Lis Pendens Release Form With Lien In Michigan
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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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This order does not take effect and the lien is not released until the owner of the above property files this order with the agency stated above. This page breaks down the rules, requirements, and deadlines you need to follow to file a Michigan mechanics lien.A notice of lis pendens is a legal document recorded in the chain of title to real property at the local register of deeds that gives notice to everyone. The process for bonding off a construction lien in Michigan generally involves posting a surety bond for twice the lien amount with the county clerk. When the case is settled or abandoned it is prudent to release the lis pendens document.
