Escrow & Title
A lis pendens recorded against a property notifies the public that:
AThe property is subject to a tax lien
BThere is pending litigation affecting title to the property✓ Correct
CThe property has been condemned by the municipality
DA mechanic's lien has been filed against the property
Explanation
A lis pendens ('pending lawsuit') is a notice recorded in the public record indicating that there is pending litigation that may affect title to a specific piece of real property. It warns prospective buyers and lenders that acquiring the property may subject them to the outcome of the lawsuit.
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