A Notice of Li's Pendent is a legal document filed in the city of Fort Worth, Texas, to provide notice to the public that a lawsuit or legal action has been filed concerning a particular property. It serves to alert potential buyers or lessees that there may be a dispute regarding the title or ownership of the property. The purpose of a Notice of Li's Pendent is to ensure that any transactions involving the property are conducted with full knowledge of the pending legal action. It helps to prevent the sale or transfer of the property during the litigation process, thus preserving the rights and interests of all parties involved. In Fort Worth, Texas, different types of Notices of Li's Pendent may be filed depending on the nature of the lawsuit or legal action. Some common types include: 1. Li's Pendent — Non-Judicial Foreclosure: This type of notice is typically filed when a lender or creditor initiates a foreclosure proceeding against a property in Fort Worth. It alerts potential buyers that the property is facing foreclosure, allowing them to assess the risks associated with purchasing the property. 2. Li's Pendent — Quiet Title Action: This notice is filed when there is a dispute over the ownership or title of a property in Fort Worth. It puts interested parties on notice that there is ongoing litigation to resolve the ownership issue. 3. Li's Pendent — Partition Action: This type of notice is filed when co-owners of a property in Fort Worth seek a legal division of the property. It is used to inform interested parties that an action is pending, which may result in the partition or sale of the property. When filing a Notice of Li's Pendent in Fort Worth, Texas, certain requirements must be met. These include providing a legal description of the property, the names of the parties involved in the lawsuit, a summary of the basis for the legal action, and the court in which the lawsuit is pending. It is crucial to ensure that all information provided in the notice is accurate and up-to-date. The Notice of Li's Pendent is typically recorded in the county where the property is located. Once recorded, it becomes a public record, accessible to anyone interested in conducting due diligence on the property's ownership or legal status. In summary, a Fort Worth Texas Notice of Li's Pendent is a legal document filed to notify the public of a pending lawsuit or legal action concerning a property in Fort Worth. It helps to protect the rights of all parties involved in the litigation and ensures that any potential buyers or lessees are aware of the ongoing legal dispute. Different types of Notices of Li's Pendent exist based on the specific nature of the lawsuit, including those related to non-judicial foreclosure, quiet title actions, and partition actions.