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What is a notice of pendency in New York?

A Notice of Pendency is a statutory creation under New York’s Civil Practice Law and Rules Article 65. This filing gives notice to the entire world that there is a dispute which affects the title, use or possession of real property.Click to see full answer. Hereof, how do I file a notice of pendency in New York?The New York Civil Practice Law and Rules § 6501 provides, in relevant part, that a “notice of pendency may be filed in any action in a court of the state or of the United States in which the judgment demanded would affect the title to, or the possession, use or enjoyment of, real property.”3 A notice is filed in theSubsequently, question is, what does notice of pendency mean? When a court considers a lawsuit involving real property, the court may issue a notice of pendency as a provisional remedy. This notice is filed with the property’s deed at the county registry. Thus, a notice of pendency makes it effectively impossible to sell the affected property, or get a mortgage on it. Considering this, how long is a notice of pendency good for in New York? three years What is a lis pendens in New York?A lis pendens is the first filing made during the foreclosure process. Lis Pendens for Property Tax Delinquency: When someone does not pay their property taxes for one year, a Tax Lien is filed against the property by the City of New York. Just as with a mortgage default, a summons and complaint is served.

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