Release Of Lis Pendens Meaning In Collin
Category:
State:
Multi-State
County:
Collin
Control #:
US-00403BG
Format:
Word
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Description
Lis Pendens means "a suit pending". A lis pendens is a written notice that a lawsuit has been filed involving the title to real property or some interest in that real property. Notice to the defendant who owns the property and potential buyers or lenders is given by filing the lis pendens with the clerk of the court, certifying that it has been filed, and then recording it with the County Recorder. The lis pendens must include a legal description of the real property, and the lawsuit must involve the property. A person who records a false lis pendens will be subject to the penalty of payment of attorney's fees. A petition to remove the lis pendens from real property may be brought by the defendant when the property is not involved in the lawsuit.
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1. a suit pending in a court that concerns the title to land. 2. A notice filed to warn interested persons of such a suit.Lis pendens is an official notice to the public that a lawsuit has been filed and a property has a claim against it. A notice of a lis pendens (Latin for "suit pending") is an instrument filed in the real property records of a county that indicates a civil lawsuit is pending. A lis pendens is a notice that a lawsuit has been filed regarding either a dispute in ownership of real estate or some other claim of interest in the property. The term "lis pendens" is Latin for "pending suit. Lis Pendens, meaning "pending lawsuit" in Latin, is a public notice indicating ongoing litigation involving real property. 'Lis Pendens' is a Latin term that translates to "pending litigation. Lis Pendens, meaning "pending lawsuit" in Latin, is a public notice indicating ongoing litigation involving real property. The literal translation of lis pendens is "a pending suit".
