Release Of Lis Pendens Texas Form With Lien In Wake
Category:
State:
Multi-State
County:
Wake
Control #:
US-00403BG
Format:
Word
Instant download
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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To show that a lien has officially been removed on a property, you have to file a document called a "lien release" in the real property records. The party filing the lis pendens or their attorney must sign 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. O Form Lis pendens—Release o Form Expunge lis pendens—. Motion o Form Expunge lis pendens—. Court determined whether all notice is extinguished under the Texas Property. Code with the expunction order on a notice of lis pendens. Properly filed lis pendens is not itself a lien, but rather it operates as constructive notice. "to the world of its contents. Forms are added regularly and reviewed annually.
