Notice of Lis Pendens: This notice lists the parties involved in the cause of action, as well as the property, if any, affected by the case. This notice is filed with the court and serves as contstructive notice to anyone who may want to purchase the property, which is the center of the lawsuit.
A Notice of Li's Pendent is a legal document filed in the Chandler, Arizona court system to notify interested parties about pending litigation related to a property. It serves as a public notice that the property's title is in dispute or subject to litigation. Keywords: Chandler Arizona, Notice of Li's Pendent, property, litigation, title dispute In Chandler, Arizona, there are three main types of Notice of Li's Pendent that can be filed: 1. Li's Pendent for real property: This type of Notice of Li's Pendent is filed when a lawsuit arises regarding the ownership, possession, or any other legal interest in a specific real property in Chandler. It aims to alert potential buyers, creditors, and interested parties that the property's title may be affected by the ongoing legal proceedings. 2. Li's Pendent for foreclosure: A foreclosure Li's Pendent is filed when a lender initiates foreclosure proceedings against a property in Chandler. It signifies that a lawsuit has been filed to recover outstanding mortgage payments and to sell the property to satisfy the debt. This type of notice is essential to notify potential buyers and creditors that the property is facing foreclosure and may be sold at a public auction. 3. Li's Pendent in boundary disputes: Sometimes, disputes between neighboring property owners in Chandler arise regarding boundaries, easements, or rights of way. In such cases, a Notice of Li's Pendent may be filed to inform interested parties that a lawsuit has been initiated to resolve the boundary dispute. It ensures that anyone who contemplates buying or having an interest in any of the involved properties is aware of the ongoing litigation. Regardless of the specific type, a Chandler Arizona Notice of Li's Pendent typically contains essential information, such as the parties involved in the lawsuit, the property's legal description, the court where the litigation is pending, and the case number. This notice acts as a caution to potential buyers or interested parties by informing them of the potential risks associated with acquiring or dealing with the property subject to litigation. It is crucial for anyone interested in a property in Chandler, Arizona, to conduct a thorough title search, including checking for any filed Notices of Li's Pendent. This will provide a comprehensive understanding of any ongoing legal disputes that may affect the property's ownership or any related financial transactions.
