Lis Pendens Release Form With Lien In Texas

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

Description

The Lis Pendens Release Form with lien in Texas is a legal document that allows a party to formally release a Lis Pendens that was previously recorded in the local land records. This form is essential for clearing any encumbrances that may affect property title and ensures that a claim of pending litigation is removed from public records. Key features of this form include the acknowledgment of valuable consideration, authorizing the local Clerk or Recorder to cancel the recorded Lis Pendens, and the necessity for a signature and acknowledgment. This form is particularly useful for attorneys, partners, and owners involved in real estate transactions or litigation, providing a streamlined process for litigation resolution. Paralegals and legal assistants will find that filling out this form requires accurate details of the earlier recorded Lis Pendens, including book and page numbers. The utility of the form extends to various scenarios such as settled disputes, dismissals of lawsuits, or withdrawal of claims, ensuring clarity in property title and ownership. Overall, this form serves to protect the interests of all stakeholders in a property transaction while facilitating legal compliance.

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FAQ

Remove a Lien on Texas Property It can be prepared by the owner or the Lien Claimant, but it must be signed by the Lien Claimant in front of a notary public and filed in the property records in the county where the property is located.

The first step in lien release or removal is to contact the judgment creditor or its attorneys, inform them that the lien is invalid (see Part One below) or is currently showing against the homestead (see Parts Two and Three below) and then make formal demand that the creditor execute a partial release—or legal action ...

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 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.

Other than resolution of the pending lawsuit, the only way to remove a lis pendens is by expungement, which requires a court order from a circuit judge. If you refuse service or the action is otherwise delayed, the lis pendens remains intact, making it difficult to sell or otherwise transfer a property.

Remove a Lien on Texas Property It can be prepared by the owner or the Lien Claimant, but it must be signed by the Lien Claimant in front of a notary public and filed in the property records in the county where the property is located.

What is a lis pendens notice? The term “lis pendens” is Latin for “pending suit.” Notices of lis pendens are filed in the real property records for the purpose of notifying others—primarily, prospective purchasers of real property—that the property at issue is the subject of pending litigation.

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Lis Pendens Release Form With Lien In Texas