A lis pendens is a recorded notice that a lawsuit may affect ownership of, title to, or another legal interest in a specific property. The Latin phrase generally means “litigation pending.” In Florida, recording the notice places buyers, lenders, and other interested parties on notice that the property is involved in an active legal case. A lis pendens does not automatically mean that the owner has lost the property. It also does not always make a sale legally impossible. However, it creates a serious title issue that…