Question

If a property title has a notice of Lis Pendens, would this be considered a material fact that the seller's broker is required to disclose to the buyer?

Answer 1

Yes, a notice of Lis Pendens on a property title is a material fact that the seller's broker must disclose to the buyer.

Step-by-step explanation:

Yes, a notice of Lis Pendens on a property title would be considered a material fact that the seller's broker is required to disclose to the buyer. A notice of Lis Pendens is a legal notice that indicates there is a pending lawsuit against the property. It warns potential buyers that the property's ownership may be affected by the outcome of the lawsuit.