Release Of Lis Pendens Meaning In Sacramento
Category:
State:
Multi-State
County:
Sacramento
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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Lis pendens is a formal notice that there is a pending action, or lawsuit, that could affect the title of the property. A lis pendens is an official notice to the public that a lawsuit involving a claim on a property has been filed.A release of lis pendens is a bond covering the cost of the lis of pendens to release the property back to the defendant. To file and record a lis pendens against real estate, the claimant must have made a "real property claim" in the underlying litigation. A lis pendens is a notice that a lawsuit has been filed regarding either a dispute in ownership of real estate or some other claim of interest in the property. In essence, a lis pendens is a notice of pending litigation against a piece of real property, such as a partition action. Lis pendens serves as a formal notice of a pending lawsuit involving real property. Lis Pendens is a term that means "pending lawsuit" and one that is sometimes used in litigation related to real estate property. Payment of Debt: Paying the delinquent bill (including all penalties and costs) will result in a release of the judgment. A Notice of Action, also known as Lis Pendens (Latin for "a suit pending"), may be recorded in a lawsuit that involves title to real property.
