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9/26/2011 7:32:04 AM
Lis Pendens is not a lien, but works like a lien. It is simply a notice of claim on the real property. As such, it is difficult if not almost impossible to sell the property with a lis pendens because a buyer must risk that he/she pay on the lis pendens. Once placed on, it can only be removed by an order of the court or voluntarily by the party who filed the lis pendens. It doesn't come off automatically.
