The Release Lis Pendens form with two points in Bronx is an essential legal document used to cancel a previously recorded lis pendens notice, which indicates ongoing litigation concerning real estate. This form is crucial for attorneys, partners, owners, associates, paralegals, and legal assistants involved in property transactions and litigation. By completing this form, parties can effectively remove the cloud on the title of the property that the lis pendens imposes. Key features of the form include sections for detailing the specific lis pendens being released, including book and page numbers where it is recorded. Individuals must ensure the form is signed and properly acknowledged to validate the release. Filling out the form accurately is paramount; users should provide precise information regarding the property and the recorded lis pendens. This form is particularly useful in situations where a lawsuit has been resolved or if the parties involved have reached a settlement. It streamlines the process for clearing property titles, thereby facilitating smoother real estate transactions. Legal professionals should guide their clients in utilizing this form to ensure compliance with local recording requirements and procedures.