Escrow & Title
A lis pendens recorded against a property means:
AThe property taxes are delinquent
BA lawsuit has been filed that may affect the title to the property✓ Correct
CThe property is in foreclosure
DThe property is in a flood zone
Explanation
A lis pendens (Latin for 'suit pending') is a recorded notice that a lawsuit has been filed that may affect the title to the property. It warns potential buyers and lenders of the pending litigation.
Related North Dakota Escrow & Title Questions
- In North Dakota, a 'trustee's deed' is issued when:
- What is the purpose of the 'chain of title' examination in a North Dakota real estate transaction?
- When does title to real property pass from seller to buyer in a North Dakota real estate transaction?
- Proration at closing means that certain costs and credits are:
- In North Dakota, 'mechanics' liens' (construction liens) can be placed on property by:
- In North Dakota, a 'warranty of title' in a general warranty deed means the grantor will defend the title against:
- In North Dakota, when multiple offers exist on a property, the listing broker's duty is to:
- Title insurance protects against:
Practice More North Dakota Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free North Dakota Quiz →