Escrow & Title
A lis pendens recorded against a property serves as:
AA lien securing a mortgage loan
BNotice that a lawsuit is pending that may affect the property's title✓ Correct
CEvidence of clear title for the buyer
DA release of a prior mortgage lien
Explanation
A lis pendens ('pending lawsuit' in Latin) is a recorded notice that a lawsuit is pending that may affect the title or ownership of the property.
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