‘Lis Pendens’ is a Latin term that translates to “pending litigation.” And in real estate, it refers to a notice that a legal dispute involving a property has been filed. Essentially, this alerts ...
A notice of lis pendens is a legal document you might not be familiar with but may occasionally see referenced in a news report. “Lis pendens” is Latin for “pending lawsuit.” (The law still uses Latin ...
The filing of a Lis pendens is a vital tool for protecting a party’s rights in enforcing a purchase and sale agreement for real estate, but if the claim at issue falls within a mandatory arbitration ...
In a December 2018 post, Money and Dirt covered a California Supreme Court case — Dr. Leevil, LLC v. Westlake Health Care Center — in which the Court held: “an owner that acquires title to property ...
With foreclosures on the rise, particularly in the outer boroughs, the distressed properties market is expanding and giving investors an opportunity to buy at a discount. But while foreclosures have ...
Scott E. Mollen, a partner at Herrick, Feinstein and an adjunct professor at St. John's University School of Law, and Lisa Zeiderman, an associate at Johnson & Cohen, write that the most valuable ...