« Back to Glossary Index

-A legal document recorded to show pending legal action relating to real property. This gives notice that anyone acquiring an interest in the property after the date of the notice may be bound bye the outcome of the legal action.
-A legal notice recorded to show pending litigation relating to real property and giving notice
that anyone acquiring an interest in said property subsequent to the date of the
notice may be bound by the outcome of the litigation. Often filed prior to a mortgage
foreclosure proceeding.

« Back to Glossary Index