lis pendens

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 of a notice, that binds a purchaser or encumbrancer of property to the results of any pending lawsuit which may affect the title to, any lien on, or possession of the property.
Purpose of "lis pendens" is to notify prospective purchasers and encumbrancers that any interest acquired by them in property in litigation is subject to decision of court and while it is simply a notice of pending litigation the effect thereof on the owner of property is constraining. Beefy King Intern., Inc., v. Veigle, C.A.Fla., 464 F.2d 1102, 1104.
@ notice of lis pendens
/nowtas av lis pendanz/
A notice filed on public records for the purpose of warning all persons that the title to certain property is in litigation, and that they are in danger of being bound by an adverse judgment. The notice is for the purpose of preserving rights pending litigation. Mitchell v. Federal Land Bank of St. Louis, 206 Ark. 253, 174 S.W.2d 671, 674.
This is termed a "notice of pendency" in New York. CPLR No. 6501
See also lis pendens
@

Black's law dictionary. . 1990.

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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

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  • 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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