File Notice Lis Pendens Foreclosed In Travis

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

Description

The 'Release of Lis Pendens' form is essential for individuals and professionals involved in real estate transactions in Travis County. This document formally cancels a previously recorded notice that indicated a pending lawsuit involving specific property. Attorneys, paralegals, and legal assistants will find this form particularly useful when concluding legal actions associated with foreclosures. It provides a clear mechanism to inform relevant parties and public records of the resolution of litigation. Key features include spaces for signatures, dates, and specific record references to ensure accurate filing. Users should ensure that all information is filled out completely and legibly. Additionally, they must verify that the form is filed with the appropriate Clerk or Recorder's office in the correct jurisdiction. This form can be particularly relevant for property owners looking to clear titles and attorneys managing foreclosure cases. Completing this document accurately helps protect clients' interests and ensures compliance with local real estate laws.

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FAQ

The Experts in Civil Process The Judicial Tax Sale is held the first Tuesday of each month at a.m. at the rear of the Travis County Courthouse, 1000 Guadalupe St., Austin, TX 78701.

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. This Standard Document contains integrated notes and drafting tips.

To file a Lis Pendens in Texas, the party initiating the lawsuit must follow procedures outlined in the Texas Property Code. This includes submitting a declarative affidavit to the county clerk's office where the property is located. The affidavit must generally contain: Names of the parties involved.

A lis pendens is a document that is filed in the public records that alerts the world that someone is asserting claim over the property. A lis pendens is not, by itself, a legal bar to purchasing the property—someone can still legally close on property with a lis pendens filed on it.

"Lis pendens" is Latin for "suit pending." When a lender starts a foreclosure, a notice of lis pendens is recorded in the county land records. The purpose of the notice of lis pendens is to inform the public that a lawsuit involving the property is pending.

Foreclosure procedures in Florida are all Judicial Foreclosures controlled by the courts. The lender must sue the borrower and obtain an order to foreclose. Depending on the court schedule and load, it normally takes from 180 to 200 days to complete the foreclosure process in Florida.

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.

The titleholder can sell a property and transfer the deed to someone else while subject to a lis pendens. However, most title companies will not provide insurance for homes with a lis pendens, and closing agents may close with the lien being bonded.

To file a Lis Pendens in Texas, the party initiating the lawsuit must follow procedures outlined in the Texas Property Code. This includes submitting a declarative affidavit to the county clerk's office where the property is located. The affidavit must generally contain: Names of the parties involved.

To file a lien claim, you will need: Property owner's name (or company name) and mailing address. Project address and the county where it is located. The amount owed for each month you performed the work that remains unpaid. A brief description of the work you performed.

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File Notice Lis Pendens Foreclosed In Travis