Escrow & Title

In Rhode Island, a lis pendens recorded against a property means:

AThe property has a tax lien
BThere is pending litigation affecting the title to the property✓ Correct
CThe property is in foreclosure
DThe mortgage has been paid off

Explanation

Lis pendens is Latin for 'pending lawsuit.' Recording a lis pendens provides constructive notice that there is pending litigation that may affect the title or ownership of the property.

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