Escrow & Title

A lis pendens recorded against a Mississippi property means:

AThe property has a federal tax lien
BThere is pending litigation affecting the property's title✓ Correct
CThe property is in foreclosure
DThe property taxes are delinquent

Explanation

A lis pendens ('pending suit') is a recorded notice that litigation is pending that may affect title to the property. It serves as constructive notice to potential buyers and lenders.

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