Release Of Lis Pendens Meaning In Texas

State:
Multi-State
Control #:
US-00403BG
Format:
Word
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Description

The Release of Lis Pendens in Texas is a legal form that serves to cancel a previously recorded lis pendens, which is a notice indicating that a property is subject to a legal dispute. This document is crucial for property owners who have resolved their disputes and need to clear the title of their property. The key features of the form include acknowledgment of receipt for valuable consideration and the authority granted to the clerk or recorder to cancel the lis pendens from official land records. Both attorneys and paralegals play an essential role in drafting and filing this form, ensuring proper jurisdiction and compliance with state laws. Associates and legal assistants may assist in gathering necessary documentation and completing the form accurately. This form is particularly useful for partners and property owners seeking to finalize transactions or clear disputes from their property records. By utilizing the Release of Lis Pendens, users can facilitate smoother property dealings and enhance the clarity of title. Proper completion and filing of this form help maintain the integrity of public property records in Texas.

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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.

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 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.

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.

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.

Texas Lis Pendens Release Overview Lis pendens are like property liens, and they can make properties unmarketable or non-saleable until they're removed. Notices of voluntary dismissal and release of lis pendens declarations are issued frequently when lawsuits are dismissed.

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.

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Release Of Lis Pendens Meaning In Texas