NOTE I will not be able to attend (day job is pressing). I hope to hear news from Kirk website or a Kirk member
Q. What is Lis Pendens?
A. A Lis Pendens means a Notice of a Pending Lawsuit.
It is a means by which the filer of the lis pendens notifies the world as a matter of public record that the real property against which it is filed is subject to the decision of a Court in a pending action.
Typically a lis pendens or notice of pendency is employed in a foreclosure action by lenders when borrowers default of mortgage loans. The property mortgaged acts as security for the debt or loan given. It can also be used in other actions involving real property such as an action in specific performance to compel the sale of real estate.
If there has been a lis pendens filed against property in which you have an interest you should consult with local counsel immediately to determine your rights.
1 comment:
This sounds promising.
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