Escrow & Title
In Kentucky, a lis pendens recorded against a property provides notice that:
AThe property is listed for sale
BLitigation is pending that may affect title to the property✓ Correct
CThe property is subject to an IRS tax lien
DThe property has failed a code inspection
Explanation
A lis pendens ('suit pending') is a notice recorded in the public records that informs potential purchasers and lenders that a lawsuit is pending which may affect title to the property. Buyers who proceed with purchase take the property subject to the outcome of the litigation.
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