Colorado Lis Pendens Notice

State:
Multi-State
Control #:
US-01067
Format:
Word; 
Rich Text
Instant download

Description

A lis pendens is a written notice of a pending lawsuit involving property. Plaintiff files this lis pendens in order to place defendant on notice that a lien is being sought to compel defendants to convey legal title to the described mineral interest based on the fact that the plaintiff has paid to purchase the interest. The form also contains a Certificate of Service stating that the attorney for the plaintiff has forwarded a correct copy of the document by U.S. Mail.
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How to fill out Lis Pendens Notice?

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FAQ

A ?lis pendens notice? is a notice recorded in a real property's chain of title and is designed to enable interested third parties to discover the existence and scope of pending litigation affecting the title to or asserting a mortgage, lien, security interest, or other interest in real property.

A Lis Pendens Can be Removed, Foreclosed or ?Expunged?, Even if it was Validly Recorded. Under California law, a lis pendens may be expunged by filing a motion with the court based upon a showing that: the claimant has not made a real property claim in their underlying lawsuit, or.

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.

Lis Pendens Texas and Property Code Property Code Section 12.007(a) allows the party seeking relief to file a Lis Pendens during the pendency of an action involving title to real property, the establishment of an interest in real property, or the enforcement of an encumbrance against real property.

(c) The court shall order the notice of lis pendens expunged if the court determines that: (1) the pleading on which the notice is based does not contain a real property claim; (2) the claimant fails to establish by a preponderance of the evidence the probable validity of the real property claim; or (3) the person who ...

A release of lis pendens is a document filed with the court that removes the public notice of a pending legal action from the title of a property. It is typically filed after a lawsuit that involves property has been resolved in some way, such as by settlement or dismissal.

This document ? the notice of lis pendens ? states that a lawsuit has been filed affecting the property described in the document. Once recorded, the document creates ?constructive notice? of the information it contains.

A Lis Pendens Depends on an Underlying Lawsuit 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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Colorado Lis Pendens Notice