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SPOUSES HENRY G. LIM and ROSARIO T. LIM vs PEPITO M. VERA CRUZ

SPOUSES HENRY G. LIM and ROSARIO T. LIM, petitioners, vs. PEPITO M. VERA CRUZ, respondent.

G.R. No. 143646 | 2001-04-04

D E C I S I O N

SANDOVAL-GUTIERREZ, J.:

Lis pendens is a Latin term which literally means a pending suit. Notice of lis pendens is filed for the purpose of warning all persons that the title to certain property is in litigation and that if they purchase the same, they are in danger of being bound by an adverse judgment.[1] The notice is, therefore, intended to be a warning to the whole world that one who buys the property does so at his own risk. This is necessary in order to save innocent third persons from any involvement in any future litigation concerning the property.[2]

Petitioners filed the instant petition for review on...