Property Ownership

What is a 'lis pendens' in Delaware real estate?

AA lien for unpaid property taxes
BA notice filed in the public records indicating pending litigation affecting a specific property✓ Correct
CA notice of a mechanic's lien
DA document conveying a partial interest in property

Explanation

A lis pendens ('suit pending') is a notice filed in the county land records alerting potential buyers and lenders that there is pending litigation that could affect the title to or ownership of the property.

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