A lis pendens is a written notice of a pending suit usually involving property. This form states that the creditor released the debtor from any and all claims which he/she may have had in any realty owned by the debtor. The county clerk is instructed to mark the lis pendens and the lien as being fully satisfied.
In Fulton County, Georgia, a Release of Li's Pendent and Claim of Lien are legal actions that impact property ownership. These actions involve different processes and purposes, and understanding them is crucial for property owners, buyers, and real estate professionals. This comprehensive guide offers detailed information about the Fulton Georgia Release of Li's Pendent and Claim of Lien, their types, and the specific keywords related to each type. 1. Fulton Georgia Release of Li's Pendent: A Release of Li's Pendent is a legal document filed with the Fulton County Clerk's Office to officially remove a previously recorded Li's Pendent from the County's property records. A Li's Pendent, also known as a Notice of Pending Action, is filed during ongoing litigation to notify potential buyers or lenders about a pending lawsuit affecting the property. Types of Fulton Georgia Release of Li's Pendent: a. Voluntary Release of Li's Pendent: This release occurs when the party who initially filed the Li's Pendent voluntarily withdraws the notice. It signifies that the litigation or legal dispute related to the property has been resolved or abandoned. b. Court-Ordered Release of Li's Pendent: This release is issued by the court when the litigation related to the Li's Pendent has been resolved or dismissed. It is typically ordered after a judge makes a final determination on the lawsuit. Keywords relevant to Fulton Georgia Release of Li's Pendent: — Fulton County Release of Lis Pendent Li'sis Pendens removal Fulton Georgia - Voluntary release of Li's Pendent Fulton County — Court-ordered release of Li's Pendent Fulton County RemovingLi'sis Pendens in Fulton County 2. Fulton Georgia Claim of Lien: A Claim of Lien is a legal action taken by a party who claims a financial interest in a property due to non-payment or unresolved debts. This document is filed with the Fulton County Clerk's Office to create a public record of the claim and encumber the property's title until the debt is satisfactorily resolved. Types of Fulton Georgia Claim of Lien: a. Mechanics' and Material men's Lien: This type of lien is filed by contractors, subcontractors, suppliers, or laborers who have performed work or provided materials for the improvement or construction of the property but haven't received full payment. b. HOA/Condominium Association Lien: Homeowners' Associations (Has) or Condominium Associations may file a lien against a property when a homeowner fails to pay fees, assessments, or other dues. c. Tax Lien: The Fulton County Tax Commissioner may place a lien on a property for non-payment of property taxes. These liens take priority over all other types of liens and can result in foreclosure if left unresolved. Keywords relevant to Fulton Georgia Claim of Lien: — Fulton County Claim of Lie— - Mechanics' and Material men's Lien Fulton Georgia — HOA/Condominium Association Lien Fulton County — Fulton County Tax Lie— - Filing a lien in Fulton Georgia Whether dealing with a Release of Li's Pendent or a Claim of Lien in Fulton County, Georgia, it is advisable to consult with a knowledgeable real estate attorney to ensure proper understanding and compliance with the necessary procedures.In Fulton County, Georgia, a Release of Li's Pendent and Claim of Lien are legal actions that impact property ownership. These actions involve different processes and purposes, and understanding them is crucial for property owners, buyers, and real estate professionals. This comprehensive guide offers detailed information about the Fulton Georgia Release of Li's Pendent and Claim of Lien, their types, and the specific keywords related to each type. 1. Fulton Georgia Release of Li's Pendent: A Release of Li's Pendent is a legal document filed with the Fulton County Clerk's Office to officially remove a previously recorded Li's Pendent from the County's property records. A Li's Pendent, also known as a Notice of Pending Action, is filed during ongoing litigation to notify potential buyers or lenders about a pending lawsuit affecting the property. Types of Fulton Georgia Release of Li's Pendent: a. Voluntary Release of Li's Pendent: This release occurs when the party who initially filed the Li's Pendent voluntarily withdraws the notice. It signifies that the litigation or legal dispute related to the property has been resolved or abandoned. b. Court-Ordered Release of Li's Pendent: This release is issued by the court when the litigation related to the Li's Pendent has been resolved or dismissed. It is typically ordered after a judge makes a final determination on the lawsuit. Keywords relevant to Fulton Georgia Release of Li's Pendent: — Fulton County Release of Lis Pendent Li'sis Pendens removal Fulton Georgia - Voluntary release of Li's Pendent Fulton County — Court-ordered release of Li's Pendent Fulton County RemovingLi'sis Pendens in Fulton County 2. Fulton Georgia Claim of Lien: A Claim of Lien is a legal action taken by a party who claims a financial interest in a property due to non-payment or unresolved debts. This document is filed with the Fulton County Clerk's Office to create a public record of the claim and encumber the property's title until the debt is satisfactorily resolved. Types of Fulton Georgia Claim of Lien: a. Mechanics' and Material men's Lien: This type of lien is filed by contractors, subcontractors, suppliers, or laborers who have performed work or provided materials for the improvement or construction of the property but haven't received full payment. b. HOA/Condominium Association Lien: Homeowners' Associations (Has) or Condominium Associations may file a lien against a property when a homeowner fails to pay fees, assessments, or other dues. c. Tax Lien: The Fulton County Tax Commissioner may place a lien on a property for non-payment of property taxes. These liens take priority over all other types of liens and can result in foreclosure if left unresolved. Keywords relevant to Fulton Georgia Claim of Lien: — Fulton County Claim of Lie— - Mechanics' and Material men's Lien Fulton Georgia — HOA/Condominium Association Lien Fulton County — Fulton County Tax Lie— - Filing a lien in Fulton Georgia Whether dealing with a Release of Li's Pendent or a Claim of Lien in Fulton County, Georgia, it is advisable to consult with a knowledgeable real estate attorney to ensure proper understanding and compliance with the necessary procedures.
