This form is a Notice of Pendency Action Against Real Property. The form provides that notice is given to the defendant by the plaintiff of a pendency action. The form also contains an acknowledgment which must be signed in the presence of a notary public.
Simi Valley California Notice of Pendency of Action filed against Real Property is a legal document that serves to notify interested parties about ongoing legal proceedings related to a specific property in Simi Valley, California. This document, commonly referred to as an "is pendent," is recorded with the county recorder's office to provide public notice of a legal action involving the property. A Simi Valley California Notice of Pendency of Action filed against Real Property typically includes important information such as the name of the court where the action was filed, the case number, and the names of the parties involved. It also includes a detailed description of the real property in question, including its legal description, address, and Assessor's Parcel Number (APN). This notice is commonly utilized in various legal actions, including foreclosure proceedings, boundary disputes, partition actions, construction liens, and other similar cases where a party has a claim or interest in the property. The purpose of the notice is to alert potential buyers, lenders, and other interested parties that there is a legal action pending against the property, which may ultimately affect its ownership or encumbrance. Different types of Simi Valley California Notice of Pendency of Action filed against Real Property may include: 1. Foreclosure Li's Pendent: Filed when a lender initiates foreclosure proceedings against a property due to default on mortgage payments. 2. Mechanics' Lien Li's Pendent: Filed when a contractor, subcontractor, or supplier claims an unpaid debt related to construction or repair work performed on the property. 3. Boundary Dispute Li's Pendent: Filed when there is a disagreement or legal action relating to property boundaries between neighboring property owners. 4. Quiet Title Li's Pendent: Filed when a party seeks to establish or resolve ownership disputes over a property. 5. Partition Action Li's Pendent: Filed when co-owners of a property wish to split or sell their shares, and a legal action is initiated to divide or sell the property. It is essential for anyone considering acquiring or dealing with real property in Simi Valley, California, to carefully review any Notice of Pendency of Action filed against the property. Consulting with a qualified real estate attorney or conducting a thorough title search can provide further insights into the specific nature and implications of the action.
