Release Of Lis Pendens Meaning In Collin

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

Description

The Release of Lis Pendens is a legal document used to formally cancel a previously recorded notice of lis pendens, which indicates that a lawsuit has been filed concerning a property. In Collin, this release serves as a key tool for clearing clouded property titles, allowing for the sale or transfer of real estate without the encumbrance of ongoing litigation. The form requires the identification of the original lis pendens and should be recorded with the appropriate county clerk or recorder to ensure its validity. Key features include spaces for essential details such as the property location and the book and page numbers where the original notice was recorded. Users must sign and date the form to validate it. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions, as it provides a clear solution to disputes that may affect the ownership or sale of property. When filling out the form, it is important to carefully fill in all required information and follow local recording requirements to ensure proper cancellation of the lis pendens.

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Release Of Lis Pendens Meaning In Collin