Lis Pendens

Lis Pendens is a legal notice that indicates a lawsuit has been filed concerning a specific property. It serves to inform potential buyers or interested parties that the property is subject to litigation and that they may be affected by the outcome. This notice helps protect the interests of the party bringing the lawsuit by preventing the property from being sold or transferred without addressing the legal issues. Essentially, it acts as a warning that the property's status is in dispute until the court resolves the matter.