Escrow & Title
In Florida, a 'lis pendens' recorded against a property notifies the public that:
AThe property taxes have not been paid
BPending litigation may affect title to the property✓ Correct
CThe property is scheduled for demolition
DA new mortgage has been placed on the property
Explanation
A lis pendens ('pending litigation' in Latin) is recorded in the public records to notify the world that a lawsuit involving the property is pending. It warns potential buyers and lenders that title to the property may be affected by the outcome of the litigation.
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