pendens lis
Definition 1
Changes, claims, disputes, interests, or proceedings relating to land, which must be recorded in the register for pending actions. Latin for, a pending action.
Definition 2
Legal rule that filing of a lawsuit constitutes notice of the claim asserted in it. Thus, any interest acquired in a property which is the subject matter of a lawsuit is subject to its outcome. Written also as lis pendens. See also pendente lite.
Popular 'Corporate, Commercial, & General Law' Terms
pendens lis in the news
This content can be found on the following page:
http://www.businessdictionary.com/definition/pendens-lis.html







