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Home > Law > Family Law   »   lis pendens

 
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Old Jul 6, 2007, 10:20 AM
eraokojie
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lis pendens

i am going thru a somewhat nasty divorce and i would like to know if i can file a lis pendens against the disputed property. how does lis penden work and the consequences. cheers

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Old Jul 6, 2007, 10:23 AM   #2  
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lis pendens


(1) Latin for "a suit pending." The term may refer to any pending lawsuit. (2) A written notice that a lawsuit has been filed concerning real estate, involving either the title to the property or a claimed ownership interest in it. The notice is usually filed in the county land records office. Recording a lis pendens against a piece of property alerts a potential purchaser or lender that the property’s title is in question, which makes the property less attractive to a buyer or lender. After the notice is filed, anyone who nevertheless purchases the land or property described in the notice takes subject to the ultimate decision of the lawsuit.


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