Lis pendens means "a suit pending". A lis pendens is a written notice that a lawsuit has been filed involving the title to real property or some interest in that real property. Notice to the defendant who owns the property and potential buyers or financiers is given by filing the lis pendens with the clerk of the court, certifying that it has been filed, and then recording it with the County Recorder. The lis pendens must include a legal description of the real property, and the lawsuit must involve the property.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Lima Arizona Li's Pendent Notice in Connection with Action to Foreclose is a legal document filed by a creditor or lender in the event of a pending foreclosure action against a property in Lima, Arizona. This notice is essential as it serves to notify potential buyers, lenders, and other interested parties about the foreclosure proceedings related to the property in question. Keywords: Lima Arizona, Li's Pendent Notice, Action to Foreclose, foreclosure, creditor, lender, pending foreclosure action, potential buyers, interested parties. Types of Lima Arizona Li's Pendent Notice in Connection with Action to Foreclose: 1. Voluntary Li's Pendent Notice: This is filed voluntarily by the creditor or the lender to inform interested parties about the pending foreclosure action. 2. Involuntary Li's Pendent Notice: This type of notice is filed by the court on behalf of the creditor or lender when they commence legal action to foreclose on the property. 3. Residential Li's Pendent Notice: This notice is specific to residential properties and is utilized when the foreclosure action pertains to a residential property, such as a house or a condominium unit. 4. Commercial Li's Pendent Notice: This type of notice is filed when the foreclosure action is related to commercial real estate, including retail spaces, offices, industrial properties, or vacant land intended for commercial use. 5. Partial Li's Pendent Notice: This notice is filed by the creditor or lender when they are pursuing foreclosure on a portion of the property, for example, if there are multiple units within a building or if only a specific parcel of land is involved in the foreclosure action. 6. General Li's Pendent Notice: This notice is the most common type and does not specify the property type or any other specific details. It simply serves as a notice of pending foreclosure action on the property and can be used for both residential and commercial properties. It is important to note that the specific types of Lima Arizona Li's Pendent Notice may vary depending on the jurisdiction and the laws governing foreclosure actions in the area.Lima Arizona Li's Pendent Notice in Connection with Action to Foreclose is a legal document filed by a creditor or lender in the event of a pending foreclosure action against a property in Lima, Arizona. This notice is essential as it serves to notify potential buyers, lenders, and other interested parties about the foreclosure proceedings related to the property in question. Keywords: Lima Arizona, Li's Pendent Notice, Action to Foreclose, foreclosure, creditor, lender, pending foreclosure action, potential buyers, interested parties. Types of Lima Arizona Li's Pendent Notice in Connection with Action to Foreclose: 1. Voluntary Li's Pendent Notice: This is filed voluntarily by the creditor or the lender to inform interested parties about the pending foreclosure action. 2. Involuntary Li's Pendent Notice: This type of notice is filed by the court on behalf of the creditor or lender when they commence legal action to foreclose on the property. 3. Residential Li's Pendent Notice: This notice is specific to residential properties and is utilized when the foreclosure action pertains to a residential property, such as a house or a condominium unit. 4. Commercial Li's Pendent Notice: This type of notice is filed when the foreclosure action is related to commercial real estate, including retail spaces, offices, industrial properties, or vacant land intended for commercial use. 5. Partial Li's Pendent Notice: This notice is filed by the creditor or lender when they are pursuing foreclosure on a portion of the property, for example, if there are multiple units within a building or if only a specific parcel of land is involved in the foreclosure action. 6. General Li's Pendent Notice: This notice is the most common type and does not specify the property type or any other specific details. It simply serves as a notice of pending foreclosure action on the property and can be used for both residential and commercial properties. It is important to note that the specific types of Lima Arizona Li's Pendent Notice may vary depending on the jurisdiction and the laws governing foreclosure actions in the area.