Property Ownership
A lis pendens recorded against an Indiana property provides notice that:
AThe property is listed for sale
BThere is a pending lawsuit affecting the title to the property✓ Correct
CThe property taxes are delinquent
DThe property has been condemned
Explanation
A lis pendens ('suit pending') is a recorded notice that a lawsuit has been filed that may affect the title to the property. It warns potential buyers and lenders that the property's title is subject to pending litigation.
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