File Notice Lis Pendens Foreclosed In Suffolk
Category:
State:
Multi-State
County:
Suffolk
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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Notice of Lis Pendens. Lis pendens simply means that a suit is pending in Latin.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. Forms ; Complaint Verification. PDF ; Summons with Notice. 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. State law requires a lis pendens to be served on the property owner within 30 days after its recording. In New York, foreclosure proceedings can take about 455 days (or 15 months) on average, depending on how you respond to the lawsuit. I certainly understand the situation and your concern.
