File Notice Lis Pendens Foreclosure In Travis
Category:
State:
Multi-State
County:
Travis
Control #:
US-00403BG
Format:
Word
Instant download
Description
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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A lis pendens is the first filing made during the foreclosure process. Barron's Dictionary of Real Estate Terms defines Lis Pendens as Latin for suit pending.The yearly obligation to fill out and submit forms like Lis Pendens Notice in Connection with Action to Foreclose might seem demanding. The Travis County Clerk's Recording Division files, records, and maintains Real Property Records, Personal Property Records, Notice of Trustee Sales. Lis pendens is a notice lenders use when they initiate a foreclosure sale. A notice of pendency, also known as lis pendens, is a provisional remedy available to litigants seeking a judgment that affects title to real property. As part of this first step, the lender will also file a lis pendens. Expungement of Lis Pendens and Finding of Fraudulent Lien. Foreclosure Notices. Non-tax foreclosure notices are filed with the County Clerk.
