Lis Pendens
A recorded notice that a lawsuit affecting title to a property is pending, warning third parties that the outcome could affect the property.
Quick flashcard
What does Lis Pendens mean on the Texas real estate exam?
Answer: A recorded notice that a lawsuit affecting title to a property is pending, warning third parties that the outcome could affect the property.
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Lis Pendens definition
Lis pendens means suit pending. It is a notice recorded in the public record to alert anyone dealing with the property that a lawsuit affecting its title or possession is underway. It commonly appears in a judicial foreclosure or a title dispute, rather than in a Texas non-judicial deed-of-trust sale.
Anyone who buys or lends against the property after the lis pendens is recorded takes subject to the outcome of the lawsuit.
Source basis
Definition checked against the official sources below on .
On the exam
Exam trap
Tested in
Financing & Settlement (7 of 80 National)
From definition to recall
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