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 financiers 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.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Collin Texas Li's Pendent Notice in Connection with Action to Foreclose is a legal document filed by a lender or creditor to provide public notice of a pending foreclosure action against a property owner in Collin County, Texas. It serves as a warning to potential buyers or interested parties that the property's ownership may be at risk due to a defaulted loan or unpaid debt. The main purpose of the Collin Texas Li's Pendent Notice in Connection with Action to Foreclose is to protect the lender's right to the property and prevent the property owner from transferring the title or encumbering it further during the foreclosure process. By filing this notice with the county clerk's office, the lender creates a public record that puts others on notice of the pending legal action and any subsequent claims against the property. Keywords: Collin Texas, Li's Pendent Notice, Action to Foreclose, foreclosure action, pending foreclosure, defaulted loan, unpaid debt, property owner, Collin County, Texas, public notice, warning, potential buyers, interested parties, property ownership, title transfer, encumbering, county clerk's office, pending legal action, claims There may be different types of Collin Texas Li's Pendent Notices in Connection with Action to Foreclose depending on the nature of the legal action or specific circumstances involved. Some of these variations may include: 1. Residential Li's Pendent Notice: This type of notice pertains to residential properties, such as single-family homes, townhouses, or condominium units, that are subject to foreclosure due to a default on a mortgage loan or other related debts. 2. Commercial Li's Pendent Notice: Commercial properties, including office buildings, retail stores, industrial facilities, or vacant land, can also be subject to foreclosure actions. The commercial Li's Pendent Notice alerts potential buyers or interested parties of the pending legal proceedings against these properties. 3. Mechanic's Lien Li's Pendent Notice: In cases where a contractor, subcontractor, or supplier has filed a mechanic's lien against a property for unpaid construction or improvement work, a mechanic's lien Li's Pendent Notice may be filed. This notice ensures that the lien holder's claim is publicly recorded, warning others of the attached financial obligation. 4. Tax Lien Li's Pendent Notice: When a property owner fails to pay their property taxes, the relevant tax authority may initiate foreclosure proceedings. A tax lien Li's Pendent Notice provides public notice of the pending action and potential sale of the property to recover the unpaid taxes. Keywords (additional): residential properties, commercial properties, mechanic's lien, contractor, subcontractor, supplier, construction work, improvement work, tax lien, property taxes, tax authority, foreclosure proceedings, potential sale, recover unpaid taxes.Collin Texas Li's Pendent Notice in Connection with Action to Foreclose is a legal document filed by a lender or creditor to provide public notice of a pending foreclosure action against a property owner in Collin County, Texas. It serves as a warning to potential buyers or interested parties that the property's ownership may be at risk due to a defaulted loan or unpaid debt. The main purpose of the Collin Texas Li's Pendent Notice in Connection with Action to Foreclose is to protect the lender's right to the property and prevent the property owner from transferring the title or encumbering it further during the foreclosure process. By filing this notice with the county clerk's office, the lender creates a public record that puts others on notice of the pending legal action and any subsequent claims against the property. Keywords: Collin Texas, Li's Pendent Notice, Action to Foreclose, foreclosure action, pending foreclosure, defaulted loan, unpaid debt, property owner, Collin County, Texas, public notice, warning, potential buyers, interested parties, property ownership, title transfer, encumbering, county clerk's office, pending legal action, claims There may be different types of Collin Texas Li's Pendent Notices in Connection with Action to Foreclose depending on the nature of the legal action or specific circumstances involved. Some of these variations may include: 1. Residential Li's Pendent Notice: This type of notice pertains to residential properties, such as single-family homes, townhouses, or condominium units, that are subject to foreclosure due to a default on a mortgage loan or other related debts. 2. Commercial Li's Pendent Notice: Commercial properties, including office buildings, retail stores, industrial facilities, or vacant land, can also be subject to foreclosure actions. The commercial Li's Pendent Notice alerts potential buyers or interested parties of the pending legal proceedings against these properties. 3. Mechanic's Lien Li's Pendent Notice: In cases where a contractor, subcontractor, or supplier has filed a mechanic's lien against a property for unpaid construction or improvement work, a mechanic's lien Li's Pendent Notice may be filed. This notice ensures that the lien holder's claim is publicly recorded, warning others of the attached financial obligation. 4. Tax Lien Li's Pendent Notice: When a property owner fails to pay their property taxes, the relevant tax authority may initiate foreclosure proceedings. A tax lien Li's Pendent Notice provides public notice of the pending action and potential sale of the property to recover the unpaid taxes. Keywords (additional): residential properties, commercial properties, mechanic's lien, contractor, subcontractor, supplier, construction work, improvement work, tax lien, property taxes, tax authority, foreclosure proceedings, potential sale, recover unpaid taxes.
