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    eraokojie's Avatar
    eraokojie Posts: 1, Reputation: 1
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    #1

    Jul 6, 2007, 10:20 AM
    Lis pendens
    I am going through 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
    mr.yet's Avatar
    mr.yet Posts: 1,725, Reputation: 176
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    #2

    Jul 6, 2007, 10:23 AM
    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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