Escrow & Title
In Texas, a 'lis pendens' is a recorded notice that:
ASignals a property is for sale
BInforms potential buyers that the property is the subject of pending litigation✓ Correct
CEstablishes the property tax lien
DGrants an easement to an adjacent property
Explanation
A lis pendens (Latin for 'suit pending') is a notice recorded in the county deed records warning that there is pending litigation affecting the title to a specific property. It puts potential buyers and lenders on constructive notice that any interest they acquire may be subject to the outcome of the lawsuit.
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