Title: Understanding the Texas Release of Li's Pendent Form: Examples and Types Introduction: In legal proceedings, an is pendent is a notice filed in the public records to indicate the existence of a pending lawsuit involving a property. However, there are instances when the litigation is settled, dismissed, or expired, leading to the need for releasing the is pendent. In Texas, a release of is pendent form is used for this purpose. This article provides a detailed description of the Texas release of is pendent form, along with examples and different types. 1. Texas Release of Li's Pendent Form Explanation: The Texas release of is pendent form is a legal document that officially terminates the notice of a pending lawsuit on a property. This form is used to formally release any claim or lien recorded in the public records by the plaintiff (party who filed the lawsuit). By submitting this form, the plaintiff acknowledges that the lawsuit no longer affects the property's title and effectively cancels the notice. 2. Key Elements of a Texas Release of Li's Pendent Form: The Texas release of is pendent form typically includes the following essential components: a. Heading: It should clearly state "Release of Li's Pendent" at the top. b. Case Information: The form requires details of the lawsuit, such as the court case number, parties involved, and the property address. c. Legal Description: A precise and accurate description of the property must be included. d. Reason for Release: This section should outline the reason for releasing the is pendent, whether it's due to a settlement, dismissal, expiration, or any other cause. e. Affirmations: The form may contain affirmations stating that the plaintiff understands the impact of the release and that they have the authority to sign it. f. Signature and Date: The plaintiff, or their authorized representative, must sign and date the form. 3. Example of Texas Release of Li's Pendent Form: [Insert a visual representation or a sample text-based example of the Texas release of is pendent form.] 4. Types of Texas Release of Li's Pendent: While the basic structure remains the same, there are variations of the Texas release of is pendent form depending on the circumstances. Some common types include: a. Release of Li's Pendent after Settlement: This form is used when the parties involved in the lawsuit have reached a settlement agreement, resulting in the termination of the is pendent. b. Release of Li's Pendent due to Dismissal: If the case is dismissed by the court, the plaintiff should complete this form to release the is pendent. c. Release of Li's Pendent upon Expiration: When the statutory time limit for the is pendent expires without further action, the plaintiff can submit this form to release it. Conclusion: Understanding the Texas release of is pendent form is crucial for effectively releasing a pending lawsuit's notice on a property's title. Whether due to a settlement, dismissal, or expiration, the form helps in legally relieving the property from the claims made in the lawsuit. By familiarizing yourself with the form's components and various types, property owners and legal professionals can navigate this process with confidence and clarity.
Texas Release Of Lis Pendens Form With Example
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How to fill out Lis Pendens Notice?
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FAQ
Section 12.0071 of the Texas Property Code contains a specific procedure for expunging (i.e., removing) an invalid lis pendens notice. To trigger the procedure, the property owner must file a motion to expunge the lis pendens in the court where the underlying lawsuit is pending.
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.
What is a release of lis pendens form Texas? 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 Release of Lis Pendens is a counterclaim wherein it provides recourse for defendants pursuing to sell a property. The Release of Lis Pendens Surety Bond ensures to cover the cost of the Lis Pendens to release the property back to the defendant.