File Notice Lis Pendens Foreclosure In King
Category:
State:
Multi-State
County:
King
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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Historically known as lis pendens, a notice of pendency constructively gives notice of the ownership dispute to any potential thirdparty. 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. A notice of pendency, also known as lis pendens, is a provisional remedy available to litigants seeking a judgment that affects title to real property. 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. A notice of pendency is a provisional remedy available to litigants seeking a judgment that affects title to real property. Lis pendens is a notice lenders use when they initiate a foreclosure sale. â–« Notice of Lis Pendens: Document filed with the County Clerk to serve as public notice of filing of foreclosure case. A lis pendens is a public document that's filed with the county clerk at the same time that your lender files your public foreclosure complaint.
