Release Of Lis Pendens Texas Form With Lien In Wayne

State:
Multi-State
County:
Wayne
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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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. An indepth guide of lien releases and lien discharges, including what a lien release is, when to release a lien, and how it works.When using these Lis Pendens Release forms, the subject real estate must be physically located in Wayne County. 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 Office of Wayne County Register of Deeds records various types of documents, mostly relating to interests and transfers of property. Lis Pendens, meaning "pending lawsuit" in Latin, is a public notice indicating ongoing litigation involving real property. A lien release, in its most simple form, is a document that asks the property records office to remove a previously filed mechanics lien. Relating to the effect of indexing notices of lis pendens. HB 972, Author: Hartnett. From a judgment for the plaintiff, defendant appeals. Affirmed.

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Release Of Lis Pendens Texas Form With Lien In Wayne