Release Of Lis Pendens Form New York In Collin
Category:
State:
Multi-State
County:
Collin
Control #:
US-00403BG
Format:
Word
Instant download
Description
The Release of Lis Pendens form in New York is a legal document that serves to formally dismiss a previously filed lis pendens, which indicates that a lawsuit related to real estate is pending. This form is essential for ensuring clarity in property title by removing any claims that may have been asserted against the property due to ongoing litigation. It includes space for the acknowledgment of valuable consideration, details of the original lis pendens recorded, and a directive for the clerk or recorder to officially cancel the record. For attorneys, partners, and owners, this form can help expedite resolutions in real estate transactions and property disputes, allowing them to clear titles for future dealings. Paralegals and legal assistants play a pivotal role in preparing and filing the form correctly to avoid potential legal issues. Clear instructions should be followed to ensure that all required details are filled accurately. Additionally, the form is useful in situations where a case has been resolved or if the parties involved have come to an agreement, thereby necessitating the release of any claims to the property. Overall, proper use of the Release of Lis Pendens form helps maintain the integrity of real estate transactions and facilitates smoother legal processes.
