Property Ownership
A NH property encumbered by a lis pendens cannot be:
AOccupied by the current owner
BSold to a purchaser who would take free and clear of the pending litigation's outcome✓ Correct
CTaxed by the municipality
DMortgaged at all
Explanation
A lis pendens provides constructive notice to all prospective buyers of pending litigation. A buyer who purchases with knowledge of the lis pendens (deemed to have it through the recording) takes subject to the outcome of the lawsuit.
Related New Hampshire Property Ownership Questions
- A NH property owner's deed contains the phrase 'to have and to hold.' This phrase is known as the:
- New Hampshire's 'flag lot' typically describes:
- A life estate in New Hampshire grants the life tenant the right to:
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- Escheat in New Hampshire occurs when:
- A conservation restriction (easement) on a NH property that runs with the land means:
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