Guam Release of Lis Pendens

• Category: Real Estate - Lis Pendens
• State: Multi-State
• Control #: US-00403BG
• Format: Word

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. Guam is a U.S. territory situated in the western Pacific Ocean. It is an island known for its stunning beaches, rich cultural heritage, and historical significance. This detailed description will focus on the Guam Release of Li's Pendent, providing relevant keywords and information about its types, if any. The Guam Release of Li's Pendent refers to a legal document that serves as a cancellation or removal of a Li's Pendent filed within the jurisdiction of Guam. A Li's Pendent, also known as a Notice of Pending Action, is a written notice publicly recorded to inform interested parties that a legal action has been initiated concerning a particular property. It is commonly filed to protect a claimant's interest in the property until the case is resolved. Keywords: Guam, Release of Li's Pendent, U.S. territory, western Pacific Ocean, beaches, cultural heritage, historical significance, legal document, cancellation, removal, Li's Pendent, Notice of Pending Action, legal action, property, claimant, interested parties, case resolution. Different Types of Guam Release of Li's Pendent: 1. Full Release of Li's Pendent: This type of release document is used when the claimant wants to entirely remove the recorded Li's Pendent from public records. It states that the claim or legal action associated with the property has been fully resolved or dismissed. 2. Partial Release of Li's Pendent: In situations where only certain claims or legal actions regarding the property have been resolved, a partial release of Li's Pendent is filed. This document specifies the specific claims or actions that have been resolved while keeping the remaining Li's Pendent intact. 3. Notice of Settlement and Release of Li's Pendent: When parties involved in a legal dispute reach a settlement agreement concerning the property, they can file a Notice of Settlement and Release of Li's Pendent. This document notifies interested parties that a settlement has been reached, resulting in the release of the Li's Pendent from public records. 4. Order Discharging Li's Pendent: In some instances, a court may issue an order discharging a Li's Pendent if it is determined that the claim or legal action lacks merit, is invalid, or insufficient. This order eliminates the Li's Pendent' effect and ensures its removal from the public records, safeguarding the property's marketability. Keywords: Full Release, Partial Release, Notice of Settlement, Settlement Agreement, Order Discharging Li's Pendent, court, lack of merit, invalid, insufficient, marketability. Understanding the Guam Release of Li's Pendent and its various types is crucial for those involved in property transactions or legal disputes on the island.

Guam is a U.S. territory situated in the western Pacific Ocean. It is an island known for its stunning beaches, rich cultural heritage, and historical significance. This detailed description will focus on the Guam Release of Li's Pendent, providing relevant keywords and information about its types, if any. The Guam Release of Li's Pendent refers to a legal document that serves as a cancellation or removal of a Li's Pendent filed within the jurisdiction of Guam. A Li's Pendent, also known as a Notice of Pending Action, is a written notice publicly recorded to inform interested parties that a legal action has been initiated concerning a particular property. It is commonly filed to protect a claimant's interest in the property until the case is resolved. Keywords: Guam, Release of Li's Pendent, U.S. territory, western Pacific Ocean, beaches, cultural heritage, historical significance, legal document, cancellation, removal, Li's Pendent, Notice of Pending Action, legal action, property, claimant, interested parties, case resolution. Different Types of Guam Release of Li's Pendent: 1. Full Release of Li's Pendent: This type of release document is used when the claimant wants to entirely remove the recorded Li's Pendent from public records. It states that the claim or legal action associated with the property has been fully resolved or dismissed. 2. Partial Release of Li's Pendent: In situations where only certain claims or legal actions regarding the property have been resolved, a partial release of Li's Pendent is filed. This document specifies the specific claims or actions that have been resolved while keeping the remaining Li's Pendent intact. 3. Notice of Settlement and Release of Li's Pendent: When parties involved in a legal dispute reach a settlement agreement concerning the property, they can file a Notice of Settlement and Release of Li's Pendent. This document notifies interested parties that a settlement has been reached, resulting in the release of the Li's Pendent from public records. 4. Order Discharging Li's Pendent: In some instances, a court may issue an order discharging a Li's Pendent if it is determined that the claim or legal action lacks merit, is invalid, or insufficient. This order eliminates the Li's Pendent' effect and ensures its removal from the public records, safeguarding the property's marketability. Keywords: Full Release, Partial Release, Notice of Settlement, Settlement Agreement, Order Discharging Li's Pendent, court, lack of merit, invalid, insufficient, marketability. Understanding the Guam Release of Li's Pendent and its various types is crucial for those involved in property transactions or legal disputes on the island.