Filing Lis Pendens In New York In Oakland
Category:
State:
Multi-State
County:
Oakland
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.
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Historically known as lis pendens, a notice of pendency constructively gives notice of the ownership dispute to any potential thirdparty. Customer: I need to file a Lis Pendens.I have a lien on a commercial property in downtown Oakland, CA that is not performing. A lis pendens is a legal document filed in New York to give notice of a pending lawsuit involving a particular property. The filing process involves submitting the notice with the county clerk where the real estate is located. 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. Lis pendens is Latin for "suit pending. " A lis pendens is a notice in the recorder's office that is placed on the title of a house or piece of land.
