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FAQ Real Estate Dictionary L Lis Pendens
FAQ Real Estate Dictionary L Lis Pendens
Lis Pendens
- DATE ADDED:
- Tuesday, 07 April 2009
- FAVOURED:
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ANSWER
A legal document recorded in the Bureau of Conveyances, which gives constructive notice that an action has been filed in either a state or federal court affecting a particular piece of property. "Lis Pendens" is a Latin term which means "action pending" and is in the nature of a quasi-lien.