Escrow & Title
In Nevada, a 'lis pendens' recorded against a property gives notice of what?
AThat the property has a federal tax lien
BThat there is a pending lawsuit affecting title to the property✓ Correct
CThat the property's HOA dues are delinquent
DThat the property has been designated as a historic landmark
Explanation
A lis pendens (Latin for 'lawsuit pending') is a recorded notice that alerts potential buyers, lenders, and title companies that there is pending litigation affecting the title or ownership of a specific property. Anyone acquiring an interest in the property after the lis pendens is recorded takes subject to the outcome of the litigation.
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