How long is a notice of pendency effective after filing?

A notice of pendency is effective for three years after it is filed. This is crucial for establishing a public record that a particular property is subject to ongoing litigation. This time frame is designed to balance the interests of parties involved in a legal dispute and those who may be affected by the status of the property.

When a notice of pendency is filed, it serves as a warning to potential purchasers that any interest in the property may be at risk due to the pending legal action. The three-year duration ensures that the property is encumbered for a reasonable length of time, allowing for the conclusion of litigation and subsequent resolution of claims without allowing indefinite clouding of the title.

While it is indeed possible for the notice to be canceled before the three years expire, without action taken, it holds its effect during this specified timeframe. Understanding this duration is important for parties involved in real estate transactions, as it affects their rights and obligations in relation to the property in question.