Lis Pendens Notice: Lis Pendens is a court-recorded notice of filing a suit for non-payment of a mortgage. This is the first notification of mortgage default and the beginning of the term Foreclosure. This form is available in both Word and Rich Text formats.
Fort Lauderdale, Florida Li's Pendent Notice is a legal document filed in the Broward County Clerk of Court's office that provides public notice of a pending lawsuit or foreclosure action against a property located in Fort Lauderdale, Florida. The term "Li's Pendent" is a Latin phrase that translates to "pending litigation." This notice serves as a warning to potential buyers or interested parties that a property is involved in a legal dispute, which may affect its marketability or ownership rights. The Fort Lauderdale Li's Pendent Notice is an essential tool for parties involved in real estate transactions, as it alerts them to the existence of a lawsuit or foreclosure proceeding associated with a specific property. By filing a Li's Pendent, the party initiating the legal action asserts their claim against the property, indicating an encumbrance or potential impediment to its transfer or sale. Some common types of Fort Lauderdale Florida Li's Pendent Notices include: 1. Divorce Li's Pendent: This type of Li's Pendent notice is filed when a property's ownership is in dispute due to a divorce or separation proceedings. It serves to notify interested parties that the property's ownership rights are a subject of litigation and may be affected by the outcome of the divorce case. 2. Foreclosure Li's Pendent: When a property owner fails to make mortgage payments, the lender can initiate foreclosure proceedings. A foreclosure Li's Pendent notice is filed to notify potential buyers or lien holders that the property is in the process of being foreclosed upon and may be sold at a public auction. 3. Construction Li's Pendent: Contractors, subcontractors, or suppliers who have not been fully compensated for work done on a property can file a construction Li's Pendent to preserve their right to claim payment. This notice serves as a warning to potential buyers or lenders that there may be outstanding financial obligations associated with the property. It is important to note that once a Li's Pendent Notice is filed, it becomes a public record and is typically recorded in the county where the property is located. Interested parties can access this information through the Broward County Clerk of Court's office or online portals. In conclusion, a Fort Lauderdale, Florida Li's Pendent Notice is a public notice filed in the Broward County Clerk of Court's office that alerts potential buyers or interested parties about a pending lawsuit or foreclosure action associated with a property in Fort Lauderdale, Florida. Different types of Li's Pendent Notices include divorce Li's Pendent, foreclosure Li's Pendent, and construction Li's Pendent. These notices play a crucial role in providing transparency and protecting the interests of all parties involved in real estate transactions in Fort Lauderdale, Florida.Fort Lauderdale, Florida Li's Pendent Notice is a legal document filed in the Broward County Clerk of Court's office that provides public notice of a pending lawsuit or foreclosure action against a property located in Fort Lauderdale, Florida. The term "Li's Pendent" is a Latin phrase that translates to "pending litigation." This notice serves as a warning to potential buyers or interested parties that a property is involved in a legal dispute, which may affect its marketability or ownership rights. The Fort Lauderdale Li's Pendent Notice is an essential tool for parties involved in real estate transactions, as it alerts them to the existence of a lawsuit or foreclosure proceeding associated with a specific property. By filing a Li's Pendent, the party initiating the legal action asserts their claim against the property, indicating an encumbrance or potential impediment to its transfer or sale. Some common types of Fort Lauderdale Florida Li's Pendent Notices include: 1. Divorce Li's Pendent: This type of Li's Pendent notice is filed when a property's ownership is in dispute due to a divorce or separation proceedings. It serves to notify interested parties that the property's ownership rights are a subject of litigation and may be affected by the outcome of the divorce case. 2. Foreclosure Li's Pendent: When a property owner fails to make mortgage payments, the lender can initiate foreclosure proceedings. A foreclosure Li's Pendent notice is filed to notify potential buyers or lien holders that the property is in the process of being foreclosed upon and may be sold at a public auction. 3. Construction Li's Pendent: Contractors, subcontractors, or suppliers who have not been fully compensated for work done on a property can file a construction Li's Pendent to preserve their right to claim payment. This notice serves as a warning to potential buyers or lenders that there may be outstanding financial obligations associated with the property. It is important to note that once a Li's Pendent Notice is filed, it becomes a public record and is typically recorded in the county where the property is located. Interested parties can access this information through the Broward County Clerk of Court's office or online portals. In conclusion, a Fort Lauderdale, Florida Li's Pendent Notice is a public notice filed in the Broward County Clerk of Court's office that alerts potential buyers or interested parties about a pending lawsuit or foreclosure action associated with a property in Fort Lauderdale, Florida. Different types of Li's Pendent Notices include divorce Li's Pendent, foreclosure Li's Pendent, and construction Li's Pendent. These notices play a crucial role in providing transparency and protecting the interests of all parties involved in real estate transactions in Fort Lauderdale, Florida.
