Escrow & Title
A 'lis pendens' recorded against a Georgia property means:
AA. The property has passed all required inspections
BB. There is pending litigation that may affect the property's title✓ Correct
CC. A tax lien has been placed on the property
DD. The property is being subdivided
Explanation
Lis pendens (Latin for 'suit pending') notifies prospective buyers and lenders that there is litigation involving the property that may affect title. Buyers should be very cautious about properties with recorded lis pendens.
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