Notice of Lis Pendens. Lis pendens simply means that a suit is pending in Latin.A lis pendens is the first filing made during the foreclosure process. Barron's Dictionary of Real Estate Terms defines Lis Pendens as Latin for suit pending. Forms ; Complaint Verification. PDF ; Summons with Notice. A notice of pendency, also known as lis pendens, is a provisional remedy available to litigants seeking a judgment that affects title to real property. State law requires a lis pendens to be served on the property owner within 30 days after its recording. In New York, foreclosure proceedings can take about 455 days (or 15 months) on average, depending on how you respond to the lawsuit. I certainly understand the situation and your concern.