
Multi-State
City:
Chicago
Control #:
US-00403BG
Format:
Word
Instant download

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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FAQ

30 As will be shown, Illinois courts, despite the literal text of the Act, have consistently held that taking without notice is not alone sufficient and have added a requirement that subsequent purchasers also record. Therefore, by statutory legislation, Illinois should be classified as a pure-notice state.

• Any action or proceeding which is pending in any court of law is. said to be lis pendens. • The maxim representing this doctrine means that 'during the. pendency of litigation, nothing new should be introduced and to maintain the status quo, to abstain from doing anything which may affect any party to the litigation.

Document recording is accepted in person or via US Mail or courier. Only original documents bearing actual signatures may be recorded. Faxed documents cannot be accepted.

Sign the deed before a notary public. The grantor must sign the document in front of the notary. Have the deed notarized by the notary public, who will acknowledge the grantor's signature. Record the quit claim deed with the county recorder's office where the property is located to make the transfer official.

At any time during the pendency of an action or proceeding initiated after July 1, 1959, which is constructive notice, the court, upon motion, may for good cause shown, provided a finding of specific performance is not necessary for final judgment in the action or proceeding, and upon such terms and conditions, ...

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File Notice Lis Pendens Without Notice In Chicago