Elizabeth New Jersey Discharge of Li's Pendent is a legal process used to remove or release a specific claim or lawsuit filed against a property in Elizabeth, New Jersey. It is aimed at clearing the title of a property and ensuring that there are now pending legal disputes or claims that may affect the property's marketability. A Li's Pendent is a notice filed by a plaintiff in a lawsuit to inform potential buyers or lenders that there is a pending legal action that may affect the property's ownership. The Discharge of Li's Pendent, on the other hand, is a document filed to officially release or remove the Li's Pendent, thereby indicating that the legal action has been resolved or dismissed. In Elizabeth, New Jersey, there are two main types of Discharge of Li's Pendent: 1. Voluntary Discharge of Li's Pendent: This type occurs when the party who filed the original Li's Pendent voluntarily withdraws or dismisses the legal action against the property. It signifies that the dispute or claim has been resolved, often through a settlement, court decision, or agreement between the parties involved. Once the Discharge of Li's Pendent is filed with the appropriate county clerk's office, the property's title is no longer affected by the prior legal action. 2. Court-Ordered Discharge of Li's Pendent: In some cases, a judge may order the Discharge of Li's Pendent when it is determined that the original Li's Pendent was filed improperly or when the litigation is terminated. This type of discharge is typically initiated by the defendant or property owner, who requests the court to review the case and release the Li's Pendent. Once the court issues the order, the Discharge of Li's Pendent is filed with the county clerk to clear the property's title. In summary, Elizabeth New Jersey Discharge of Li's Pendent is a legal process that removes the claim or lawsuit filed against a property in Elizabeth, New Jersey, ensuring the property's marketability. The two main types include voluntary discharge, initiated by the party who filed the original Li's Pendent, and court-ordered discharge, which occurs when a judge determines that the Li's Pendent should be released.
Elizabeth New Jersey Discharge of Lis Pendens
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How to fill out Elizabeth New Jersey Discharge Of Lis Pendens?
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