Escrow & Title
In Maine, a 'lis pendens' recorded against a property notifies potential buyers that:
AThe property taxes are overdue
BThere is a pending lawsuit affecting the property✓ Correct
CThe property is in foreclosure
DThe title insurance has been cancelled
Explanation
A lis pendens ('suit pending') is a notice recorded in the Registry of Deeds warning that a lawsuit has been filed that may affect title to the property. Purchasers who buy subject to a lis pendens take the property subject to the outcome of the litigation.
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