Notice of Lis Pendens

More information from your Seminole County foreclosure and Seminole County short sale realtor. In a Seminole County foreclosure action, the Notice of Lis Pendens is a document that the lender records in the public records of the county in which the property involved is located. It notifies the public that a lawsuit has been filed involving the property, the names of the parties involved and provides a brief description of the controversy. Namely, that the lender is seeking to foreclose on the property.

The practical effect of the lender filing a Notice of Lis Pendens is that the property cannot be sold during the foreclosure process, unless the lender consents.

If the notice of lis pendens is recorded, you should contact Richard today.