Escrow & Title
In Alaska, a lis pendens recorded against a property signals:
AThe property has been placed on the MLS
BA lawsuit is pending that may affect title to the property✓ Correct
CThe property is subject to a homestead exemption
DThe property taxes are delinquent
Explanation
A lis pendens ('suit pending') is a recorded notice that legal action is pending against the property. It clouds title and warns prospective buyers and lenders of the potential claim.
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