Release Of Lis Pendens Form For The Foreclosure Process In Texas
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Lis Pendens means "a suit pending". A lis pendens is a written notice that a lawsuit has been filed involving the title to real property or some interest in that real property. Notice to the defendant who owns the property and potential buyers or lenders is given by filing the lis pendens with the clerk of the court, certifying that it has been filed, and then recording it with the County Recorder. The lis pendens must include a legal description of the real property, and the lawsuit must involve the property. A person who records a false lis pendens will be subject to the penalty of payment of attorney's fees. A petition to remove the lis pendens from real property may be brought by the defendant when the property is not involved in the lawsuit.
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To file a Lis Pendens in Texas, the party initiating the lawsuit must follow procedures outlined in the Texas Property Code. Content and Recording of a Lis Pendens.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. Step 1: Providing Notice or Filing the Lawsuit. In a non-judicial foreclosure, the homeowner will be sent a notice letting them know they are in default. Edit, sign, and share release of lis pendens form online. No need to install software, just go to DocHub, and sign up instantly and for free. A Lis Pendens is a formal notice filed with the county recorder's office, used to indicate that a legal action involving real property is pending in Texas.
