Lis Pendens: What is It?
The Latin term Lis Pendens means simply “pending lawsuit”. In essence, it is a reference to which jurisdiction will control a law suit that is awaiting legal or court action. In practical terms, it is a notice that is filed in the public records office that shows (or states) that a certain property is under some form of legal action, and if someone should buy that property before the suit is settled the buyer may be subject to claims on