Pennsylvania Lis Pendens Form With Two Points In Wake
Category:
State:
Multi-State
County:
Wake
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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A lis pendens is a document that is filed in the public records that alerts the world that someone is asserting claim over the property. You do not need permission to file a Notice of Lis Pendens.The Notice is recorded with the county recorder's office. Lis pendens is a notice lenders use when they initiate a foreclosure sale. Pennsylvania Appellate Court stands against treating lis pendens as if it were a preliminary injunction. A lis pendens is a filing only providing notice that a lawsuit involving a dispute over ownership to real estate is being litigated. PETITIONS, MOTIONS AND ANSWERS. 205.2(a). Physical Characteristics of Pleadings and Other Legal Papers. 205.4. A lis pendens is a latin term and is defined as, "a pending legal action, or a notice thereof. " In the real estate world, it means a notice, filed in a court.
