Escrow & Title
A 'lis pendens' recorded in the public record indicates:
AA property has a pending tax lien
BA lawsuit has been filed affecting title to the property✓ Correct
CA lender has begun foreclosure proceedings
DThe property is in probate following the owner's death
Explanation
A lis pendens (Latin for 'suit pending') is a notice recorded in the public record that a lawsuit affecting title to the property has been filed. It alerts prospective buyers and lenders that title may be affected by the outcome of the litigation.
Related Oregon Escrow & Title Questions
- Title insurance premiums in Oregon are:
- An easement that is granted specifically to a utility company to run power lines across a property is an example of:
- When an Oregon property is sold, how are property taxes typically prorated at closing?
- In Oregon, licensed escrow agents are regulated by:
- In Oregon, 'constructive notice' provided by recording a deed means:
- When a buyer and seller sign closing documents, the escrow officer disburses funds and records the deed. This point is called:
- In Oregon, the county in which a real property deed must be recorded to be effective against third parties is the county where:
- A quitclaim deed conveys:
Practice More Oregon Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oregon Quiz →