Withdrawal Of Lis Pendens Form For The Foreclosure Process In King
Category:
State:
Multi-State
County:
King
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.
Form popularity
More info
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.Making an agreement: The person who filed the notice and the title owner can settle their dispute and withdraw the notice. There is a process for a lis pendens removal, even if it was properly recorded, so, for example, real estate can be sold or a loan can be taken out against it. The following is a list of fees that must be paid in Supreme Court actions and certain other fees payable to the County Clerk of New York County. You need to have the plaintiff sign a notice of withdrawal of lis pendens. 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.
