Lis Pendens
[Latin, Pending lawsuit.] A reference to the jurisdiction (or control) that courts obtain over property in a suit awaiting action.
A notice filed in the office of public records that the ownership of real property is the subject of a legal controversy and that anyone who purchases it takes it subject to any claims asserted in the action and thereby its value might be diminished.
Printed copy · Anthology Volume 6, page 829Printed copy from The Tender For Law Anthology, Volume 6, page 829 (printed 13 June 2014). Added by this site; not part of the Facebook export.