Lindsay Lohan Lands Liz Taylor TV Movie Role -- With One Caveat (Source)

Lindsay Lohan has more than just her upcoming hosting gig on "Saturday Night Live" to celebrate - she's scored the role of Elizabeth Taylor in the Lifetime TV movie, "Liz and Dick," a source tells Access Hollywood' s Billy Bush.

But, there is one legal-related caveat: Lindsay needs to stay on the right side of court.

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According to the source, if Lohan continues to stick to the judge's orders, as she has been doing, she will be playing the "Cleopatra" beauty in the Lifetime made-for-TV film about the late actress.

The project, helmed by producer Larry Thompson, has been in development since May 2011.

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Following a string of recent legal woes, the 25-year-old appeared in the January/February issue of Playboy. She was last seen on the big screen in "Machete" in 2010 and on the small screen in 2009's TV movie "Labor Pains."

She will host "Saturday Night Live" on March 3. Jack White will be the musical guest.

Lohan is due back in court on February 22.

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