File Notice Lis Pendens Without Notice In Collin

State:
Multi-State
County:
Collin
Control #:
US-00403BG
Format:
Word
Instant download

Description

The form titled Release of Lis Pendens is designed for individuals or entities seeking to officially release a previously filed notice of lis pendens. This document indicates that a lis pendens recorded in the land records is no longer valid, allowing the involved parties to clear the title on the property in question. Key features include providing a clear acknowledgment of valuable consideration and the authorization for the relevant clerk or recorder to cancel the notice from the official records. The form requires the signer's acknowledgment and signature, making it a legally binding document. This form proves useful for attorneys, partners, owners, associates, paralegals, and legal assistants who require clarity on property ownership disputes. It aids in smoothing transactions and resolving title issues, thus serving as a significant tool in real estate law. For optimal results, users should fill in the specific details related to the lis pendens, including recording information and dates, ensuring accuracy throughout the process. Legal professionals can utilize this form to enhance the efficiency of real estate transactions by effectively handling lis pendens releases.

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FAQ

A notice of pendency shall be effective for a period of three years from the date of filing. Before expiration of a period or extended period, the court, upon motion of the plaintiff and upon such notice as it may require, for good cause shown, may grant an extension for a like additional period.

A notice of pendency (also known as a lis pendens ) is a written notice of a judicial proceeding that affects the ownership of property.

Said Lis Pendens remains as long as the action is pending, unless it is voluntarily withdrawn or expunged (wipe out - erase) by motion to the court. Caution should still be used even if the Lis Pendens is removed since danger may still exist for a Title Company.

To file a Lis Pendens in Texas, the party initiating the lawsuit must follow procedures outlined in the Texas Property Code. This includes submitting a declarative affidavit to the county clerk's office where the property is located. The affidavit must generally contain: Names of the parties involved.

A lis pendens has no life of its own apart from the lawsuit that underlies it. If there is no lawsuit, there can be no valid 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.

(b) 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 ...

Expunging a Lis Pendens This can happen if the party believes that the lis pendens was improperly filed or if the underlying lawsuit has been resolved. Court Hearing: If a party seeks expungement, the court will conduct a hearing to determine whether the lis pendens should be canceled.

File a request with the court to remove the lis pendens. Provide the legal reasons the lis pendens is improper, offering proof, for example, that the lis pendens affects real estate that is not connected to the litigation. If the lawsuit is frivolous and merely intended to harass the property owner, offer proof.

The reason for a Lis Pendens is to alert the world that the house is subject to legal action. That means the house is "frozen" or cannot be sold, refinanced, transferred, until the lawsuit is settled, or the case is tried with a final judgment signed by the judge.

The signature on the notice of release of a lis pendens must be notarized. The notice must then be recorded in the office of the county recorder for the county in which the original lis pendens was recorded.

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File Notice Lis Pendens Without Notice In Collin