Form Lis Pendens Foreclosure In Texas
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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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Content and Recording of a Lis Pendens. Request for an Expedited Foreclosure.The primary purpose of filing a Lis Pendens in Texas is to give constructive notice to all parties involved in real estate transactions. A lis pendens is a notice of pending litigation. It constitutes constructive notice of any claims in the suit as to the land. A notice under Texas law filed in the public records to provide constructive notice to third parties that a legal proceeding is pending. Edit, sign, and share lis pendens online. No need to install software, just go to DocHub, and sign up instantly and for free. Lenders commonly record a lis pendens when they file a foreclosure lawsuit. To trigger the procedure, the property owner must file a motion to expunge the lis pendens in the court where the underlying lawsuit is pending.
