Escrow & Title
What is a 'lis pendens' in Kansas real estate?
AA type of deed restriction
BA recorded notice that a lawsuit is pending that may affect title to a specific property✓ Correct
CA notice of default on a mortgage
DA property tax lien notice
Explanation
Lis pendens (Latin for 'suit pending') is a recorded notice warning that there is a lawsuit affecting the property's title. It puts prospective buyers and lenders on constructive notice of the pending litigation.
Related Kansas Escrow & Title Questions
- In Kansas, a deed must be delivered and accepted to be legally effective. This means:
- In Kansas, an 'IRS Form 8300' report is required in real estate when:
- In Kansas, a buyer who discovers a title defect after closing may seek protection under their:
- Which type of deed provides the greatest protection to the buyer?
- In Kansas, a 'mortgagee's policy' (lender's title insurance) protects which party?
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- In Kansas, what is the significance of 'recording priority' in the context of competing liens and interests?
- In Kansas, what is the primary purpose of a title commitment issued before closing?
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