Escrow & Title
In Michigan, a lis pendens is recorded to provide notice that:
AA property has been sold
BLitigation is pending that may affect title to the property✓ Correct
CA new mortgage has been placed on the property
DThe property taxes are delinquent
Explanation
A lis pendens (Latin for 'pending suit') is a recorded notice that a lawsuit has been filed involving the property. It warns potential buyers or lenders that the title may be affected by the outcome of the litigation.
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