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United States District Court Southern District of New York IN RE IMAX CORPORATION SECURITIES LITIGATION 06 CIV. 6128 (NRL) NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF U.S. CLASS ACTION This Notice
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How to fill out a Notice of Pendency?

01
Start by obtaining the necessary form: The Notice of Pendency, also known as a Lis Pendens, can usually be obtained from the local county clerk's office or downloaded from their website.
02
Fill in the party information: Begin by filling out the names of the parties involved in the legal proceeding. This typically includes the plaintiff(s) and defendant(s).
03
Provide the details of the case: Fill in the relevant details about the pending legal action. This may include the case number, the court where the action is filed, and the nature of the dispute.
04
Include a legal description of the property: Specify the property's legal description, which is usually found on the property deed or title. This can include information such as lot numbers, township and range, or other legal descriptions recognized in your jurisdiction.
05
Sign and notarize the notice: After completing the required information, sign the notice. In some jurisdictions, a notary public's signature and stamp may also be required.
06
File the completed notice with the county clerk: Visit the county clerk's office and submit the filled-out notice. They will typically retain the original document and provide you with a filed-stamped copy for your records.

Who needs a Notice of Pendency?

01
Parties involved in a legal proceeding: The party bringing a lawsuit or defending against one may need to file a Notice of Pendency. This allows interested parties, such as potential buyers or lenders, to be aware that there is a pending legal action affecting the property.
02
Real estate professionals: Real estate agents, brokers, and title companies may need to be aware of a Notice of Pendency to properly advise their clients. It helps them determine the status of a property and any potential risks involved in a transaction.
03
Interested buyers or lenders: Individuals or entities considering purchasing or lending money on a property should conduct due diligence. This includes checking for any Notices of Pendency, as it may affect the property's marketability or its ability to secure financing.
It's important to note that the exact requirements and procedures for filling out a Notice of Pendency may vary depending on your jurisdiction. Therefore, it's advisable to consult with a legal professional or visit the local county clerk's office for specific guidance in your area.
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Notice of pendency (also known as Lis Pendens) is a legal notice filed in real estate records to indicate that a lawsuit is pending on the property.
Typically, the plaintiff or the party initiating a lawsuit is required to file a notice of pendency.
The notice of pendency must include specific details about the lawsuit, the parties involved, and the property in question.
The purpose of a notice of pendency is to inform potential buyers or lenders of a property that a legal action is pending, which may affect the property's title.
The notice must include the names of the parties involved, the court where the lawsuit is filed, a legal description of the property, and the relief sought.
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