Simple English definitions for legal terms
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Notice of Lis Pendens: A notice that is recorded in the chain of title to real property to warn all persons that the property is the subject matter of litigation. This means that any interests acquired during the lawsuit are subject to its outcome. It is also known as a notice of pendency and is required or permitted in some jurisdictions.
A notice of lis pendens is a legal term that refers to a pending lawsuit. It is also the jurisdiction, power, or control acquired by a court over property while a legal action is pending. In some jurisdictions, a notice of lis pendens is required or permitted to warn all persons that certain property is the subject matter of litigation, and that any interests acquired during the pendency of the suit are subject to its outcome.
For example, if a person is suing another person over a piece of property, they may file a notice of lis pendens with the county recorder's office. This notice will be recorded in the chain of title to the property, and it will warn any potential buyers or lenders that the property is the subject of a lawsuit. If the lawsuit is successful, the outcome will affect the ownership of the property.
Another example is if a bank is foreclosing on a property, the homeowner may file a notice of lis pendens to stop the foreclosure process. This notice will inform the bank and any potential buyers that the property is the subject of a lawsuit, and it cannot be sold or transferred until the lawsuit is resolved.