J. & S. CORP. v. Mortgage Associates, Inc.

The question on appeal is whether one who acquires an interest in land by a conveyance prior to the filing of a lis pendens is nonetheless bound by the proceedings in an action affecting title to the real estate, unless the instrument of conveyance is of record prior to the filing of the Us pendens.

We deem sec. 281.03 (1), Stats., dispositive of this issue. That statute provides:

“281.03 Lis pendens; who may file; effect; when void; discharge. (1) In an action where the complaint contains a legal description of real estate and seeks relief in respect to the title thereto, after the filing of…