Stop Home Resales – Certificate of Pending Litigation

Category: Real Estate

Discover the significance of a Certificate of Pending Litigation (CPL) in preventing home resales in this informative article. It explains how a CPL can be filed by a party involved in a legal dispute concerning the property, effectively restricting its sale. The article discusses the purpose of CPLs, the process of obtaining one, and the implications for buyers and sellers. It also explores how CPLs can impact the real estate transaction process, including the disclosure of CPLs in the listing and the buyer's due diligence. By understanding the role of CPLs, homeowners and buyers can navigate potential obstacles and make informed decisions regarding property transactions.