File Notice Lis Pendens Foreclosure In Washington

State:
Multi-State
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.

Form popularity

More info

A lis pendens is a legal document filed in public records to notify interested parties that a lawsuit involving a particular property is pending. (a) Record a notice in the form described in subsection (2) of this section in the office of the auditor in each county in which the deed of trust is recorded;.A lis pendens is not a mechanics lien, but it is often required as part of the lien process. Remember that a lis pendens is a notice of a pending lawsuit. It can be scary when you receive a foreclosure notice. Learn what yours means and what you can do about it with help from Nadia Kilburn. This notice establishes the date, time and place of the foreclosure auction. It can take up to 12 months to complete a foreclosure, depending upon the state. Lis pendens is a notice lenders use when they initiate a foreclosure sale. To file and record a lis pendens against real estate, the claimant must have made a "real property claim" in the underlying litigation.

Trusted and secure by over 3 million people of the world’s leading companies

File Notice Lis Pendens Foreclosure In Washington