A lis pendens is a notice filed in the deed records at the courthouse that a lawsuit has been filed challenging a property’s ownership. It normally gives notice of the suit as well as the parties and the court in which the suit has been filed. If a lis pendens is filed, the ownership of the property depends upon the lawsuit’s outcome, and consequently, it’s considered a cloud on title.
If a title search reveals a lis pendens, then we cannot close until the suit is resolved or the lis is released.
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