Escrow & Title
What is a 'lis pendens' in the context of an Ohio real estate transaction?
AA title insurance endorsement
BA notice recorded in the public record that a lawsuit affecting the property is pending✓ Correct
CA lien for unpaid property taxes
DA restriction in the deed limiting use
Explanation
A lis pendens ('suit pending') is a recorded notice that litigation affecting the title or possession of real property is pending. It puts potential buyers and lenders on notice of the dispute.
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