Foreclosure
Law Definitions
Lis
Pendens (LIS)
A
publicly recorded notice of a pending lawsuit against a
property owner that may affect the ownership of a
property. Gives
notice that anyone acquiring an interest in the property
subsequent to the date of the notice may be bound by the
outcome of the litigation. Some
states require lenders to file a lis pendens to begin the
foreclosure process if a borrower is in default on loan
payments.
Back to
foreclosure law definitions
Disclaimer
Back to the foreclosure
laws for all states
We can help you
Sell Your Home to Avoid Foreclosure.
All
you have to do is fill out this simple online form for a
quick response.
a representative will contact you about
how we can help you stop foreclosure today.
