Download Texas Lis Pendens Release Legal Forms. There is a process for a lis pendens removal, even if it was properly recorded, so, for example, real estate can be sold or a loan can be taken out against it.A release of lis pendens under Texas law to provide notice to third parties that litigation is resolved and title to real property is no longer in controversy. Once the lawsuit has concluded, then a Release of Lis Pendens must be recorded. Under Texas law, the filing of a lis pendens notice is part of the judicial process and is absolutely privileged.