A Round Rock Texas Notice of Li's Pendent, also known as a Notice of Pending Litigation, is a legal document filed by a party involved in real estate litigation to provide public notice that there is a pending legal action concerning a property. This notice serves as a warning to potential buyers or anyone interested in the property that there is a legal dispute affecting its ownership or title. In Round Rock Texas, there are primarily two types of Notice of Li's Pendent that can be filed: 1. Li's Pendent — Divorce/Property Division: This type of notice is filed in cases of divorce or property division where there is a dispute over ownership or the division of a property. When one party files for divorce and claims a share in a specific property, they may file a Notice of Li's Pendent to notify interested parties about the pending litigation and potential impact on the property's ownership. 2. Li's Pendent — Foreclosure: In cases where a homeowner is facing foreclosure due to non-payment of mortgage or other financial obligations, the lender may file a Notice of Li's Pendent to inform potential buyers or interested parties about the pending foreclosure lawsuit. This notice alerts others that the property's ownership might be affected by the foreclosure process. The Round Rock Texas Notice of Li's Pendent includes essential information such as the names of the parties involved in the lawsuit, a description of the property in dispute, the case number, and the court where the case is being heard. It is typically recorded in the county's public records where the property is located. Filing a Round Rock Texas Notice of Li's Pendent is an important step in protecting an individual or entity's legal rights and ensuring that interested parties are aware of the pending litigation. However, it is crucial to consult with an experienced real estate attorney in Round Rock Texas to understand the legal implications and requirements associated with filing this notice accurately.
Round Rock Texas Notice of Lis Pendens
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How to fill out Round Rock Texas Notice Of Lis Pendens?
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No list pendens notice can be valid as constructive notice for more than 15 years unless it is re-recorded within 10 years after it was first recorded and the recording party serves a copy of the notice on the record owner within 30 days after it is re-recorded.
Notice of lis pendens ? In an action affecting the title or the right of possession of real property, the plaintiff and the defendant, when affirmative relief is claimed in his answer, may record in the office of the registry of deeds of the province in which the property is situated a notice of the pendency of the
(1) An application for the registration of a lis pendens as a burden shall be made in Form 64. It shall be signed by the applicant or his/her solicitor and shall have endorsed a certificate of the existence of the cause or proceeding signed by the proper officer of the Central Office of the High Court.
The party filing a lis pendens or the party's agent or attorney shall sign the lis pendens, which must state: (1) the style and number, if any, of the proceeding; (2) the court in which the proceeding is pending; (3) the names of the parties; (4) the kind of proceeding; and. (5) a description of the property affected.
A ?lis pendens notice? is a notice recorded in a real property's chain of title and is designed to enable interested third parties to discover the existence and scope of pending litigation affecting the title to or asserting a mortgage, lien, security interest, or other interest in real property.
Duration of a Lis Pendens ?A lis pendens operates only during the pendency of the underlying suit, and only as to those matters that are involved in the suit. It terminates with the judgment, in the absence of an appeal.? Rosborough v. Cook, 108 Tex.
The notice of lis pendens may be cancelled only upon the order of the court, after showing that the notice is for the purpose of molesting the adverse party, or that it is not necessary to protect the rights of the party who caused it to be recorded (Section 19, Rule 13, Amended Rules of Civil Procedure).