Form Lis Pendens Foreclosure In Franklin
Category:
State:
Multi-State
County:
Franklin
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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"Any real property located in the Borough, whether vacant or occupied, that is in default on a mortgage, has had a lis pendens filed. A lis pendens is the first filing made during the foreclosure process.Barron's Dictionary of Real Estate Terms defines Lis Pendens as Latin for suit pending. The court has placed the most commonly used forms on line as a resource. Please be advised that the forms detailed below are intended to be a guide. To search for Lis Pendens click here. The Answer is your response to the Summons and Complaint and tells the court your defenses or reasons why the mortgage Lender must not win the case. Step 1 requires a filing within three business days after mailing a 90-day pre-foreclosure notice and is designed to capture the most relevant information. Somerset County Lis Pendens Form. Fill in the blank form formatted to comply with all recording and content requirements.
