Filing Lis Pendens In South Carolina 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

SOUTH CAROLINA Final judgments create a lien upon real estate for a period of ten years. S.C. Code Ann. § 15-35-810.

If you have won a civil lawsuit in South Carolina, your judgment will be valid for 10 years from the date the judgment is entered. However, if you have won a lawsuit in a court outside of South Carolina, you must “domesticate” the judgment.

If filed more than 20 days before the filing of the complaint, the lis pendens is automatically invalid. Service of the lis pendens must be made within 60 days after the date of its filing or it will be rendered invalid.

The reason for a Lis Pendens is to alert the world that the house is subject to legal action. That means the house is "frozen" or cannot be sold, refinanced, transferred, until the lawsuit is settled, or the case is tried with a final judgment signed by the judge.

Expunging a Lis Pendens This can happen if the party believes that the lis pendens was improperly filed or if the underlying lawsuit has been resolved. Court Hearing: If a party seeks expungement, the court will conduct a hearing to determine whether the lis pendens should be canceled.

When the summons is published or served as above provided the notice of the pendency of the action shall constitute notice for only five years from the date of the filing of such notice, and, in order to provide constructive notice to a purchaser or encumbrancer of the property affected thereby after such five-year ...

File a request with the court to remove the lis pendens. Provide the legal reasons the lis pendens is improper, offering proof, for example, that the lis pendens affects real estate that is not connected to the litigation. If the lawsuit is frivolous and merely intended to harass the property owner, offer proof.

More info

You will need a Complaint and Summons and you must pay the filing fee. Visit your county recorder's office and ask to file a Notice of Lis Pendens.A lis pendens is not a mechanics lien, but it is often required as part of the lien process. Remember that a lis pendens is a notice of a pending lawsuit. A notice of lis pendens under Illinois law for filing in the public records (the office of the county recorder) to provide constructive notice to third parties. Lis pendens is a longstanding, frequently misunderstood doctrine concerning unorthodox interests in real estate. The notice of the pendency of the action shall constitute notice for only five years from the date of the filing of such notice. Lis pendens is a notice lenders use when they initiate a foreclosure sale. South Carolina follows a judicial foreclosure procedure. A lis pendens is recorded on the title of the home, just like any other lien or mortgage.

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Filing Lis Pendens In South Carolina In Chicago