Collin Lis

• Category: Real Estate - Lis Pendens
• State: Multi-State
• County: Collin
• Control #: US-01067
• Format: Word; Rich Text

Description

A lis pendens is a written notice of a pending lawsuit involving property. Plaintiff files this lis pendens in order to place defendant on notice that a lien is being sought to compel defendants to convey legal title to the described mineral interest based on the fact that the plaintiff has paid to purchase the interest. The form also contains a Certificate of Service stating that the attorney for the plaintiff has forwarded a correct copy of the document by U.S. Mail. In Collin County, Texas, a Li's Pendent Notice is a legal document filed by a party involved in a real estate dispute or foreclosure proceeding. This notice is an official public record that serves as a warning to potential buyers or lenders about the ongoing legal action or claim against a property. By filing a Li's Pendent Notice, the party seeks to protect their interest and establish their claim over the property until a final resolution is reached. The term "Collin Texas Li's Pendent Notice" refers specifically to this legal process in Collin County, Texas. However, it is important to note that Li's Pendent Notices function similarly across different jurisdictions and may have variations in requirements and procedures. Different types or circumstances under which a Li's Pendent Notice may be filed in Collin County, Texas, include: 1. Foreclosure Proceedings: When a homeowner defaults on their mortgage payments, the lender may initiate foreclosure proceedings. In this case, a Li's Pendent Notice is filed to provide public notice that the property is subject to foreclosure and that a legal action is pending. 2. Property Disputes: Li's Pendent Notices can be filed in Collin County, Texas, when there are disputes related to property ownership, boundaries, or other rights. These notices inform potential buyers or lenders that legal action is in progress, indicating that there may be potential issues or claims against the property. 3. Divorce or Dissolution of Partnership: In cases of divorce or dissolution of partnerships, if there is a dispute regarding shared property, one party may file a Li's Pendent Notice to protect their interest until a final resolution is reached. 4. Inheritance Disputes: When there are disagreements among heirs regarding the distribution or ownership of a property after someone's death, a Li's Pendent Notice may be filed to establish the claim of a particular party and prevent any unauthorized transfers. It is important to consult with a qualified attorney in Collin County, Texas, to understand the specific requirements and implications of filing a Li's Pendent Notice, as each case may have unique circumstances and legal considerations.

In Collin County, Texas, a Li's Pendent Notice is a legal document filed by a party involved in a real estate dispute or foreclosure proceeding. This notice is an official public record that serves as a warning to potential buyers or lenders about the ongoing legal action or claim against a property. By filing a Li's Pendent Notice, the party seeks to protect their interest and establish their claim over the property until a final resolution is reached. The term "Collin Texas Li's Pendent Notice" refers specifically to this legal process in Collin County, Texas. However, it is important to note that Li's Pendent Notices function similarly across different jurisdictions and may have variations in requirements and procedures. Different types or circumstances under which a Li's Pendent Notice may be filed in Collin County, Texas, include: 1. Foreclosure Proceedings: When a homeowner defaults on their mortgage payments, the lender may initiate foreclosure proceedings. In this case, a Li's Pendent Notice is filed to provide public notice that the property is subject to foreclosure and that a legal action is pending. 2. Property Disputes: Li's Pendent Notices can be filed in Collin County, Texas, when there are disputes related to property ownership, boundaries, or other rights. These notices inform potential buyers or lenders that legal action is in progress, indicating that there may be potential issues or claims against the property. 3. Divorce or Dissolution of Partnership: In cases of divorce or dissolution of partnerships, if there is a dispute regarding shared property, one party may file a Li's Pendent Notice to protect their interest until a final resolution is reached. 4. Inheritance Disputes: When there are disagreements among heirs regarding the distribution or ownership of a property after someone's death, a Li's Pendent Notice may be filed to establish the claim of a particular party and prevent any unauthorized transfers. It is important to consult with a qualified attorney in Collin County, Texas, to understand the specific requirements and implications of filing a Li's Pendent Notice, as each case may have unique circumstances and legal considerations.