Final answer:
A lis pendens is a legal notice indicating that a lawsuit regarding the title to a particular property is pending, serving to inform all interested parties that the outcome of the lawsuit could affect the property's title.
Step-by-step explanation:
The legal notice that a lawsuit is pending concerning the title to a particular property is called a lis pendens.
This term is Latin for 'suit pending' and is a written notice that a lawsuit has been filed involving the title to the property or some interest in that property.
Such a notice is intended to warn all parties that the title to the property is in dispute, and any subsequent purchaser or lender would be bound by the outcome of the lawsuit.
It is important for those interested in the property to be aware of this as it could affect their rights to the property.