Property Ownership
In Minnesota, a lis pendens affects the property's title by:
ATransferring ownership to the plaintiff in the lawsuit
BPutting potential buyers on notice that title may be subject to the outcome of pending litigation✓ Correct
CPreventing the property from being sold under any circumstances
DReducing the property's assessed value during litigation
Explanation
A lis pendens warns the world—through recording in the public record—that legal proceedings are pending that may affect the property's title. It does not transfer ownership or prevent sale outright, but it clouds the title and makes many buyers, lenders, and title companies unwilling to proceed until the litigation is resolved.
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