Property Ownership
A 'lis pendens' recorded against a property means:
AThe property has been placed in a trust
BA lawsuit affecting title to the property is pending✓ Correct
CThe property is currently listed for sale
DEnvironmental testing is underway
Explanation
Lis pendens (Latin: 'lawsuit pending') is a recorded notice warning the public that a legal action affecting the title or ownership of the property is currently pending in court. It puts prospective buyers on constructive notice of the litigation.
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