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IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND IN RE MUTUAL FUNDS INVESTMENT LITIGATION Columbia sub-track) MDL-1586)) Case No. 04-md-15863)) LONG-FORM NOTICE OF PENDENCY AND PROPOSED

How to fill out long-form notice of pendency

1. The long-form notice of pendency, also known as a "lis pendens," is a legal document that is filed with the local county clerk's office to provide notice to potential buyers or lenders that a property is involved in a pending lawsuit.
2. To begin filling out the long-form notice of pendency, you will need to obtain the necessary forms from your local county clerk's office or their website. Make sure you have the latest version of the form to ensure compliance with current laws and regulations.
3. Start by carefully reading the instructions provided with the form. These instructions will guide you through the various sections of the notice and explain the required information.
4. The first section of the long-form notice of pendency typically requires you to provide basic information about the pending lawsuit. This includes the names of the parties involved, the case number, and the name of the court where the lawsuit is pending.
5. Moving on to the next section, you will need to provide a description of the property that is the subject of the lawsuit. This may include the property's address, legal description, and any other relevant details that will help identify the property accurately.
6. In some cases, you may be required to attach a copy of the complaint or other relevant legal documents to the long-form notice of pendency. Make sure to review the instructions carefully to determine if any attachments are necessary.
7. Additionally, you may need to include information about any mortgages, liens, or other encumbrances that currently exist on the property. This is important as it informs potential buyers or lenders about existing claims against the property.
8. Finally, the long-form notice of pendency may require you to include a statement of the relief sought in the lawsuit. This statement should briefly describe the nature of the legal action and the outcome that is being sought.

Who needs long-form notice of pendency?

1. Homeowners: If you are a homeowner involved in a lawsuit that affects the ownership or rights to your property, you may need to file a long-form notice of pendency. This will notify potential buyers or lenders about the pending lawsuit and may affect their decisions regarding the property.
2. Buyers and Lenders: Potential buyers or lenders who are considering purchasing or financing a property should be aware of any pending lawsuits related to the property. The long-form notice of pendency serves as a warning and allows them to make informed decisions.
3. Real Estate Professionals: Real estate agents, brokers, and other professionals involved in property transactions should also be aware of any pending lawsuits. By understanding the existence of a long-form notice of pendency, they can properly advise their clients and ensure all legal requirements are met.

In conclusion, filling out the long-form notice of pendency requires careful attention to detail and adherence to the provided instructions. It is essential for homeowners, buyers, lenders, and real estate professionals who are involved in a property transaction to understand the purpose and importance of this legal document.

For pdfFiller’s FAQs

What is long-form notice of pendency?

The long-form notice of pendency is a legal document filed with the court to notify potential purchasers or encumbrancers of a pending lawsuit affecting the title to real property.

Who is required to file long-form notice of pendency?

Parties involved in the lawsuit, such as plaintiffs and defendants, are required to file the long-form notice of pendency.

How to fill out long-form notice of pendency?

The long-form notice of pendency must be filled out completely and accurately with all relevant information about the pending lawsuit and the real property involved.

What is the purpose of long-form notice of pendency?

The purpose of the long-form notice of pendency is to provide notice to interested parties about a pending lawsuit that may affect the title to real property.

What information must be reported on long-form notice of pendency?

The long-form notice of pendency must include information about the parties involved in the lawsuit, a description of the real property affected, and details about the pending legal proceedings.

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