Escrow & Title
A North Dakota property with a 'lis pendens' on record warns future buyers that:
AThe property is in foreclosure
BA pending lawsuit may affect the property's title and the outcome could impact ownership✓ Correct
CThe property has unpaid property taxes
DThe property has environmental contamination
Explanation
A lis pendens (Latin for 'litigation pending') is a recorded notice that a lawsuit involving the property's title or ownership is in progress. Any buyer acquiring the property during pending litigation takes subject to the litigation's outcome.
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