Lis pendens is an official notice to the public that a lawsuit has been filed and a property has a claim against it. A lis pendens is a notice that a lawsuit has been filed regarding either a dispute in ownership of real estate or some other claim of interest in the property.Once the complaint is filed, it enters a Lis pendens, meaning a suit is pending. A release of lis pendens notice is a type of surety bond that allows the defendant to carry out the sale of the property. 'Lis Pendens' is a Latin term that translates to "pending litigation. Think of Lis Pendens as "notice of lawsuit". Once recorded this gives notice to the world that there is litigation pending over a parcel of real property. Lis Pendens (May 1, 2000, Revised February 27, 2009) . WOODLOCK, District Judge.