The Release Lis Pendens form in the Bronx serves to officially cancel a previously filed Lis Pendens, which is a legal notice indicating that a property is subject to pending litigation. This form includes essential details such as the identification of the Clerk's office where the Lis Pendens is recorded, as well as specifics about the original recording, like book and page numbers. Key features of the form include the acknowledgment of valuable consideration, allowing for the legal release of the Lis Pendens, and a clear request to the Clerk to enter satisfaction of the notice. Filling out the form requires users to provide accurate information regarding the original Lis Pendens and the relevant legal parties involved. Legal professionals, including attorneys, partners, owners, associates, paralegals, and legal assistants, can utilize this form in various situations, such as resolving disputes, clearing property titles, or facilitating real estate transactions. The form is crucial for maintaining clarity in property ownership and ensuring that any previous legal claims against the property are formally withdrawn.