Nassau New York Lis Pendens Notice

• Category: Real Estate - Lis Pendens
• State: Multi-State
• County: Nassau
• Control #: US-01067
• Format: Word; Rich Text

Description

A lis pendens is a written notice of a pending lawsuit involving property. Plaintiff files this lis pendens in order to place defendant on notice that a lien is being sought to compel defendants to convey legal title to the described mineral interest based on the fact that the plaintiff has paid to purchase the interest. The form also contains a Certificate of Service stating that the attorney for the plaintiff has forwarded a correct copy of the document by U.S. Mail. Nassau New York Li's Pendent Notice is a legal document filed in Nassau County, New York, that provides public notice of a pending lawsuit involving real estate. It acts as a warning to potential buyers or lenders that there is a legal dispute or claim against the property in question. The term "Li's Pendent" is Latin for "litigation pending," indicating that a lawsuit or legal action is currently underway. This notice is typically filed in the office of the County Clerk and serves as a public record, alerting interested parties about the pending litigation and helping to protect the rights of the parties involved. It prevents the property from being transferred or encumbered while the lawsuit is ongoing, ensuring that any judgment or settlement will apply to the property's ownership or mortgage. Various types of Li's Pendent Notices can be filed in Nassau County, New York, depending on the nature of the underlying legal dispute. Some common types include: 1. Foreclosure Li's Pendent Notice: Filed when a lender initiates foreclosure proceedings against a property owner who has defaulted on their mortgage payments. It notifies potential buyers or lenders that the property is subject to foreclosure and that legal action is underway. 2. Boundary Dispute Li's Pendent Notice: Filed in cases where there is a dispute over property boundaries or ownership rights. This notice alerts interested parties that there is a legal dispute regarding the property's boundaries, which could affect its marketability or transferability. 3. Construction or Mechanics Lien Li's Pendent: Filed by contractors, subcontractors, or suppliers who have not been paid for their services or materials provided on a construction project. This notice informs potential buyers or lenders that there is a pending claim against the property due to unpaid construction-related bills. 4. Divorce or Partition Li's Pendent: Filed in divorce cases or situations where there is a dispute between co-owners of a property about its division or sale. This notice indicates that there is ongoing litigation regarding the division of the property and warns interested parties of potential complications. Overall, Nassau New York Li's Pendent Notices play a crucial role in ensuring transparency and protecting the rights of parties involved in real estate disputes. They serve as a public record for potential buyers or lenders, allowing them to make informed decisions about the property's status before entering into any transactions.

Nassau New York Li's Pendent Notice is a legal document filed in Nassau County, New York, that provides public notice of a pending lawsuit involving real estate. It acts as a warning to potential buyers or lenders that there is a legal dispute or claim against the property in question. The term "Li's Pendent" is Latin for "litigation pending," indicating that a lawsuit or legal action is currently underway. This notice is typically filed in the office of the County Clerk and serves as a public record, alerting interested parties about the pending litigation and helping to protect the rights of the parties involved. It prevents the property from being transferred or encumbered while the lawsuit is ongoing, ensuring that any judgment or settlement will apply to the property's ownership or mortgage. Various types of Li's Pendent Notices can be filed in Nassau County, New York, depending on the nature of the underlying legal dispute. Some common types include: 1. Foreclosure Li's Pendent Notice: Filed when a lender initiates foreclosure proceedings against a property owner who has defaulted on their mortgage payments. It notifies potential buyers or lenders that the property is subject to foreclosure and that legal action is underway. 2. Boundary Dispute Li's Pendent Notice: Filed in cases where there is a dispute over property boundaries or ownership rights. This notice alerts interested parties that there is a legal dispute regarding the property's boundaries, which could affect its marketability or transferability. 3. Construction or Mechanics Lien Li's Pendent: Filed by contractors, subcontractors, or suppliers who have not been paid for their services or materials provided on a construction project. This notice informs potential buyers or lenders that there is a pending claim against the property due to unpaid construction-related bills. 4. Divorce or Partition Li's Pendent: Filed in divorce cases or situations where there is a dispute between co-owners of a property about its division or sale. This notice indicates that there is ongoing litigation regarding the division of the property and warns interested parties of potential complications. Overall, Nassau New York Li's Pendent Notices play a crucial role in ensuring transparency and protecting the rights of parties involved in real estate disputes. They serve as a public record for potential buyers or lenders, allowing them to make informed decisions about the property's status before entering into any transactions.