Escrow & Title

A lis pendens recorded against a property indicates:

AThe property is subject to a pending lawsuit✓ Correct
BThe property has an unpaid mechanic's lien
CThe owner has filed for bankruptcy
DThe property is under a government taking

Explanation

Lis pendens (Latin: 'suit pending') is a notice recorded in public records that a lawsuit has been filed that may affect title to or ownership of the property. It warns potential buyers and lenders of the pending litigation.

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