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lis pendens |
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lis pendens [lɪs ˈpɛndɛnz] n
1. (Law) a suit pending in a court that concerns the title to land 2. (Law) a notice filed to warn interested persons of such a suit [Latin: pending lawsuit] ThesaurusLegend: Synonyms Related Words Antonyms
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Comparing NYC Lis Pendens in Q3 2005 and Q3 2006, we see an increase in defaults across all boroughs; this may be indicative of a future increase in foreclosure rates City-wide. The first thing for a plaintiff to do may be to record a lis pendens (or notice of pendency of action) on the property. There have been over 2800 recent lis pendens filings in Queens, and almost 3000 filings in Kings County. |
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