The Release of Lis Pendens form is essential for individuals involved in real estate transactions where a notice of lis pendens was previously filed. This form is used to officially cancel the recorded lis pendens in the official land records, indicating that the legal action has been resolved or is no longer valid. Key features of this form include the acknowledgment of valuable consideration and the request for the clerk or recorder to enter satisfaction and cancel the record. Filling out this form requires accurate details of the previously recorded lis pendens, including the book and page numbers where it was filed, as well as the relevant city and county information in Alameda. The form must be signed and dated to ensure its validity. Specific use cases involve attorneys, paralegals, and legal assistants handling foreclosures or property disputes, as it facilitates the clearing of title issues for property owners and prospective buyers. This form ultimately helps to maintain the integrity of public property records and confirms the resolution of any claims associated with the property.