Pennsylvania Lis Pendens Notice

• Category: Real Estate - Lis Pendens
• State: Multi-State
• Control #: US-01067
• Format: Word; Rich Text

Description

A lis pendens is a written notice of a pending lawsuit involving property. Plaintiff files this lis pendens in order to place defendant on notice that a lien is being sought to compel defendants to convey legal title to the described mineral interest based on the fact that the plaintiff has paid to purchase the interest. The form also contains a Certificate of Service stating that the attorney for the plaintiff has forwarded a correct copy of the document by U.S. Mail. A Pennsylvania Li's Pendent Notice is a legal document that provides public notice of a pending lawsuit involving a real estate property. This notice is filed in the county where the property is located and serves as a warning to potential buyers or lenders that there is an ongoing legal dispute over the property. The term "Li's Pendent" is derived from Latin and means "pending lawsuit." It is commonly used to refer to a notice of a pending lawsuit that involves real estate. Filing a Li's Pendent Notice is an important legal step for a party seeking to protect their interests in a property during a legal dispute. In Pennsylvania, there are two main types of Li's Pendent Notices that can be filed: 1. General Li's Pendent: This type of notice is filed to provide notice of any pending lawsuit involving a real estate property. It is used when a lawsuit affects the title or ownership of the property, such as disputes over ownership, foreclosure actions, partition suits, or enforcement of liens. 2. Specific Performance Li's Pendent: This type of notice is filed when parties seek to enforce a specific performance contract regarding a real estate property. It is often used in situations where one party is seeking to force another party to complete a real estate transaction according to the terms of a contract. The purpose of filing a Pennsylvania Li's Pendent Notice is to create a public record of the pending lawsuit and inform potential buyers, lenders, or creditors of the property's legal status. By doing so, it helps to prevent the property from being sold or transferred during the lawsuit without the knowledge and consent of all parties involved. In summary, a Pennsylvania Li's Pendent Notice is a legal document that serves to provide public notice of a pending lawsuit involving a real estate property. It is an essential tool for parties seeking to protect their interests in the property during a legal dispute. The two main types of Li's Pendent Notices in Pennsylvania are the general Li's Pendent and the specific performance Li's Pendent, each serving a distinct purpose within the realm of real estate litigation.

A Pennsylvania Li's Pendent Notice is a legal document that provides public notice of a pending lawsuit involving a real estate property. This notice is filed in the county where the property is located and serves as a warning to potential buyers or lenders that there is an ongoing legal dispute over the property. The term "Li's Pendent" is derived from Latin and means "pending lawsuit." It is commonly used to refer to a notice of a pending lawsuit that involves real estate. Filing a Li's Pendent Notice is an important legal step for a party seeking to protect their interests in a property during a legal dispute. In Pennsylvania, there are two main types of Li's Pendent Notices that can be filed: 1. General Li's Pendent: This type of notice is filed to provide notice of any pending lawsuit involving a real estate property. It is used when a lawsuit affects the title or ownership of the property, such as disputes over ownership, foreclosure actions, partition suits, or enforcement of liens. 2. Specific Performance Li's Pendent: This type of notice is filed when parties seek to enforce a specific performance contract regarding a real estate property. It is often used in situations where one party is seeking to force another party to complete a real estate transaction according to the terms of a contract. The purpose of filing a Pennsylvania Li's Pendent Notice is to create a public record of the pending lawsuit and inform potential buyers, lenders, or creditors of the property's legal status. By doing so, it helps to prevent the property from being sold or transferred during the lawsuit without the knowledge and consent of all parties involved. In summary, a Pennsylvania Li's Pendent Notice is a legal document that serves to provide public notice of a pending lawsuit involving a real estate property. It is an essential tool for parties seeking to protect their interests in the property during a legal dispute. The two main types of Li's Pendent Notices in Pennsylvania are the general Li's Pendent and the specific performance Li's Pendent, each serving a distinct purpose within the realm of real estate litigation.