diff --git a/include/spdk_internal/lvolstore.h b/include/spdk_internal/lvolstore.h
index 0d1df225c..89557a681 100644
--- a/include/spdk_internal/lvolstore.h
+++ b/include/spdk_internal/lvolstore.h
@@ -89,6 +89,7 @@ struct spdk_lvol_store {
 	int				lvols_opened;
 	bool				destruct;
 	TAILQ_HEAD(, spdk_lvol)		lvols;
+	TAILQ_HEAD(, spdk_lvol)		pending_lvols;
 	bool				on_list;
 	TAILQ_ENTRY(spdk_lvol_store)	link;
 	char				name[SPDK_LVS_NAME_MAX];
diff --git a/lib/lvol/lvol.c b/lib/lvol/lvol.c
index 6142afcf4..00487ce05 100644
--- a/lib/lvol/lvol.c
+++ b/lib/lvol/lvol.c
@@ -374,6 +374,7 @@ _spdk_lvs_load_cb(void *cb_arg, struct spdk_blob_store *bs, int lvolerrno)
 	lvs->blobstore = bs;
 	lvs->bs_dev = req->bs_dev;
 	TAILQ_INIT(&lvs->lvols);
+	TAILQ_INIT(&lvs->pending_lvols);
 
 	req->lvol_store = lvs;
 
@@ -535,6 +536,7 @@ _spdk_lvs_init_cb(void *cb_arg, struct spdk_blob_store *bs, int lvserrno)
 	assert(bs != NULL);
 	lvs->blobstore = bs;
 	TAILQ_INIT(&lvs->lvols);
+	TAILQ_INIT(&lvs->pending_lvols);
 
 	SPDK_INFOLOG(SPDK_LOG_LVOL, "Lvol store initialized\n");
 
@@ -961,6 +963,8 @@ _spdk_lvol_create_open_cb(void *cb_arg, struct spdk_blob *blob, int lvolerrno)
 	spdk_blob_id blob_id = spdk_blob_get_id(blob);
 	struct spdk_lvol *lvol = req->lvol;
 
+	TAILQ_REMOVE(&req->lvol->lvol_store->pending_lvols, req->lvol, link);
+
 	if (lvolerrno < 0) {
 		free(lvol);
 		req->cb_fn(req->cb_arg, NULL, lvolerrno);
@@ -994,6 +998,7 @@ _spdk_lvol_create_cb(void *cb_arg, spdk_blob_id blobid, int lvolerrno)
 	struct spdk_blob_store *bs;
 
 	if (lvolerrno < 0) {
+		TAILQ_REMOVE(&req->lvol->lvol_store->pending_lvols, req->lvol, link);
 		free(req->lvol);
 		assert(req->cb_fn != NULL);
 		req->cb_fn(req->cb_arg, NULL, lvolerrno);
@@ -1048,6 +1053,13 @@ _spdk_lvs_verify_lvol_name(struct spdk_lvol_store *lvs, const char *name)
 		}
 	}
 
+	TAILQ_FOREACH(tmp, &lvs->pending_lvols, link) {
+		if (!strncmp(name, tmp->name, SPDK_LVOL_NAME_MAX)) {
+			SPDK_ERRLOG("lvol with name %s is being already created\n", name);
+			return -EEXIST;
+		}
+	}
+
 	return 0;
 }
 
@@ -1090,6 +1102,7 @@ spdk_lvol_create(struct spdk_lvol_store *lvs, const char *name, uint64_t sz,
 	lvol->close_only = false;
 	lvol->thin_provision = thin_provision;
 	snprintf(lvol->name, sizeof(lvol->name), "%s", name);
+	TAILQ_INSERT_TAIL(&lvol->lvol_store->pending_lvols, lvol, link);
 	spdk_uuid_generate(&lvol->uuid);
 	spdk_uuid_fmt_lower(lvol->uuid_str, sizeof(lvol->uuid_str), &lvol->uuid);
 	req->lvol = lvol;
@@ -1150,6 +1163,7 @@ spdk_lvol_create_snapshot(struct spdk_lvol *origlvol, const char *snapshot_name,
 
 	newlvol->lvol_store = origlvol->lvol_store;
 	snprintf(newlvol->name, sizeof(newlvol->name), "%s", snapshot_name);
+	TAILQ_INSERT_TAIL(&newlvol->lvol_store->pending_lvols, newlvol, link);
 	spdk_uuid_generate(&newlvol->uuid);
 	spdk_uuid_fmt_lower(newlvol->uuid_str, sizeof(newlvol->uuid_str), &newlvol->uuid);
 	snapshot_xattrs.count = SPDK_COUNTOF(xattr_names);
@@ -1207,6 +1221,7 @@ spdk_lvol_create_clone(struct spdk_lvol *origlvol, const char *clone_name,
 
 	newlvol->lvol_store = lvs;
 	snprintf(newlvol->name, sizeof(newlvol->name), "%s", clone_name);
+	TAILQ_INSERT_TAIL(&newlvol->lvol_store->pending_lvols, newlvol, link);
 	spdk_uuid_generate(&newlvol->uuid);
 	spdk_uuid_fmt_lower(newlvol->uuid_str, sizeof(newlvol->uuid_str), &newlvol->uuid);
 	clone_xattrs.count = SPDK_COUNTOF(xattr_names);
diff --git a/test/unit/lib/bdev/vbdev_lvol.c/vbdev_lvol_ut.c b/test/unit/lib/bdev/vbdev_lvol.c/vbdev_lvol_ut.c
index 44382179e..abef72c63 100644
--- a/test/unit/lib/bdev/vbdev_lvol.c/vbdev_lvol_ut.c
+++ b/test/unit/lib/bdev/vbdev_lvol.c/vbdev_lvol_ut.c
@@ -176,6 +176,7 @@ spdk_lvs_load(struct spdk_bs_dev *dev,
 		lvs = calloc(1, sizeof(*lvs));
 		SPDK_CU_ASSERT_FATAL(lvs != NULL);
 		TAILQ_INIT(&lvs->lvols);
+		TAILQ_INIT(&lvs->pending_lvols);
 		g_lvol_store = lvs;
 		for (i = 0; i < g_num_lvols; i++) {
 			_lvol_create(lvs);
@@ -269,6 +270,7 @@ spdk_lvs_init(struct spdk_bs_dev *bs_dev, struct spdk_lvs_opts *o,
 		lvs = calloc(1, sizeof(*lvs));
 		SPDK_CU_ASSERT_FATAL(lvs != NULL);
 		TAILQ_INIT(&lvs->lvols);
+		TAILQ_INIT(&lvs->pending_lvols);
 		spdk_uuid_generate(&lvs->uuid);
 		snprintf(lvs->name, sizeof(lvs->name), "%s", o->name);
 		lvs->bs_dev = bs_dev;
diff --git a/test/unit/lib/lvol/lvol.c/lvol_ut.c b/test/unit/lib/lvol/lvol.c/lvol_ut.c
index b52eb7133..e56b62418 100644
--- a/test/unit/lib/lvol/lvol.c/lvol_ut.c
+++ b/test/unit/lib/lvol/lvol.c/lvol_ut.c
@@ -1627,6 +1627,27 @@ lvol_names(void)
 	spdk_lvol_close(lvol2, close_cb, NULL);
 	spdk_lvol_destroy(lvol2, destroy_cb, NULL);
 
+	/* Simulate creating two lvols with same name simultaneously. */
+	lvol = calloc(1, sizeof(*lvol));
+	SPDK_CU_ASSERT_FATAL(lvol != NULL);
+	snprintf(lvol->name, sizeof(lvol->name), "tmp_name");
+	TAILQ_INSERT_TAIL(&lvs->pending_lvols, lvol, link);
+	rc = spdk_lvol_create(lvs, "tmp_name", 1, false, lvol_op_with_handle_complete, NULL);
+	CU_ASSERT(rc == -EEXIST);
+
+	/* Remove name from temporary list and try again. */
+	TAILQ_REMOVE(&lvs->pending_lvols, lvol, link);
+	free(lvol);
+
+	rc = spdk_lvol_create(lvs, "tmp_name", 1, false, lvol_op_with_handle_complete, NULL);
+	CU_ASSERT(rc == 0);
+	CU_ASSERT(g_lvserrno == 0);
+	SPDK_CU_ASSERT_FATAL(g_lvol != NULL);
+	lvol = g_lvol;
+
+	spdk_lvol_close(lvol, close_cb, NULL);
+	spdk_lvol_destroy(lvol, destroy_cb, NULL);
+
 	g_lvserrno = -1;
 	rc = spdk_lvs_destroy(lvs, lvol_store_op_complete, NULL);
 	CU_ASSERT(rc == 0);