A lis pendens is a legal document filed in public records to notify interested parties that a lawsuit involving a particular property is pending. (a) Record a notice in the form described in subsection (2) of this section in the office of the auditor in each county in which the deed of trust is recorded;.A lis pendens is not a mechanics lien, but it is often required as part of the lien process. Remember that a lis pendens is a notice of a pending lawsuit. It can be scary when you receive a foreclosure notice. Learn what yours means and what you can do about it with help from Nadia Kilburn. This notice establishes the date, time and place of the foreclosure auction. It can take up to 12 months to complete a foreclosure, depending upon the state. Lis pendens is a notice lenders use when they initiate a foreclosure sale. To file and record a lis pendens against real estate, the claimant must have made a "real property claim" in the underlying litigation.