A Lis Pendens (which means pending lawsuit) is a tool that is commonly used to notify a third-party of a pending lawsuit against a real estate property, typically with regard to the title or an interest.
Until the lis pendens is removed, a property owner may find it difficult to sell, finance, or obtain title insurance for the real estate in question. However, once any litigation has been resolved, a lis pendens can be removed through a Florida Release of Lis Pendens.
This legal document will formally remove the lis pendens so that the property title is clear. A release of lis pendens must be recorded with the clerk of the court in the county where the property is located in order for the release to go into effect.
Published: Dec 8, 2023
Updated: Dec 8, 2023
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