Lis Pendens Ny

• Category: Real Estate - Lis Pendens
• State: Multi-State
• County: Queens
• 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. Queens New York Li's Pendent Notice is a legal document that signifies a pending lawsuit or a potential lien against a real estate property located in Queens, New York. It acts as a public notice providing information about a claim or a legal action against the property. This notice is crucial for potential buyers, lenders, and other parties involved in real estate transactions as it affects the property's title and ownership. The Queens New York Li's Pendent Notice typically contains essential information such as the names of the parties involved in the litigation, the court where the lawsuit is filed, the case number, and a brief description of the nature of the lawsuit. It serves as a warning to anyone interested in purchasing or dealing with the property, indicating that there may be legal complications surrounding its ownership or title. There are different types of Queens New York Li's Pendent Notice, each indicating a specific legal situation or claim on the property. Some common types include: 1. Foreclosure Li's Pendent: This notice is filed by a lender or creditor to inform potential buyers or interested parties that they have initiated foreclosure proceedings against the property due to the owner's failure to meet mortgage or loan obligations. It alerts stakeholders that there is a pending legal action that might result in the property being sold to satisfy the debt. 2. Divorce Li's Pendent: In cases where a property is part of a divorce settlement, a Li's Pendent Notice can be filed to indicate that the property's ownership is subject to dispute. This notice is used to alert interested parties that the property's division or distribution may be determined by the divorce court. 3. Mechanic's Lien Li's Pendent: When contractors or suppliers have performed work or provided materials for a property but have not been paid, they can file a Li's Pendent Notice to establish a claim against the property. This notice ensures that anyone consider purchasing or refinancing the property is aware of the outstanding debt and potential legal consequences. It's important to note that a Queens New York Li's Pendent Notice is not a final determination of guilt or ownership but rather a public record of a pending legal action. Interested parties must thoroughly investigate the matter and seek legal advice before proceeding with any real estate transaction involving a property with a Li's Pendent Notice.

Queens New York Li's Pendent Notice is a legal document that signifies a pending lawsuit or a potential lien against a real estate property located in Queens, New York. It acts as a public notice providing information about a claim or a legal action against the property. This notice is crucial for potential buyers, lenders, and other parties involved in real estate transactions as it affects the property's title and ownership. The Queens New York Li's Pendent Notice typically contains essential information such as the names of the parties involved in the litigation, the court where the lawsuit is filed, the case number, and a brief description of the nature of the lawsuit. It serves as a warning to anyone interested in purchasing or dealing with the property, indicating that there may be legal complications surrounding its ownership or title. There are different types of Queens New York Li's Pendent Notice, each indicating a specific legal situation or claim on the property. Some common types include: 1. Foreclosure Li's Pendent: This notice is filed by a lender or creditor to inform potential buyers or interested parties that they have initiated foreclosure proceedings against the property due to the owner's failure to meet mortgage or loan obligations. It alerts stakeholders that there is a pending legal action that might result in the property being sold to satisfy the debt. 2. Divorce Li's Pendent: In cases where a property is part of a divorce settlement, a Li's Pendent Notice can be filed to indicate that the property's ownership is subject to dispute. This notice is used to alert interested parties that the property's division or distribution may be determined by the divorce court. 3. Mechanic's Lien Li's Pendent: When contractors or suppliers have performed work or provided materials for a property but have not been paid, they can file a Li's Pendent Notice to establish a claim against the property. This notice ensures that anyone consider purchasing or refinancing the property is aware of the outstanding debt and potential legal consequences. It's important to note that a Queens New York Li's Pendent Notice is not a final determination of guilt or ownership but rather a public record of a pending legal action. Interested parties must thoroughly investigate the matter and seek legal advice before proceeding with any real estate transaction involving a property with a Li's Pendent Notice.