FinancingMEDIUM
A Florida lis pendens:
Correct Answer
B) Gives notice of pending litigation affecting the property
A lis pendens is recorded notice that litigation is pending that affects the property.
Answer Options
A
Transfers ownershipB
Gives notice of pending litigation affecting the propertyC
Is a type of deedD
Releases the mortgageVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
property-title-recordsforeclosure-processreal-estate-litigation
Key Terms:
lis pendensFlorida Statutes §48.23pending litigationconstructive noticetitle encumbrance
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