Lis Pendens
Notice of a pending suit; a public notice given to prospective purchasers and any one else considering an interest in property that the title is being legally challenged, and the outcome is subject to a judicial ruling. For example, a municipality is about to begin an eminent domain proceeding against a parcel of property, an a lis pendens is filed giving public notice of the pending legal action.
Popular Real Estate Terms
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Bottom of a frame such as a window sill. ...
Borrower who gives property as collateral for a loan. ...
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Contractual provision requiring apportionment. ...
The endorser stipulates something such as that the transferee cannot use the funds for six months. ...
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