Wyoming Release of Lis Pendens

State:
Multi-State
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.

How to fill out Release Of Lis Pendens?

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FAQ

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Statute 1037 in Wyoming pertains to the framework governing the release of lis pendens in legal proceedings. This statute outlines the procedures for filing and removing a lis pendens, ensuring that property rights are protected during disputes. If you are dealing with a complex situation involving a Wyoming Release of Lis Pendens, USLegalForms provides essential templates and legal guidance to help you navigate the process smoothly.

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A lis pendens is not a lien in the traditional sense, but it serves as a public notice regarding pending litigation that may affect the title to a property. Essentially, it alerts potential buyers or lenders that there is a legal claim on the property. In the context of a Wyoming Release of Lis Pendens, understanding this distinction is crucial for property owners and prospective buyers. If you need guidance on managing a lis pendens, consider using USLegalForms for comprehensive resources.

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.

Stat. § 14-6-216. The court shall appoint a guardian ad litem for a child who is a party to proceedings under this act if the child has no parent, guardian or custodian appearing in his behalf or if the interests of the parents, guardian or custodian are adverse to the best interest of the child.

(4) Except as provided in subsection (6) of this section, a recorded notice of lis pendens which has not ceased to be in effect as provided in subsection (2) of this section shall expire and cease to be notice to any person for any purpose six years after the date of its recording, unless an extension of the notice of ...

Under the Texas Property Code, lis pendens notices are only authorized when there is an underlying lawsuit on file that makes a claim involving: (1) title to the real property; (2) the establishment of an interest in the real property; or (3) enforcement of an encumbrance (e.g., a lien) against the real property.

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Wyoming Release of Lis Pendens