Lakeland Florida Notice of Li's Pendent is a legal document filed in the public records of Polk County when a lawsuit involving real estate is pending. It serves as a notice to potential buyers or any interested party that there is a legal dispute concerning the property in question and alerts them to the possibility of a claim or encumbrance on the property's title. A Notice of Li's Pendent in Lakeland Florida contains vital information such as the names of the parties involved in the lawsuit, the case number, the court where the case is being heard, and a legal description of the property. This notice prevents the property owner from selling or mortgaging the property during the litigation process, ensuring that any judgment or settlement in the lawsuit can potentially be enforced against the property. In Lakeland Florida, there are different types of Notices of Li's Pendent depending on the nature of the lawsuit. Some common types include: 1. Foreclosure Li's Pendent: Filed by a lender or lien holder when initiating a foreclosure action on a property due to default on a mortgage or lien. 2. Partition Li's Pendent: Filed when co-owners of a property disagree on its division and seek the court's involvement to force a sale or division of the property. 3. Quiet Title Li's Pendent: Filed to clarify ownership disputes or defects in the title of a property and establish clear title. 4. Construction Lien Li's Pendent: Filed by contractors, subcontractors, or suppliers seeking to enforce a claim for unpaid work or materials used in the construction or improvement of a property. 5. Eminent Domain Li's Pendent: Filed when the government initiates a condemnation or acquisition action to acquire a property for public use, such as road expansion or infrastructure development. Lakeland Florida Notice of Li's Pendent plays a crucial role in protecting the rights of all parties involved in a real estate dispute. It serves as a public record notice, ensuring that potential buyers or parties interested in the property are aware of its legal status. This document ensures transparency and helps avoid fraudulent activities associated with the sale or encumbrance of the property.