Kansas 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. A Kansas Release of Li's Pendent is a legal document that serves to remove a previously recorded Notice of Li's Pendent from the public records. This release is typically filed once a lawsuit or legal dispute has been resolved, providing notice to potential buyers or interested parties that the property is no longer subject to the pending litigation. When a Li's Pendent is initially filed, it implies that there is a claim or lawsuit affecting the title to a particular property. However, once the dispute has been settled, the party who filed the Li's Pendent must file a Release of Li's Pendent to clear the property's title and ensure its marketability. Keywords: Kansas, Release of Li's Pendent, legal document, Notice of Li's Pendent, public records, lawsuit, legal dispute, resolved, pending litigation, claim, property title, settled, marketability. In Kansas, there are different types of Release of Li's Pendent depending on the specific circumstances of the case. These may include: 1. Voluntary Release of Li's Pendent: This type of release is filed voluntarily by the party who initially filed the Li's Pendent. It signifies that the party acknowledges the settlement or resolution of the legal dispute and wishes to remove the cloud on the property title. 2. Court-Ordered Release of Li's Pendent: In some cases, the release of Li's Pendent may be ordered by the court upon the request of one or both parties involved in the lawsuit. This typically occurs when the court determines that the lawsuit no longer affects the property's title and that it is appropriate to remove the Li's Pendent from the public records. 3. Release of Li's Pendent due to Expiration: If a Li's Pendent is filed, but the lawsuit does not progress or is not resolved within a specific period, it may expire. In such cases, a Release of Li's Pendent is filed to notify interested parties that the claim is no longer pending, and the property can be freely transferred or sold. 4. Release of Li's Pendent with Settlement Agreement: When parties reach a settlement agreement to resolve their dispute, a Release of Li's Pendent is often executed and recorded along with the agreement. This type of release provides legal assurance that the dispute has been settled, allowing for the property's title to be cleared. Keywords: Kansas, Release of Li's Pendent, Voluntary Release, Court-Ordered Release, expiration, settlement agreement, legal assurance, resolution, cloud on title.

A Kansas Release of Li's Pendent is a legal document that serves to remove a previously recorded Notice of Li's Pendent from the public records. This release is typically filed once a lawsuit or legal dispute has been resolved, providing notice to potential buyers or interested parties that the property is no longer subject to the pending litigation. When a Li's Pendent is initially filed, it implies that there is a claim or lawsuit affecting the title to a particular property. However, once the dispute has been settled, the party who filed the Li's Pendent must file a Release of Li's Pendent to clear the property's title and ensure its marketability. Keywords: Kansas, Release of Li's Pendent, legal document, Notice of Li's Pendent, public records, lawsuit, legal dispute, resolved, pending litigation, claim, property title, settled, marketability. In Kansas, there are different types of Release of Li's Pendent depending on the specific circumstances of the case. These may include: 1. Voluntary Release of Li's Pendent: This type of release is filed voluntarily by the party who initially filed the Li's Pendent. It signifies that the party acknowledges the settlement or resolution of the legal dispute and wishes to remove the cloud on the property title. 2. Court-Ordered Release of Li's Pendent: In some cases, the release of Li's Pendent may be ordered by the court upon the request of one or both parties involved in the lawsuit. This typically occurs when the court determines that the lawsuit no longer affects the property's title and that it is appropriate to remove the Li's Pendent from the public records. 3. Release of Li's Pendent due to Expiration: If a Li's Pendent is filed, but the lawsuit does not progress or is not resolved within a specific period, it may expire. In such cases, a Release of Li's Pendent is filed to notify interested parties that the claim is no longer pending, and the property can be freely transferred or sold. 4. Release of Li's Pendent with Settlement Agreement: When parties reach a settlement agreement to resolve their dispute, a Release of Li's Pendent is often executed and recorded along with the agreement. This type of release provides legal assurance that the dispute has been settled, allowing for the property's title to be cleared. Keywords: Kansas, Release of Li's Pendent, Voluntary Release, Court-Ordered Release, expiration, settlement agreement, legal assurance, resolution, cloud on title.