A lis pendens is a common tool used in Florida to put third parties on notice of a pending lawsuit against real estate. If filed properly, a lis pendens protects the plaintiff in a lawsuit from any intervening liens on the property filed after the lis pendens. However, property owners may not be able to sell, obtain financing, or obtain title insurance until the lis pendens is removed. Whether a party is filing a lis pendens, or a lis pendens is filed against their property, it is important to know the do’s and don’ts of lis pendens in Florida. Read the article……………………………………..
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