The Lis Pendens release form for Texas in Allegheny is a crucial legal document used to cancel an existing Lis Pendens that has been recorded. This form acknowledges the receipt of valuable consideration and authorizes the local Clerk or Recorder's office to satisfy and cancel the recorded Lis Pendens from the official land records. Key features include the requirement for the form to be signed and dated, along with the necessity to specify the details of the original Lis Pendens, such as the book and page number. Filling out the form requires accurate information regarding the location of the recording and a clear acknowledgment of the consideration given. It serves various use cases relevant to professionals in the legal field. Attorneys may use this form to assist clients in lifting encumbrances when disputes are resolved. Partners and owners can utilize the form to clear their property titles for sale or refinancing purposes. Paralegals and legal assistants may fill out and process the form to aid attorneys in managing property disputes efficiently. Overall, the document is vital for ensuring that property records are updated and accurate in the state of Texas.