How Do You Transfer A Deed After The Notice Of Pendency Has Expired?
In some states, a foreclosure lawsuit cannot result in the sale of the mortgaged property unless the lender has filed a “notice of pendency” with the clerk’s office in the county where the property is located. The filing of the notice, sometimes called a “lis pendens,” is mandatory and must be filed prior to any judgment for the sale of the property being made. Unless such a judgment is made, the notice of pendency will expire three years after it was filed. If you want to transfer title to the property after expiration of the notice, you should have the notice of pendency canceled first. Contact the lender who filed the notice of pendency and request that a cancellation of the notice be filed because it has expired, if the foreclosure lawsuit identified in the notice of pendency has been terminated in any way. Although the lender should comply with your request under these circumstances, you may find the lender slow to act because there is no urgency for the lender to comply with your
