The Filed Lis Pendens on in Allegheny form serves as a crucial document for notifying interested parties of a pending legal action affecting the ownership of a property. This form is particularly relevant for attorneys, partners, owners, associates, paralegals, and legal assistants who need to manage real estate transactions and related disputes effectively. Key features include the acknowledgment of valuable consideration and the request for the Clerk or Recorder to enter satisfaction and cancel the previously recorded Lis Pendens. Users must fill in details such as the date, clerk's information, and appropriate identifiers for the recorded Lis Pendens. The form is intended for use when a legal claim is resolved, allowing for the official removal of the Lis Pendens from public records. It provides clear instructions to ensure proper completion and submission, reinforcing its utility in real estate and legal proceedings. This tool is essential for safeguarding property rights and facilitating a smooth resolution process in property-related disputes.