Orlando Florida Notice of Li's Pendent is a legal document that serves as a public notice declaring that a lawsuit has been filed which affects the ownership or rights to a specific property within the Orlando, Florida area. This notice alerts potential buyers or interested parties that there may be a pending legal action that could ultimately impact the property's ownership or its marketability. The purpose of filing a Notice of Li's Pendent is to protect the rights and interests of the plaintiff in a real estate dispute. It ensures that any subsequent buyers or lenders are aware that a legal claim has been initiated, thereby preventing the property's transfer or encumbrance while the lawsuit is ongoing. Once the notice is recorded with the Orange County Clerk of Courts, it becomes a matter of public record. The Notice of Li's Pendent contains vital information including the names of the parties involved, the case number, the court in which the lawsuit was filed, and a legal description of the property in question. This description typically includes the property's address, boundaries, and any relevant legal references such as lot numbers, plat maps, or subdivision names. In Orlando, Florida, there are different types of Notice of Li's Pendent that can be filed. These include: 1. Li's Pendent on a Foreclosure: Filed by a lender or lien holder in cases of mortgage foreclosure, signaling that legal proceedings have commenced against the property owner due to defaulting on their mortgage payments. 2. Li's Pendent on a Contract Dispute: Filed as a result of a breach of contract or disagreement related to the sale or purchase of a property. This type of notice is typically initiated by either the buyer or the seller. 3. Li's Pendent on a Boundary Dispute: Filed when there is a disagreement between adjoining property owners regarding the exact location or boundaries of their respective properties. 4. Li's Pendent on a Construction Dispute: Filed when there is a dispute between a property owner and a contractor relating to construction defects, non-payment, or other issues related to construction or remodeling work done on the property. It is important for anyone involved in real estate transactions in Orlando, Florida to pay close attention to the existence of a Notice of Li's Pendent on a property they are interested in. Failure to acknowledge or address the pending legal action could have consequences that may affect their ownership rights or financial interests. Consulting with a qualified attorney and conducting thorough due diligence is highly recommended ensuring a clear understanding of the implications and potential risks associated with a Li's Pendent filing.