By: Hughes S.B. No. 1955     (Wray)           A BILL TO BE ENTITLED   AN ACT   relating to expunction of a notice of lis pendens.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 12.0071(f), Property Code, is amended to   read as follows:          (f)  After a certified copy of an order expunging a notice of   lis pendens has been recorded:                (1)  [,] the notice of lis pendens and any information   derived or that could be derived from the notice:                      (A) [(1)]  does not:                            (i) [(A)]  constitute constructive or   actual notice of any matter contained in the notice or of any matter   relating to the action in connection with which the notice was filed    [proceeding];                            (ii) [(B)]  create any duty of inquiry in a   person with respect to the property described in the notice; or                            (iii) [(C)]  affect the validity of a   conveyance to a purchaser for value or of a mortgage to a lender for   value; and                      (B) [(2)]  is not enforceable against a purchaser   or lender described by Paragraph (A)(iii) [Subdivision (1)(C)],   regardless of whether the purchaser or lender knew of the lis   pendens action; and                (2)  an interest in the real property may be   transferred or encumbered free of all matters asserted or disclosed   in the notice and all claims or other matters asserted or disclosed   in the action in connection with which the notice was filed.          SECTION 2.  The change in law made by this Act applies only   to a certified copy of an order expunging a notice of lis pendens   recorded on or after the effective date of this Act.  A certified   copy of an order expunging a notice of lis pendens recorded before   the effective date of this Act is governed by the law in effect at   that time, and that law is continued in effect for that purpose.          SECTION 3.  This Act takes effect September 1, 2017.