lis pendens

lis pendens
lis pendens
A pending lawsuit. Typically a notice of lis pendens is filed of record with the court in which the suit is pending, if the subject matter of the lawsuit involves a dispute as to title to certain real estate. Although the notice of the lis pendens does not create an enforceable lien, it is notice to the public that all who have or claim an interest in the affected property risk having their interest bound by an adverse judgment. (Bernstein's Dictionary of Bankruptcy Terminology)

A dispute which is the subject of ongoing or pending litigation. Oftentimes, a lis pendens can be filed at the Land Registry Office against real property to denote to third parties that another party may have an interest in the property. (Dictionary of Canadian Bankruptcy Terms)

United Glossary of Bankruptcy Terms 2012.

lis pendens
A pending lawsuit. Typically a notice of lis pendens is filed of record with the court in which the suit is pending, if the subject matter of the lawsuit involves a dispute as to title to certain real estate. Although the notice of the lis pendens does not create an enforceable lien, it is notice to the public that all who have or claim an interest in the affected property risk having their interest bound by an adverse judgment.

US Bankruptcy 2012.


Glossary of Bankruptcy.

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Look at other dictionaries:

  • Lis pendens — is Latin for suit pending. [1] This may refer to any pending lawsuit or to a specific situation with a public notice of litigation that has been recorded in the same location where the title of real property has been recorded. This notice secures …   Wikipedia

  • lis pendens — lis pen·dens / lis pen ˌdenz/ n [Latin] 1: a pending suit 2: a written notice of a pending suit involving property usu. filed in the appropriate office (as a registry of deeds) – called also notice of pendency; 3 a: the jurisdiction and control… …   Law dictionary

  • lis pendens — /lis pendenz/ A pending suit. Jurisdiction, power, or control which courts acquire over property in litigation pending action and until final judgment. A common law doctrine, now codified in many states so as to condition its effect on the filing …   Black's law dictionary

  • lis pendens — /lis pendenz/ A pending suit. Jurisdiction, power, or control which courts acquire over property in litigation pending action and until final judgment. A common law doctrine, now codified in many states so as to condition its effect on the filing …   Black's law dictionary

  • lis pendens — [lis pen′denz] n. [L] Law a pending suit: a lis pendens involves the legal doctrine that a court acquires jurisdiction over property involved in a suit …   English World dictionary

  • lis pendens — /lis pen denz/, Law. 1. a pending suit listed on the court docket. 2. the rule placing property involved in litigation under the court s jurisdiction. 3. the principle that the filing of a suit constitutes notice of the claim asserted. [ < L lis… …   Universalium

  • Lis Pendens — An official notice to the public that a lawsuit has been filed. Lis Pendens refers to the concept that any buyer of property must assume any litigation that exists pertaining to the property. If a buyer purchases a lot that a bank was suing the… …   Investment dictionary

  • lis pendens — Literally, a pending suit; in law, the jurisdiction, power, or control that a court has, during the pendency of an action, over the property involved therein. 34 Am J1st Lis P § 1. See notice of lis pendens …   Ballentine's law dictionary

  • lis pendens, notice of — n. A public notice informing the community that a particular property is subject to litigation and that prospective purchasers of the property will be bound by any judgment affecting it. The Essential Law Dictionary. Sphinx Publishing, An imprint …   Law dictionary

  • lis pendens — 1. спор, ожидающий своего разрешения в другом юрисдикционном органе, суде или арбитраже, чье решение, возможно, будет иметь преюдициальное значение; 2. = lis alibi pendens рассмотрение аналогичного спора в другом юрисдикционном органе, суде или… …   Glossary of international commercial arbitration

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