Escrow & Title

A lis pendens recorded against a Pennsylvania property means:

AThe property has a tax lien
BThere is pending litigation affecting the title to the property✓ Correct
CThe property failed a home inspection
DThe seller has declared bankruptcy

Explanation

Lis pendens (Latin for 'suit pending') is a recorded notice that litigation involving a property's title is pending. It warns potential buyers that any interest they acquire may be subject to the outcome of the lawsuit.

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