Escrow & Title (alternative)
In Maryland, a notice of lis pendens recorded in the land records warns potential buyers that:
AThe property has been condemned by the local government
BLitigation is pending that could affect title to the property✓ Correct
CThe property is in foreclosure
DA mechanic's lien has been filed
Explanation
A lis pendens (pending suit) notice provides constructive notice to potential buyers that the property is the subject of pending litigation that may affect ownership rights.
Related Maryland Escrow & Title (alternative) Questions
- A Maryland deed must include an adequate property description to be valid. Which of the following is an adequate legal description?
- A Maryland title company discovers that a prior deed in the chain of title was forged. Under the owner's title insurance policy, the buyer is protected because:
- A title search in Maryland examines public records to determine:
- Maryland is considered an 'attorney closing state,' which means:
- A Maryland title company that detects a 'cloud on title' before settlement should:
- A Maryland special warranty deed warrants title only against claims arising:
- In Maryland, a deed is considered 'delivered' when:
- A Maryland mechanics' lien arises when:
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