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2019 Delaware Code
Title 25 - Property
Chapter 16. Lis Pendens
§ 1607 Cancellation upon condition of security.
Universal Citation: 25 DE Code § 1607 (2019)
In an action for the enforcement of an equitable lien, the objective of which is to secure the payment of money, the court, upon motion of any party aggrieved, as a condition of cancellation of the notice of pendency, may direct that such party post sufficient security to insure the payment of money as may, by the final determination of the action, be ascertained to be chargeable upon the affected real estate. Nothing herein contained shall preclude the posting of bond or other security by agreement of the parties as a condition of cancellation.
67 Del. Laws, c. 59, ยง 1.
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