Release Of Lis Pendens Form For The Foreclosure Process In Collin

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

Description

The Release of Lis Pendens form for the foreclosure process in Collin is a critical legal document that officially cancels a previously recorded lis pendens, which is a notice of pending litigation regarding property. This form is essential to clear any uncertainty regarding property ownership and to assist in the smooth transfer or sale of real estate. Users must fill out the form with specific information, including the date, relevant property details, and signatures. Once completed, the form should be submitted to the appropriate clerk or recorder’s office to ensure proper filing. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form beneficial in facilitating the resolution of property disputes and concluding foreclosure actions. By using this form, legal professionals can aid clients in removing any public notice of claims against their property, thus helping to protect their rights and interests in real estate transactions. It is a straightforward tool that emphasizes the need for legal clarity and the importance of adhering to local filing procedures in Collin.

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FAQ

Section 12.0071 - Motion to Expunge Lis Pendens (a) A party to an action in connection with which a notice of lis pendens has been filed may: (1) apply to the court to expunge the notice; and (2) file evidence, including declarations, with the motion to expunge the notice.

A lis pendens does not have a statute of limitations per se. All a lis pendens is, is a notice to the "world" (assuming it is properly recorded with the appropriate recorder's office) that there is pending litigation which could affect title of the property.

If someone has filed a Lis Pendens notice (which alerts others that there is a pending lawsuit involving a property), any party involved in the lawsuit can: Ask the court to remove the notice (e.g. Motion to Expunge). Notify all affected parties at least 20 days before the court hearing.

A release of lis pendens under Texas law to provide notice to third parties that litigation is resolved and title to real property is no longer in controversy.

Lis Pendens Texas and Property Code Property Code Section 12.007(a) allows the party seeking relief to file a Lis Pendens during the pendency of an action involving title to real property, the establishment of an interest in real property, or the enforcement of an encumbrance against real property.

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Release Of Lis Pendens Form For The Foreclosure Process In Collin