The Release of Lis Pendens form is essential for individuals or entities in Bronx, New York, seeking to formally cancel a previously filed Lis Pendens notice. This document acknowledges that a valuable consideration has been received, which is critical in the legal process. It allows the Clerk or Recorder's office to satisfy and remove the notice from public records, thereby clearing any potential claims associated with the property. The form requires specific details, including the city, county, and state where the Lis Pendens was recorded, as well as the book and page numbers. Target users, such as attorneys, partners, owners, associates, paralegals, and legal assistants, will find this form useful for managing real estate transactions or disputes involving property claims in a timely manner. Instructions for filling out the form emphasize clarity in providing accurate information to ensure successful cancellation. Furthermore, this form serves as a protective measure to affirm property ownership and prevent future legal complications. With a professional and straightforward layout, it supports users in navigating the necessary legal processes with confidence.