Cook Illinois Li's Pendent Notice is a legal document used in the state of Illinois to provide notice to interested parties and potential buyers about pending legal actions against a property. This notice acts as a warning or alert that there is a claim, lawsuit, or litigation pending that could affect the ownership or title of the property in question. A Li's Pendent Notice is typically filed by a plaintiff in a civil lawsuit to inform others, such as potential buyers or lenders, that there is a dispute over ownership or a lien on the property. By filing this notice, the plaintiff ensures that any future transactions involving the property will be subject to the outcome of the pending lawsuit. In Cook County, Illinois, there are different types of Li's Pendent Notices: 1. Residential Li's Pendent Notice: This type of notice is specific to residential properties in Cook County, Illinois. It is filed when there is a legal dispute or lawsuit involving a residential property, such as foreclosure proceedings or disputes over ownership rights. 2. Commercial Li's Pendent Notice: Unlike the residential notice, a commercial Li's Pendent Notice is applicable to commercial properties, including office buildings, retail spaces, or industrial properties. It is filed when there is litigation or unresolved legal matters related to these types of properties. 3. Tax Liens Li's Pendent Notice: This type of notice is filed when there is a dispute or legal action related to tax liens placed on a property in Cook County, Illinois. It serves as a warning to potential buyers or lenders that there are outstanding tax liabilities attached to the property. 4. Li's Pendent Notice in Mortgage Foreclosure: This notice is specifically used when there is a pending foreclosure action on a property in Cook County, Illinois. By filing this notice, the plaintiff alerts potential buyers or lenders that the property is facing foreclosure and that any future transactions will be subject to the outcome of the foreclosure proceedings. Overall, Cook Illinois Li's Pendent Notice is an important legal document designed to provide transparency and protect the rights of interested parties in any pending property-related lawsuit or dispute in Cook County, Illinois. It ensures that individuals or entities are aware of the legal issues surrounding a property before entering into any transactions or agreements.