Lis pendens is a formal notice that there is a pending action, or lawsuit, that could affect the title of the property. A lis pendens is an official notice to the public that a lawsuit involving a claim on a property has been filed.A release of lis pendens is a bond covering the cost of the lis of pendens to release the property back to the defendant. To file and record a lis pendens against real estate, the claimant must have made a "real property claim" in the underlying litigation. 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. In essence, a lis pendens is a notice of pending litigation against a piece of real property, such as a partition action. Lis pendens serves as a formal notice of a pending lawsuit involving real property. Lis Pendens is a term that means "pending lawsuit" and one that is sometimes used in litigation related to real estate property. Payment of Debt: Paying the delinquent bill (including all penalties and costs) will result in a release of the judgment. A Notice of Action, also known as Lis Pendens (Latin for "a suit pending"), may be recorded in a lawsuit that involves title to real property.