Lis Pendens Release Form With Notice In Florida
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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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Next, provide a description of the real estate involved in the suit. Timely filing and service of release can be crucial.(Florida Release of Lis Pendens Package includes form, guidelines, and completed example) A lis pendens is a common tool used in Florida to put third parties on notice of a pending lawsuit against real estate. The lis pendens should be recorded in the public records in the county where the property that is the subject of the foreclosure action is located.
