Escrow & Title

A lis pendens is:

AA lien placed on property for unpaid taxes
BA notice filed in public records indicating that a lawsuit affecting a property is pending✓ Correct
CA type of title insurance
DAn automatic lien created by a mechanic

Explanation

A lis pendens ('suit pending') is a notice recorded in public records warning that litigation affecting the title to the property is pending. It puts potential buyers and lenders on constructive notice of the dispute.

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