Property Ownership
A lis pendens recorded against a Vermont property alerts potential buyers that:
AThe property is listed for sale
BThere is pending litigation affecting the title✓ Correct
CA tax lien has been filed
DThe property is in foreclosure and has been sold
Explanation
A lis pendens ('notice of pending action') recorded in the land records puts the world on notice that litigation is pending that may affect title to the property, protecting parties in the lawsuit.
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