When you see lis pendens this will mean that
litigation is pending and that there will be a judgment sometime
soon concerning this property. This lis pendens will be seen in the
preliminary title report and it is a cloud on the title. In most
cases any lawyer will file a lis pendens when he or she is involved
with a case that effect the title of a property in any way shape or
form. In most cases a property cannot be sold while
there is such a cloud on it.
If you are the owner and you
see a lis pendens on your property what you need to do is post a
bond. If it turns out that the lis pendens should not have been
filed at all then you could even have it expunged without ever
having to post this bond.
A lis pendens will be in the
preliminary report of the title along with any easements and other
liens. You need to read this report from top to bottom in order to
find out about the different liens and which ones need to be taken
care of before closing.