Property Ownership
In Virginia, a lis pendens is best described as:
AA lien placed by a contractor for unpaid work
BA notice recorded to warn that a lawsuit is pending involving title to the property✓ Correct
CA court order stopping the sale of a property
DA tax lien filed by a Virginia locality
Explanation
A lis pendens (Latin for 'suit pending') is recorded in the land records to provide notice that litigation is pending that may affect title to the property, warning potential buyers and lenders.
Related Virginia Property Ownership Questions
- In Virginia, a developer who records a subdivision plat and sells lots is making a representation that the streets shown on the plat are:
- A Virginia landowner who sells the surface rights to their property while retaining the mineral rights is conveying:
- Virginia's 'Torrens system' is:
- A Virginia property is described using a metes and bounds description that starts at a 'point of beginning' (POB). The description must:
- In Virginia, a 'land contract' (installment sale contract) allows the buyer to:
- Under Virginia law, adverse possession requires continuous, hostile, open, actual use for how many years?
- In Virginia, a lis pendens recorded against a property:
- A Virginia couple taking title as joint tenants with right of survivorship must have which 'four unities'?
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