Release Of Lis Pendens Form Withdrawal In Tarrant

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

Description

The Release of Lis Pendens form withdrawal in Tarrant allows individuals or entities to officially retract a previously filed lis pendens, which is a notice of pending litigation concerning a property. This form is essential for clearing title issues that arise from ongoing legal disputes and assists in returning normalcy to property dealings. Key features of the form include sections for identifying the specific lis pendens being withdrawn, including its recording details and the date of withdrawal. Users should ensure that all required information is accurately completed, including signatures and acknowledgments, to validate the release. This form is particularly useful for attorneys handling real estate transactions, partners managing property disputes, owners seeking to clear titles, paralegals preparing documentation, and legal assistants guiding clients through the withdrawal process. Proper completion of this form is crucial for avoiding potential legal complications in property transactions and preserving the rights of all parties involved.

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FAQ

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.

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.

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 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.

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.

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.

Short Answer: After filing a lis pendens, property sales may stall due to legal disputes impacting the title. Misfiling can result in sanctions or slander of title damages. Removal involves court-ordered expungement or voluntary discharge.

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Release Of Lis Pendens Form Withdrawal In Tarrant