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What does pending mean? ... “If you are given time to inspect the property, take full advantage of it,” Jessica emphasizes. “Even if the home is a new construction home, I recommend getting ...
In United States law, a lis pendens (Latin for 'suit pending' [1]) is a written notice that a lawsuit has been filed concerning real estate, involving either the title to the property or a claimed ownership interest in it. The notice is usually filed in the county land records office.
Pendente lite is a Latin term meaning "awaiting the litigation" or "pending the litigation" which applies to court orders which are in effect while a matter (such as a sale of goods or a divorce) is pending. [1] In divorce cases, a pendente lite order is often used to provide for the support of the lower income spouse while the legal process ...
Clear title means that the title to a property doesn’t have any liens or other issues attached to it. It’s about ownership, and who does — or does not — have a claim to legal ownership on ...
Another example is a vending machine, where the customer's money is held in a separate escrow area pending successful completion of the transaction. If a problem occurs and the customer presses the refund button, the coins are returned from escrow; if no problem occurs, they fall into the coin vault of the machine.
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When a property goes into foreclosure, the mortgage company becomes the owner of the property making it challenging for the current resident to sell the property. [5] To remove the cloud on the title being caused by foreclosure, the resident would simply need to pay what is owed on their mortgage. [ 5 ]
That means no matter how much more property is worth, the levy will still just bring in $7 million. So the more valuable Hamilton County property becomes, the lower the zoo tax rate for the ...