It is axiomatic that the purpose of filing a notice of pendency (the “N/P”) under C.P.L.R. ' 6501 in an action seeking to affect an interest in real property is to render unnecessary the joining as defendants those whose interests are later obtained from a defendant named in the N/P and those whose interests are recorded subsequent to the filing of the N/P.
A Notice of Pendency Does Not Convey an Interest in Land
A number of reported decisions have highlighted the proposition that unless the filer already has a superior interest in the subject real estate, the filed N/P provides no protection to the filer against any other claimant to the land who records a document conveying an interest in the real property to that purchaser.
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Joel David SharrowThis premium content is locked for New York Real Estate Law Reporter subscribers only
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